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227 E Michigan Ave, Marshall, MI 49068

$549,000
  • 2

    bed

  • 3

    bath

  • 3,701

    Sqft ($148/Sqft)

House for sale 132 days
$36K price drop

About 227 E Michigan Ave

Property type House
Year built 1865
HOA fee $0/month
Lot size 3,049 Sqft
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.
Listed by
Listing Agent - Carole Shapiro
Listing Office - Berkshire Hathaway HomeServices Michigan Real Estate
Source: MichRIC mls logo mls badge logo
MLS#26029415 • last updated 2 months ago
Movoto checked MichRIC for data 1 hour ago
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Overview
Cooling/AC Wall Unit(s), Window Unit(s)
Heating Baseboard, Hot Water, Steam
Levels/Style Historic, Other
SubType Single Family Residence
Status Active
Living Area 3701
MLS # 26029415
Type Residential
Lot Size (Acres) 0.07
Lot Size (SqFt) 3049
Annual Property Tax 4985
Year Built 1865
Interior
Total # of Bathrooms 3
# Full Baths 2
# Half Baths 1
Total # of Bedrooms 2
Total # of Rooms 15
Basement Full, Michigan Basement
Laundry Electric Dryer Hookup, In Hall, Upper Level, Washer Hookup
Flooring Carpet, Ceramic Tile, Wood
Appliances Bar Fridge, Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Interior Features Ceiling Fan(s), Broadband, Guest Quarters, Eat-in Kitchen
Accessibility Features Low Threshold Shower
Window Features Storms, Window Treatments
Exterior
Roofing Shingle
Construction Block, Concrete, Stone
Parking Garage Faces Rear, Attached
Exterior Features Balcony
Lot Desc Corner Lot, Level, Sidewalk
Patio/ Porch Terrace
Amenities / Utilities
Utilities Phone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Cable Connected, Storm Sewer, High-Speed Internet
Sewer/ Septic Public
Water Public
Location
County Calhoun
High School District Marshall
APN 53-001-023-01
Lot/ Land Details
Road Surface Paved
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Around the neighborhood

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Family
18/100
Dining
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  • Real Estate
  • MI
  • Calhoun County
  • Marshall
  • 49068
  • 227 E Michigan Ave

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