DianaCarson
MLS#26028436
STATUSActive
PROPERTY TYPECommercial - Retail
SCHOOLMarshall
Property Description
A distinctive downtown Marshall classic historic corner building featuring 3+ instant turnkey income opportunities. Built as a bank in 1865, the showroom has been meticulously restored with 15-foot ceilings with 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 loft one-bedroom apartment featuring a private owners passageway between the two with a washer, dryer and housekeeping storage. Each unit has its own private staircase and entry. Used in the 1800s, 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. Ample guest/customer parking on the street or in the free city parking garage kitty corner to the rear. A new boiler was added in 2025 along with a mini split heat & AC unit on the 1st floor. First time on the market in 35 years. Asking $585,000.
Property Features
Property Type: Commercial - Retail
Cooling: Window Unit(s)
Heating: Baseboard, Steam
Lot Size: 0.07 Acres
Roof Type: Composition
Taxes: $4,985
Year Built: 1865
Feature Descriptions
Business Type: Other, Professional/Office, Professional Service, Restaurant, Retail
Days on Site: 22
Exterior: Block, Concrete, Stone
Foundation: Stone, Combination
Interior: Broadband
Lot Dimensions: 24x118
Parcel Number: 53-001-023-01
Parking Total: 3
Road Surface: Paved
Sub Type: Business
Units: 3
Utilities: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Cable Connected, Storm Sewer
Local Schools
School District: Marshall
Listed By / Shown By
Listed By
Agency Name: Berkshire Hathaway HomeServices Michigan Real Estate
Agent Name: Carole Shapiro
Shown By
Agent Name: Diana Carson
Agent Phone: (517) 416-3472
Agency Title: Key Realty
 | The property comes from the Member MLS's of the Michigan Regional Information Center, LLC (MichRIC). Copyright 2026 Michigan Regional Information Center, LLC (MichRIC). All rights reserved. Information deemed reliable, but not guaranteed. Data Last Updated 07/03/2026. |
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227 E Michigan Avenue | MLS# 26028436
This commercial property located at 227 E Michigan Avenue, Marshall, MI 49068 is currently listed for sale with an asking price of $585,000. E Michigan Avenue is located within the Marshall school district. Search Marshall real estate on dianacarson.ikeyrealty.com today.