Mixed-Use Building with Wine
New
For Sale
$525,000
116 E Michigan Avenue, Marshall, MI 49068
Commercial Sale, Marshall, MI
Property Size4,862 SF
Lot Size0.09 Acres
Price / SF$107.98
Days on Market2
Property Features for 116 E Michigan Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
B-3 CEN
Bathrooms
1
Full bathrooms
1
Rooms
Basement, Bathroom 1
Parking
3
Elementary school district
Marshall
Middle school district
Marshall
High school district
Marshall
Directions
E on Michigan Ave
Standard status
Active
APN
53-001-015-00
Size
4,862 SF
Lot size
0.09 Acres
Additional Details
Business Included
Yes
Taxes and HOA fees
Tax Year
2026
Tax Description
Long Legal, see Supplement
Tax Annual Amount
7450
Legal Description
Long Legal, see Supplement
Utilities
Utilities
Phone Available
Heating system
Forced Air
Building Details
Year built
1880
Floors in Building
1
Number of units
2
Building materials
Brick
Buildings
1
Listing Agency:
Real Estate One Rosemary Davis
(269) 781-9847
Listed By:
Max Brundage · License #6501389748
(269) 967-9816
Added: Oct 30
Last Checked: Oct 31 at 8:06AM
MLS# 26057711
Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 4,862-square-foot brick mixed-use building dates to 1880 and includes a florist business and a wine room with a custom-built bar. The sale also includes wine and floral inventory, wine-making equipment, dishware, and bar accessories. An unfinished upper-level area offers additional space, and the wine room and bar feature high ceilings.
The property has 0.09 acres and includes additional parking owned by the building. Access through a 12-foot-wide east–west alley along the north side of the described parcel is provided by an ingress-and-egress right.
The property has 0.09 acres and includes additional parking owned by the building. Access through a 12-foot-wide east–west alley along the north side of the described parcel is provided by an ingress-and-egress right.
Key Highlights
- 4,862‑square‑foot brick building constructed in 1880
- Florist business and wine room included in the sale
- Includes wine and floral inventory, wine‑making equipment, dishware, and bar accessories
Property Analytics
Who owns this building?
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Current Use
Lease Details
Single-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
752
Businesses Nearby
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Business Placement
Demographics for 49068, MI
14,325
Population
6,901
Households
2.1
Avg Household Size
45
Median Age
36%
College-Educated
96%
High-School Grad
129.9 sq mi
ZIP Area
110
Density / Sq Mi
$78,476
Median Household Income
$47,198
Median Earnings
$904
Median Rent
$196,800
Median Home Value
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Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - The sale includes the operating businesses, wine inventory, floral inventory, wine-making equipment, and bar furnishings.
Where is this mixed-use property located?
The property is located at 116 E Michigan Avenue Marshall, MI.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: 4,862‑square‑foot brick building constructed in 1880; Florist business and wine room included in the sale; Includes wine and floral inventory, wine‑making equipment, dishware, and bar accessories
