115 Grn St, Marshall, MI 49068-1532
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.
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Engelter Photography Photography Service (Bike/Boat/Book/etc) Store
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KimberVision Association Or Organization
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Dance Dynamics Training Center
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UMAS, Martial Arts, Wing Chun - Bak Mei Kung fu, Karate Sports School
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ChargePoint Charging Station Electric Vehicle Charging Station
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B-3 CEN · Marshall, MIMarshall. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.