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    OFF-MARKET
    Retail space

    115 Grn St, Marshall, MI 49068-1532

    16,704 SF 0.2 ac lot Built 1913
    Entity Owned 2-yr Hold ~ Est. High Equity
    Property ID
    US43-2476893
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Engelter Photography Photography Service (Bike/Boat/Book/etc) Store
    • KimberVision Association Or Organization
    • Dance Dynamics Training Center
    • UMAS, Martial Arts, Wing Chun - Bak Mei Kung fu, Karate Sports School
    • ChargePoint Charging Station Electric Vehicle Charging Station
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Eidco LLC A Michigan LLC · 2 yrs held
    Eidco LLC A Michigan LLC
    since 2023
    4 recorded transactions
    2023
    2023
    $250,000
    2006
    $235,000
    2005
    Zoning & alternative use
    B-3 CEN · Marshall, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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