227 E Michigan AVE, Marshall City, MI 49068
227 E Michigan AVE, Marshall City, MI 49068
227 E Michigan AVE, Marshall City, MI 49068
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$585,000
Est. payment /mo
2 Beds
3 Baths
3,701 SqFt
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Key Details

Property Type Single Family Home

Sub Type SingleFamilyResidence

Listing Status Active

Purchase Type For Sale

Square Footage 3,701 sqft

Price per Sqft $158

MLS Listing ID 64026029415

Style Historic,Other

Bedrooms 2

Full Baths 2

Half Baths 1

Year Built 1865

Lot Size 3,049 Sqft

Acres 0.07

Property Sub-Type SingleFamilyResidence

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 orthe 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

Area Area96082Marshall

Rooms

Basement Full

Main Level BathLav

Upper Level BathFull

Upper Level BathFull

Interior

Interior Features VaultedCeilings, WindowTreatments

Heating Baseboard, Electric, Hot Water, Natural Gas, Steam

Cooling Ceiling Fans, Wall Units, Window Units

Flooring Carpet, CeramicTile, Wood

Fireplaces Number 1

Fireplace Yes

Laundry InHall, UpperLevel, WasherHookup

Exterior

Exterior Feature Balcony

Parking Features Asphalt, Attached, Paved, GarageFacesRear

Community Features Sidewalks

Utilities Available CableConnected, NaturalGasConnected, PhoneAvailable

View Y/N No

Roof Type Shingle

Garage true

Building

Lot Description CornerLot, Level

Foundation Basement, MichiganBasement

Sewer Public Sewer, Storm Drain

Water Public

New Construction No

Schools

School District Ironwood

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


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Realcomp MLS
Listed by Carole Shapiro of Berkshire Hathaway HomeServices Michigan Real Estate

NEARBY SCHOOL & BUSINESS

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Matthew Stransky

Matthew Stransky

Team Owner | License ID: 327649

+1(248) 765-8788

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227 E Michigan AVE