Property summary
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
VerifiedCap rate & NOI
Current use
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Photography Service (Bike/Boat/Book/etc) Store
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Association Or Organization
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Training Center
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Sports School
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Electric Vehicle Charging Station
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
B-3 CEN · Marshall, MIZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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The district profile from the municipal source: what is on file for B-3 CEN in Marshall, MI.
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Find the owner behind the property.
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