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    221 E Michigan Ave Marshall, MI 49068

    For Sale
    $219,900

    SINGLE_FAMILY - Marshall, MI

    Type:Retail
    Property size:
    2,080 SF
    Lot size:
    0.04 Acres
    Days on Market:
    50
    Last Refresh:
    Dec 5 at 2:06 pm

    Property Features for 221 E Michigan Ave

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Standard status
    Active
    Rooms
    Bathroom 1, Basement
    Bathrooms
    1
    APN
    135300102201
    Parking
    50
    Interior features
    Broadband
    Size
    2,080 SF
    Lot size
    0.04 Acres

    Utilities

    Utilities
    Cable Available
    Cooling system
    Central Air

    Building Details

    Year built
    1900
    Floors in Building
    1
    Number of units
    2
    Building materials
    Stucco
    Roof type
    Rubber

    Pearse Realty, Inc. (269) 962-6167

    Listing agent Amy M Turley (269) 209-7372

    Listing date Oct 17, 2025

    Copyright © 2025 Montcalm County Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Marshall Mixed-Use Building

    Located in downtown Marshall, this mixed-use property offers a range of possibilities for new or existing businesses. The building features newer plank vinyl flooring, a newer roof with a 20-year warranty, and a newer Lennox 4 Ton 3 Phase Rooftop HVAC unit. A bathroom remodel and a new water heater have also been completed. The basement provides ample dry storage and showcases the steel frame construction and solid cement block walls. The upper level contains an outdated living space that requires renovation, presenting an opportunity for a downtown home or rental apartment. Land contract terms or lease options may be available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Buckenberger Christ Insurance ... Insurance Agency Ivan W Egnatuk ... Attorney

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Marshall
    County
    Calhoun
    State
    Michigan
    Longitude
    -84.956963
    Latitude
    42.272369

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    FAQs

    What type of property is this?
    Retail space - Mixed-use building in downtown Marshall with updated features and potential.
    Where is this retail space located?
    The property is located at 221 E Michigan Ave Marshall, MI.
    What is the asking price?
    The asking price for this property is $219,900.
    What are key features of this property?
    This property features: - Land contract terms or lease options available.; - Newer roof with a 20-year warranty.; - Newer Lennox 4 Ton 3 Phase Rooftop HVAC unit.
    (269) 209-7372
    Request Owner's contact information
    221 E Michigan Ave Marshall, MI 49068
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    Marshall, MI 49068
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    221 E Michigan Ave Marshall, MI 49068
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