$450,000
Marshall, MI 49068
MLS# 26021433
Status: Pending
5491 sqft
1 / 25
Property Description
Prime downtown Marshall mixed-use building offering flexible commercial space plus two residential units in the heart of the CBD. The main floor features a large retail/office area with two storefront entrances and two separate HVAC systems, allowing the space to operate as one large suite or be divided into two income-producing units. Ideal for retail, office, or an owner-occupant. The upper level includes two spacious 2-bedroom apartments, previously configured as three units. One apartment is leased, providing immediate income, while the second has been updated and is ready for a new tenant or owner-occupant. Tenants pay their own heat/AC; owner currently pays water, sewer, and electric. Located in Marshall's walkable Central Business District, this property offers access to restaurants, shops, coffee houses, festivals, and year-round community events. Downtown Marshall continues to attract residents and small businesses seeking a vibrant, small-town urban lifestyle with historic ch
Details
Maps
Location & Property Info
Cross Streets: Jefferson/Madison
Property Sub-Type: Retail
Municipality: Marshall City
Principal Road: Yes
Ownership Type: Private Owned
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 81.95
Prop Avail for Lease?: No
Current Bldg Use: retail/apartments
General Property Info
New Construction: No
Lot Dimensions: 35' x 132'
Road Frontage: 35
Mineral Rights: Unknown
Waterfront: No
Total # Units: 3
# of Diff Unit Floor Plans: 2
Total # Bldgs: 1
# Fin Bldg Lvls: 2
Total SqFt: 5491
Total Net SqFt: 5491
Property Use Type: Investment
School District: Marshall
Lot Measurement: Acres
Lot Acres: 0.11
Lot Square Footage: 4620
Year Built: 1900
Full Baths: 5
Tax Info
Taxable Value: 88300
SEV: 62074
For Tax Year: 2026
Seller's Annual Property Tax: 4493.89
Tax Year: 2025
Homestead %: 0
Spec Assessment & Type: Unknown
Zoning: B-3 Central
Tax ID #: 53-001-010-01
Remarks & Misc
Public Remarks: Prime downtown Marshall mixed-use building offering flexible commercial space plus two residential units in the heart of the CBD. The main floor features a large retail/office area with two storefront entrances and two separate HVAC systems, allowing the space to operate as one large suite or be divided into two income-producing units. Ideal for retail, office, or an owner-occupant.
The upper level includes two spacious 2-bedroom apartments, previously configured as three units. One apartment is leased, providing immediate income, while the second has been updated and is ready for a new tenant or owner-occupant. Tenants pay their own heat/AC; owner currently pays water, sewer, and electric.
Located in Marshall's walkable Central Business District, this property offers access to restaurants, shops, coffee houses, festivals, and year-round community events. Downtown Marshall continues to attract residents and small businesses seeking a vibrant, small-town urban lifestyle with historic ch
Legal: Marshall City, Upper Village, E 35' of Lot 10
Additional Details
Ceiling Height: 12
Street Type
Paved: 1
Public: 1
Utilities Attached
Cable Connected: 1
Electricity Connected: 1
Natural Gas Connected: 1
Phone Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Uses
Professional/Office: 1
Retail: 1
Construction Type
Block: 1
Exterior Material
Brick: 1
Roofing
Rubber: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Ownership
Other: 1
Below Grade
Basement: 1
Partial: 1
Heat Type
Forced Air: 1
Air Conditioning
Central Air: 1
Business Includes
Non-Applicable: 1
Foundation
Block: 1
Stone: 1
Util Avail at St
High Speed Internet: 1
Storm Sewer: 1
Tenant Pays All
Electric: 1
Gas: 1
Send to Econ Dev Org
MEDC: 1
SWMI First, Region 5: 1
Purchase Terms Avail
Cash: 1
Conventional: 1
Unit 1
Unit Description: 2-bedroom
Occupied: Yes
Rent $/Month: 650
# Baths: 1
Tenant Pays Gas: 1
Unit 2
Unit Description: 2 Bedroom UNit
# Baths: 2
Tenant Pays Gas: 1
Possession
Close Of Escrow: 1
Subject To Tenant Rights: 1
Location Property Info
County: Calhoun
Street #: 103
Street Direction: E
Street Name: Michigan
State: MI
Zip Code: 49068
Zip (4): 1543
OfficeContract Info
Status: Pending
Current Price: $450,000
List Price: $450,000
Listing Date: 2026-04-17
Status Change Info
Under Contract Date: 2026-06-04
Property Features
Uses: Professional/Office; Retail
Ownership: Other
Business Includes: Non-Applicable
Construction Type: Block
Exterior Material: Brick
Roofing: Rubber
Foundation: Block; Stone
Below Grade: Basement; Partial
Tenant Pays All: Electric; Gas
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected; Phone Connected
Util Avail at St: High Speed Internet; Storm Sewer
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: Central Air
Street Type: Paved; Public
Purchase Terms Avail: Cash; Conventional
Sale Conditions: None
Send to Econ Dev Org: MEDC; SWMI First, Region 5
Unit 1: Tenant Pays Gas
Unit 2: Tenant Pays Gas
Possession: Close Of Escrow; Subject To Tenant Rights
Listing Office: Coldwell Banker Morehart Realty
Listing Agent: George E Bratcher
Last Updated: June - 08 - 2026
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