227 E Michigan Avenue, Marshall, MI 49068
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227 E Michigan Avenue, Marshall, MI 49068
227 E Michigan Avenue, Marshall, MI 49068
227 E Michigan Avenue, Marshall, MI 49068
227 E Michigan Avenue, Marshall, MI 49068
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$ 585,000
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227 E Michigan Avenue Marshall, MI 49068

2 Beds

3 Baths

3,701 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 3,701 sqft

Price per Sqft $158

Municipality Marshall City

MLS Listing ID 26029415

Style Historic,Other

Bedrooms 2

Full Baths 2

Half Baths 1

Year Built 1865

Annual Tax Amount $4,985

Tax Year 2025

Lot Size 3,049 Sqft

Acres 0.07

Lot Dimensions 24x118

Property Sub-Type Single Family Residence

Source Michigan Regional Information Center (MichRIC)

Property Description

ENJOY DOWNTOWN URBAN LOFT LIVING as the large main floor business rental and 5-Star AirBnB produce income. This distinctive downtown Marshall Classic historic corner building featuring 3+ instant turnkey income opportunities was built as a bank in 1865 with the showroom meticulously restored with 15-foot ceilings, period crown molding and woodwork, a marble fireplace, three 8-foot and two 7-foot tall display windows and a lockable walk-in vault. The 2nd floor is split between an active, transferable 5-Star 'SuperHost' AirBnB with a private balcony and an artful urban one-bedroom apartment, featuring a private owner's passageway between the two with a washer, dryer and housekeeping storage. Each unit has its own private staircase and entry. Used in the 1800's, the 3rd floor could be available for expansion. Enjoy the 500 square foot rooftop patio/garden for afterglow parties and the 2+ private parking spaces on the property. There is ample guest/customer parking on the street or the street or in the free city parking garage kitty corner to the rear. A new boiler was added in 2025 with a mini split heat & AC unit on the 1st floor. First time on the market in 35 years. Asking $585,000. the street or in the free city parking garage kitty corner to the rear. A new boiler was added in 2025 with a mini split heat & AC unit on the 1st floor. First time on the market in 35 years. Asking $585,000.

Location

State MI

County Calhoun

Rooms

Basement Full, Michigan Basement

Interior

Interior Features Ceiling Fan(s), Broadband, Guest Quarters, Eat-in Kitchen

Heating Baseboard, Hot Water, Steam

Cooling Wall Unit(s), Window Unit(s)

Flooring Carpet, Ceramic Tile, Wood

Fireplaces Number 1

Fireplace true

Window Features Storms,Window Treatments

Appliance Bar Fridge, Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer

Laundry Electric Dryer Hookup, In Hall, Upper Level, Washer Hookup

Exterior

Exterior Feature Balcony

Parking Features Garage Faces Rear, Attached

Utilities Available Phone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Cable Connected, Storm Sewer, High-Speed Internet

View Y/N No

Roof Type Shingle

Street Surface Paved

Handicap Access Low Threshold Shower

Porch Terrace

Garage No

Building

Lot Description Corner Lot, Level, Sidewalk

Story 3

Sewer Public

Water Public

Architectural Style Historic, Other

Structure Type Block,Concrete,Stone

New Construction No

Schools

School District Marshall

Others

Tax ID 53-001-023-01

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


Listed by Berkshire Hathaway HomeServices Michigan Real Estate

NEARBY SCHOOLS & PROPERTIES

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Karen Austin
Karen Austin

Broker Associate

+1(517) 290-4493 | karenaustin4@gmail.com

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227 E Michigan Avenue