227 E Michigan Avenue Marshall, MI 49068
2 bed / 3 bath / 3,701 Sq. Ft. / 3,049 Sq. Ft., 0.07 acres lot size / Single Family
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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.
property details
Type
Single Family
Status
Active
County
Calhoun
Year Built
1865
Sq. Ft.
3,701
Lot Size
3,049 Sq. Ft., 0.1 acres
Listing Id
26029415
Courtesy Of
Carole Shapiro - Berkshire Hathaway HomeServices Michigan Real Estate +1 269 209 4076
List Office Phone
+1 (269) 789-0140
Interior Features
Beds
2
Full Baths
2
Half Baths
1
Living Area Units
Sq. Ft.
Flooring
Ceramic Tile
Carpet
Wood
Carpet
Wood
Appliances
Bar Fridge
Dishwasher
Dryer
Microwave
Range
Refrigerator
Washer
Dishwasher
Dryer
Microwave
Range
Refrigerator
Washer
Bathrooms Total
3
Exterior Features
Parking
Garage Faces Rear
Attached Garage
Asphalt
Paved
Attached Garage
Asphalt
Paved
Stories
3
Utility & Building Info
Below Grade Finished Area
0
Price Per Sq Meter
$0
Heating
Gas Heat
Electric Heating
Steam
Baseboard
Hot Water
Electric Heating
Steam
Baseboard
Hot Water
Building Area Total
3,701 Sq. Ft.
Architectural Style
Other
3+ Story
3+ Story
Northern Michigan MLS, Inc listings presented by:
203 Bridge St.
Charlevoix, Michigan 49720
(231) 547-9905
Price History
| date | event | price | source |
|---|---|---|---|
|
06/15/2026
06/15/2026
|
Active |
$585,000
|
Southwestern Michigan Regional MLS |
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Market Trends
Source: Constellation1
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