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Mixed-Use Property with Office Building
New
For Sale
$417,500

207 Exchange Street, Marshall, MI 49068

Commercial Sale, Marshall, MI

Property Size2,356 SF
Lot Size0.30 Acres
Price / SF$95.47
Days on Market1

Property Features for 207 Exchange Street

General Information

Property type Commercial Sale
Property subtype Other
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 2, Bathroom 1, Bathroom 3
Interior features Broadband
Elementary school district Marshall
Middle school district Marshall
High school district Marshall
Standard status Active
APN 53-001-060-00
Size 4,373 SF
Lot size 0.30 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LL@LO
Tax Annual Amount 6156
Legal Description LL@LO

Utilities

Utilities Cable Available
Heating system Forced Air
Cooling system Central Air

Building Details

Year built 1950
Floors in Building 1
Number of units 3
Building materials Vinyl Siding
Roof type Metal
Listing Agency: Berkshire Hathaway HomeServices Michigan Real Estate
Listed By: Brian Fazekas · License #6506047758
Added: Oct 7 Last Checked: Oct 7 at 8:06PM
MLS# 26053492

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.

Investment Insights

Based on property information with market context.

The property combines a 1,441-square-foot single-family residence with a separate 2,356-square-foot office building. A detached two-car garage serves the home. Inside the office, an existing partition permits either a single larger workspace or two distinct business areas.

The property occupies 0.3 acres at 207 Exchange Street in Marshall, Michigan. Broadband is listed among the interior features, and cable service is available.

Key Highlights

  • 1,441‑square‑foot single‑family residence with a detached two‑car garage
  • 2,356‑square‑foot office with a partition for one or two business spaces
  • 0.3‑acre property at 207 Exchange Street in Marshall, Michigan

Property Analytics

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Current Use

Live-work space

Suggested Use

Top Pick Auto Parts Store Dental Office Plumbing Service (Bike/Boat/Book/etc) Store Electrical Service Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Office units

Location Intelligence

Trade Area within ½ mile

745
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - A separate residence and office support a live-work arrangement, with the office configured for one or two businesses.
Where is this mixed-use property located?
The property is located at 207 Exchange Street Marshall, MI.
What is the asking price?
The asking price for this property is $417,500.
What are key features of this property?
This property features: 1,441‑square‑foot single‑family residence with a detached two‑car garage; 2,356‑square‑foot office with a partition for one or two business spaces; 0.3‑acre property at 207 Exchange Street in Marshall, Michigan
More about this property
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