227 E Michigan Avenue, Marshall, MI 49068
Local realty services provided by:Better Homes and Gardens Real Estate Connections
227 E Michigan Avenue,Marshall, MI 49068
$549,000
- 2 Beds
- 3 Baths
- 3,701 sq. ft.
- Single family
- Active
Listed by: carole shapiro
Office: berkshire hathaway homeservices michigan real estate
MLS#:26029415
Source:MI_MICHRIC
Price summary
- Price:$549,000
- Price per sq. ft.:$148.34
About this home
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....
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Home facts
- Year built:1865
- Listing ID #:26029415
- Added:105 day(s) ago
- Updated:September 28, 2026 at 04:02 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:3
- Full bathrooms:2
- Half bathrooms:1
- Rooms Total:15
- Kitchen Description:Dishwasher, Microwave, Range, Refrigerator
- Basement:Yes
- Basement Description:Michigan Basement
- Living area:3,701 sq. ft.
Heating and cooling
- Heating:Baseboard, Hot Water, Steam
Structure and exterior
- Year built:1865
- Building area:3,701 sq. ft.
- Lot area:0.07 Acres
- Construction Materials:Block, Concrete, Stone
Utilities
- Water:Public
Finances and disclosures
- Price:$549,000
- Price per sq. ft.:$148.34
- Tax amount:$4,985 (2025)
Features and amenities
- Laundry features:Washer
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