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About the Listing 642745348113 - 64143237627904
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 orthe 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 Highlights
Interior Details
- Bedrooms: 2
- Bathrooms: 2 Full / 1 Half
- Appliances: Dishwasher, Dryer, Microwave, Range/Stove, Refrigerator, Washer, Bar Fridge
- Air Cond: Ceiling Fan(s),Wall Unit(s),Window Unit(s)
- Heating: Baseboard,Hot Water,Steam,Electric,Natural Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 3701
- Below Ground Sq Ft: 2141
- Basement: Basement,Michigan Basement
- Other: Cable Available,3 Story,Baseboard,Hot Water,Steam
- Water: Public (Municipal)
Exterior Details
- Lot Description: Corner Lot,Level
- Garage Capacity: N/A
- Lot Dimensions: 24x118
- Roof: Shingle
- Others: Block,Stone,Paved,Pub. Sidewalk
- Sewer: Sewer (Sewer-Sanitary),Storm Drain
- Parking Features: Attached,Paved
Financial Details
- Tax Amount: $4,985
- Taxes w/Assessments: N/A
- Tax/Property ID: 5300102301
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Questions About..
227 E Michigan Ave Marshall, MI 49068
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