Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Event Venue with Commercial Kitchen Title is generated by Realmo AI

    19697 F Drive S, Marshall, MI 49068

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Fully renovated event facility with banquet space and an equipped commercial kitchen, plus a newly renovated 4-bedroom home.

    Type:Business for Sale, Mixed Use, Special Purpose
    Property size:
    9,603 SF
    Price / SF:
    $88/SF
    Added:
    May 28, 2026
    Days on Market:
    11
    Last Refresh:
    Jun 6 at 5:45 am

    Property Features for 19697 F Drive S

    General Information

    Standard status
    Active
    Size
    9,603 SF
    Property subtype
    Business for Sale, Mixed Use, Special Purpose

    Building Details

    Year Built
    1940

    We can help!

    Listing Contact
    Crystal McFadden

    Listing agent Crystal McFadden License #6501460680

    Listing office Berkshire Hathaway HomeServices Michigan Real Estate

    Listing date May 28, 2026

    Source Crexi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway HomeServices Michigan Real Estate

    HighLights

    • Main event & banquet facility is approx. 9,000 sq. ft., originally built as a country church
    • Fully renovated commercial kitchen equipped and ready for catering services
    • Includes large banquet hall, meeting rooms, multiple offices, an elevator, and ample storage
    • Residential home is approx. 2,500+ sq. ft. and recently renovated with 4 bedrooms and 3 baths
    • Property currently hosts and is actively booking weddings, receptions, corporate events, and private parties

    Overview

    The main building is an event and banquet facility of approximately 9,000 square feet that was originally a country church and has been converted into a full-service venue. It includes a large banquet hall, multiple meeting rooms, several offices, an elevator, and ample storage. A fully renovated commercial kitchen is equipped and ready for catering services.

    The property is situated on a spacious countryside parcel and is currently hosting and actively booking weddings, receptions, corporate events, and private parties. In addition to the event facility, the offering includes a newly renovated residential home of approximately 2,500+ square feet.

    This setup can support operators looking for an on-site catering and events platform, with back-of-house kitchen space and dedicated rooms for meetings and administration. The included 4-bedroom, 3-bath home provides on-site living or flexible use alongside venue operations, depending on how the property is run.
    Location Intelligence

    Current Use by Public Records

    Wedding venues

    Map

    City
    Marshall
    County
    Calhoun
    State
    Michigan
    Longitude
    -84.898683
    Latitude
    42.20495

    Nearby Similar for Sale

    • $399,900
      3,640 SF

      Marshall Commercial Duplex For Sale

      Commercial duplex with flexible office/warehouse space in excellent condition.
      317 S Grand Street, Marshall, MI 49068
      View Details
    • $850,000
      9,603 SF

      Event Venue with Renovated Home

      Church and event venue with a renovated residential home.
      19697 F Drive S, Marshall, MI 49068
      View Details
    • $300,000
      6,013 SF

      Marshall Commercial Building with Elevator

      6000 SF commercial building with parking and elevator.
      310 E Green Street, Marshall, MI 49068
      View Details
    • $450,000
      4,373 SF

      Mixed-Use Property in Marshall, MI

      Mixed-use property with residential and commercial spaces for sale.
      207 Exchange Street, Marshall, MI 49068
      View Details
    • $450,000
      5,491 SF

      Mixed-Use Building in Downtown Marshall

      Mixed-use property with commercial space and residential units.
      103 E Michigan, Marshall, MI 49068
      View Details
    • $2,000,000
      45,985 SF

      Industrial Facility with Office Space

      45,985 SF industrial/manufacturing facility with leased office space.
      1507 S Kalamazoo Avenue, Marshall, MI 49068
      View Details
    • $140,000
      1,680 SF

      Marshall Restaurant Opportunity For Sale

      Iconic restaurant building and equipment for sale in Marshall, MI.
      113 E Michigan Avenue, Marshall, MI 49068
      View Details
    • $750,000
      3,680 SF

      Commercial Building Near Ford Park

      Commercial building on 1.03 acres, near Ford BlueOval Battery Park.
      13995 W Michigan Avenue, Marshall, MI 49068
      View Details
    • $5,000,000
      103,751 SF

      Marshall Industrial Facility For Sale

      103,000 sq ft industrial facility in Marshall, Michigan.
      205 Oliver Drive, Marshall, MI 49068
      View Details
    • $349,500

      Well-Maintained Marshall Fourplex Investment

      Four-unit property with updated kitchens and renovated baths.
      222 N Eagle Street, Marshall, MI 49068
      View Details
    • $2,000,000
      45,985 SF

      Industrial Facility with Modern Office

      45,985 SF industrial/manufacturing facility with leased office space.
      1507 S Kalamazoo Ave, Marshall, MI 49068
      View Details
    • $5,000,000
      103,000 SF

      Industrial Facility in Marshall, MI

      103,000 sq ft industrial facility near I-94.
      205 Oliver Dr, Marshall, MI 49068
      View Details

    FAQs

    What type of property is this?
    Wedding venue - Fully renovated event facility with banquet space and an equipped commercial kitchen, plus a newly renovated 4-bedroom home.
    Where is this wedding venue located?
    The property is located at 19697 F Drive S Marshall, MI.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: Main event & banquet facility is approx. 9,000 sq. ft., originally built as a country church; Fully renovated commercial kitchen equipped and ready for catering services; Includes large banquet hall, meeting rooms, multiple offices, an elevator, and ample storage
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Crystal McFadden
    Real Estate License ID: 6501460680
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    19697 F Drive S, Marshall, MI 49068
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!