227 E Michigan Avenue
Marshall, Michigan 49068
2
Bed
2.5
Bath
3,701Sqft
0.07Acre(Lot)
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 ava
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedrooms: 2Bathroom Information
Total Baths: 2.5 Full Baths: 2 Half Baths: 1 -
Room Information
Total Rooms: 3 Porches: Balcony,TerraceInterior Features
Cable Available,Laundry Facility,Other Roof: Shingle Fireplace: Yes Appliances: Dishwasher,Dryer,Microwave,Range/Stove,Refrigerator,Washer,Bar Fridge -
Heating & Cooling
Cooling: Ceiling Fan(s),Wall Unit(s),Window Unit(s) Heating: Baseboard,Hot Water,Steam Heating Fuel: Electric,Natural GasWater Heater
Electric
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Building Information
Year Built: 1865 Building Stories: 3 Story Amenities: Laundry In-Unit Roof: Shingle Foundation/Basement: Basement,Michigan Basement Architecture: Historic,Other -
Exterior Features
Construction: Block,Stone -
Utility Features
Sewer: Sewer (Sewer-Sanitary),Storm Drain -
Water
Public (Municipal) Water Heat: Electric
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Lot Information
Lot Size: 0.07 Lot Dimensions: 24x118 Lot Features: Corner Lot,Level Frontage Feet: 24 -
Property Information
SQ ft: 3701 Financing: Cash,Conventional
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Listing Price Information
Original List Price: $585,000 -
Listing Information
Common/Club Amenities: Laundry In-Unit Legal Description: MARSHALL CITY, UPPER VILLAGE E 24 FT OF LOT 23.
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Tax Information
Annual Tax: $4,985 Parcel Number: 5300102301 -
Legal Information
Legal Description: Section: MARSHALL CITY, UPPER VILLAGE E 24 FT OF LOT 23.
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Parking Information
Has Garage: Yes Garage Description: Attached -
Multi-Unit Information
Road Frontage: Paved,Pub. Sidewalk
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School Information
School District: Ironwood -
Fire Place Information
Fire Place: Yes -
Utility Information
Water: Public (Municipal) Sewer: Sewer (Sewer-Sanitary),Storm Drain
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 22622 N R Drive, Marshall, MI, 49068 | $259,900 | 4 | 2 | 1,866 | 1,866 SqFt |
| 19501 B Drive, Marshall, MI, 49068 | $724,900 | 3 | 3 | 2,889 | 2,889 SqFt |
| 21217 20 1/2 Mile Road, Marshall, MI, 49068 | $251,000 | 3 | 1 | 1,378 | 1,378 SqFt |
| 17081 20 Mile Road, Marshall, MI, 49068 | $399,900 | 4 | 3 | 1,896 | 1,896 SqFt |
| 19647 L Drive, Marshall, MI, 49068 | $210,000 | 2 | 1 | 1,075 | 1,075 SqFt |
| 19250 Homer Road, Marshall, MI, 49068 | $434,900 | 3 | 3 | 2,159 | 2,159 SqFt |
| 905 Valley View Court, Marshall, MI, 49068 | $329,900 | 4 | 3 | 1,883 | 1,883 SqFt |
| 917 Valley View Court, Marshall, MI, 49068 | $324,900 | 4 | 2 | 2,072 | 2,072 SqFt |
| 909 Valley View Court, Marshall, MI, 49068 | $319,900 | 4 | 2 | 1,120 | 1,120 SqFt |
| 913 Valley View Court, Marshall, MI, 49068 | $329,900 | 4 | 3 | 1,830 | 1,830 SqFt |
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ByOwner last updated this listing 06/16/2026 @ 06:46
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