$585,000
Marshall, MI 49068
MLS# 26029415
2 beds | 3 baths | 3701 sqft
1 / 37
Property 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
Details
Maps
Location & Property Info
Cross Streets: Hamilton & Michigan Ave
Property Sub-Type: Single Family Residence
Municipality: Marshall City
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 158.07
General Property Info
New Construction: No
Lot Dimensions: 24x118
Road Frontage: 24
Garage Y/N: No
Fireplace: Yes
Total Fireplaces: 1
Waterfront: No
Income Property: Yes
Basement: Yes
Total Rooms AG: 15
Total Fin SqFt All Levels: 3701
SqFt Above Grade: 3701
Below Grade Finished SqFt: 0
Below Grade Unfinished SqFt: 2141
Building Total SqFt: 5842
Total Beds Above Grade: 2
Main Level Primary: No
Stories: 3
School District: Marshall
Association YN: No
Lot Measurement: Acres
Lot Acres: 0.07
Lot Square Footage: 3049
Year Built: 1865
Total Bedrooms: 2
Full Baths: 2
Half Baths: 1
Total Baths: 3
Tax Info
Taxable Value: 67060
SEV: 75000
For Tax Year: 2025
Seller's Annual Property Tax: 4985
Tax Year: 2025
Homestead %: 0
Spec Assessment & Type: N/A
Tax ID #: 53-001-023-01
Remarks & Misc
Public Remarks: 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
Legal: MARSHALL CITY, UPPER VILLAGE E 24 FT OF LOT 23.
Lot Description
Corner Lot: 1
Level: 1
Sidewalk: 1
Street Type
Paved: 1
Public: 1
Util Avail at Street
Cable Available: 1
Electricity Available: 1
High Speed Internet: 1
Natural Gas Available: 1
Phone Available: 1
Storm Sewer: 1
Utilities Attached
Cable Connected: 1
High Speed Internet: 1
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Public: 1
Terms Available
Cash: 1
Conventional: 1
Laundry Features
Electric Dryer Hookup: 1
In Hall: 1
Upper Level: 1
Washer Hookup: 1
Exterior Material
Block: 1
Concrete: 1
Stone: 1
Roofing
Shingle: 1
Parking Features
Attached: 1
Garage Faces Rear: 1
Heat Source
Electric: 1
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Baseboard: 1
Hot Water: 1
Mini-Split: 1
Steam: 1
Air Conditioning
Mini-Split: 1
Wall Unit(s): 1
Window Unit(s): 1
Access Feat
Accessibility Features: Yes
Accessibility Feat
Low Threshold Shower: 1
Upper Rooms
Upper Bedrooms: 2
Upper Full Baths: 2
Upper Level Square Feet: 0
Total Baths Above Grade: 3
Main Rooms
Main Half Baths: 1
Main Level SQFT: 2141
Lower Rooms
Lower Finished SQFT: 0
Total Lower SQFT: 0
Basement Rooms
Basement Finished SQFT: 0
Total Basement SQFT: 0
Manufactured
Manufactured Y/N: No
Driveway
Asphalt: 1
Paved: 1
Substructure
Full: 1
Michigan Basement: 1
Windows
Storms: 1
Kitchen Features
Eating Area: 1
Snack Bar: 1
Additional Items
Ceiling Fan(s): 1
Guest Quarters: 1
Vaulted Ceilings: 1
Window Treatments: 1
Appliances
Bar Fridge: 1
Dishwasher: 1
Dryer: 1
Microwave: 1
Range: 1
Refrigerator: 1
Washer: 1
Water Heater
Electric: 1
Exterior Features
Balcony: 1
Patio and Porch Features
Terrace: 1
Flooring
Carpet: 1
Ceramic Tile: 1
Wood: 1
Architectural Style
Historic: 1
Other: 1
Location Property Info
County: Calhoun
Street #: 227
Street Direction: E
Street Name: Michigan
Suffix: Avenue
State: MI
Zip Code: 49068
Zip (4): 1545
OfficeContract Info
Status: Active
List Price: $585,000
Current Price: $585,000
Listing Date: 2026-06-15
Property Features
Accessibility Feat: Low Threshold Shower
Laundry Features: Electric Dryer Hookup; In Hall; Upper Level; Washer Hookup
Exterior Material: Block; Concrete; Stone
Roofing: Shingle
Windows: Storms
Substructure: Full; Michigan Basement
Lot Description: Corner Lot; Level; Sidewalk
Sewer: Public Sewer
Water: Public
Utilities Attached: Cable Connected; High Speed Internet; Natural Gas Connected
Util Avail at Street: Cable Available; Electricity Available; High Speed Internet; Natural Gas Available; Phone Available; Storm Sewer
Kitchen Features: Eating Area; Snack Bar
Additional Items: Ceiling Fan(s); Guest Quarters; Vaulted Ceilings; Window Treatments
Appliances: Bar Fridge; Dishwasher; Dryer; Microwave; Range; Refrigerator; Washer
Heat Source: Electric; Natural Gas
Heat Type: Baseboard; Hot Water; Mini-Split; Steam
Air Conditioning: Mini-Split; Wall Unit(s); Window Unit(s)
Water Heater: Electric
Exterior Features: Balcony
Flooring: Carpet; Ceramic Tile; Wood
Patio and Porch Features: Terrace
Parking Features: Attached; Garage Faces Rear
Architectural Style: Historic; Other
Driveway: Asphalt; Paved
Street Type: Paved; Public
Terms Available: Cash; Conventional
Sale Conditions: None
Supplements
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.
Listing Office: Berkshire Hathaway HomeServices Michigan Real Estate
Listing Agent: Carole Shapiro
Last Updated: July - 13 - 2026
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.