227 E Michigan Avenue, Marshall, MI 49068

Building Details

Year Built

1865

Listing office Berkshire Hathaway HomeServices Michigan Real Estate Marshall

Listing date Jun 10, 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 Marshall

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Overview

This distinctive historic corner building was originally built as a bank in 1865 and has been meticulously restored. The showroom features 15-foot ceilings with period crown molding and woodwork, a marble fireplace, and multiple tall display windows. A lockable walk-in vault adds to the building’s character. The 2nd floor is split into two separate, privately accessed spaces: an active, transferable 5-Star “Superhost” AirBnB with a private balcony, and an artful urban loft one-bedroom apartment with a private owner’s passageway that includes a washer, dryer, and housekeeping storage. Each unit has its own private staircase and entry. The 3rd floor is described as potentially available for expansion. A 500-square-foot rooftop patio/garden provides outdoor space.

The property includes 2+ private parking spaces on-site, with additional guest/customer parking available on the street or in a free city parking garage located kitty corner to the rear.

Updates include a new boiler added in 2025 and a mini-split heat and AC unit on the 1st floor. With turnkey income opportunities already in place and private entries for each unit, the configuration may suit buyers seeking a ready-to-operate setup while retaining the option to expand to the 3rd floor if desired.

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

Location Insight

• Map
• Local Demand

City

Marshall

County

Calhoun

State

Michigan

Longitude

-84.957129

Latitude

42.272358

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FAQs

What type of property is this?

Short term rental property - Restored 1865 bank-turned building with transferable short-term rental and loft apartment, plus private outdoor space and parking.

Where is this short term rental property located?

The property is located at 227 E Michigan Avenue Marshall, MI.

What is the asking price?

The asking price for this property is $585,000.

What are key features of this property?

This property features: Restored 1865 bank‑turned corner building with 15‑ft ceilings, period crown molding/woodwork, and marble fireplace; 1st‑floor mini split heat & AC plus new 2025 boiler; 2nd‑floor transferable 5‑Star “Superhost” AirBnB with private balcony