Property profile

115 Grn St Marshall, MI 49068

OFF-MARKET
Retail space
Property ID
US43-2476893
16,704 SF 0.2 ac lot Built 1913
Entity Owned 3-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This stunning 16,200+ square foot commercial property, located at 115 E Green Street in Marshall, Michigan's National Historic Landmark District, presents a unique investment opportunity. The former Masonic Temple, situated on a 0.2-acre lot within the B-3 Central Business District, offers a wealth of potential uses. The building's impressive architectural details are immediately apparent upon entering, with 10-foot ceilings, beautiful hardwood floors, and exquisite trim throughout. The expansive layout is spread across multiple floors, each offering approximately 3,500 square feet of adaptable space. The grand entrance and open stairway create a welcoming atmosphere, perfect for a variety of businesses. This property's prime location in the heart of Marshall's vibrant downtown area provides exceptional visibility and accessibility. The substantial square footage allows for diverse configurations, catering to a wide range of commercial ventures. With its rich history and significant size, this property is an exceptional opportunity to own a piece of Marshall's heritage while capitalizing on its thriving commercial landscape. The asking price is $599,900. This is a rare chance to acquire a landmark building with immense potential for future development and success.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1913
Total area 16,704 SF
Lot 0.2 ac (8,712 SF)
Zoning code B-3 CEN
APN 53-001-226-00
UPID US43-2476893

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Photography Service (Bike/Boat/Book/etc) Store
  • Association Or Organization
  • Training Center
  • Sports School
  • Electric Vehicle Charging Station

Location

115 Grn St Marshall, MI 49068-1532
Marshall metro Census 4000 BATTLE CREEK, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$380k

Owner & transaction history

since 2023
4 recorded transactions
2023
Price N/A
2023
$250,000
2006
$235,000
2005
Price N/A

Zoning & alternative use

B-3 CEN · Marshall, MI

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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