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$585,000

For Sale

6 hours ago

227 E Michigan Ave, Marshall, MI

House

MLS® 26029415

2 Bed

3 Bath

3701 sqft

3 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 3701 sqft
Garage 
Taxes $4,985
Days Active 0
Lot Size 0.073 Acres
Approx. Age 1865
Avg. Price Per Sqft $158
MLS® Number 26029415

Property Address: 227 E Michigan Ave, Marshall, MI, 49068-1545

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number26029415
Laundry LevelUpper
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1865
BasementFull, Michigan Basement
DrivewayPaved, Asphalt, Attached, Garage Faces Rear
Garage Spaces
HeatBaseboard, Hot Water, Steam
A/CWall Unit(s), Window Unit(s), Mini-Split

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 15, 2026List Date
$585,000List Price
  • Commute

Commute

Starting Address
Destination Address
227 E Michigan Ave, Marshall, MI

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