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Jenn Smart

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227 E Michigan , Marshall, MI 49068
$549,000
Est. Payment: $2,860.92/mo
2 Bed
3 Bath
3701 Sqft
Status: active | Days on site: 70
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

ENJOY DOWNTOWN URBAN LOFT LIVING as the large main floor business rental and 5-Star AirBnB produce income. This distinctive downtown Marshall Classic historic corner building featuring 3+ instant turnkey income opportunities was built as a bank in 1865 with the showroom meticulously restored with 15-foot ceilings, period crown molding and woodwork, a marble fireplace, three 8-foot and two 7-foot tall display windows and a lockable walk-in vault. The 2nd floor is split between an active, transferable 5-Star 'SuperHost' AirBnB with a private balcony and an artful urban one-bedroom apartment, featuring a private owner's passageway between the two with a washer, dryer and housekeeping storage. Each unit has its own private staircase and entry. Used in the 1800's, the 3rd floor could be available for expansion. Enjoy the 500 square foot rooftop patio/garden for afterglow parties and the 2+ private parking spaces on the property. There is ample guest/customer parking on the street or

Highlights

Listed by Carole Shapiro , (269) 209-4076 Berkshire Hathaway HomeServices Michigan Real Estate , MiRealSource, Inc. mls logo

Property Type

Residential

Lot/Acreage
0.07

Year Built

1865

County

Calhoun

Area

Marshall (13028)

School District

Marshall Public Schools

Listing ID

70539092

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:2
  • Bathrooms:3
  • Full Bathrooms:2
  • 1/2 Bathrooms:1
Appliances:Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
Above Ground Sq Ft:3701
Below Ground Sq Ft:0
Basement:MI Basement
Other:
  • Additional:Accessibility Features
Water:Public Water

Exterior Features

Lot Dimensions:24x118
Others:
  • Additional:Storms/Screens
Parking Features:Attached Garage
Principal Interest
$2,861
Taxes
$415

Home Price

$549,000

Loan Details

30 yrs
6.792%

Down Payment

20%
$109,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,860.92

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,860.92 $415.42 $0.00 $3,276.33
Yearly $34,330.98 $4,985.00 $0.00 $39,315.98
Total $1,029,929.53 $149,550.00 $0.00 $1,179,479.53
Lender profile image
So-Crates Johnson
Dust, Wind, Dude
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Market insight data is pulled from the same city as the listing being viewed (Marshall, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

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Copyright 2026 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.

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Data last updated: 2026-09-02T01:10:54.300Z

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