1154 W Michigan Avenue $1,400,000

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    1154 W Michigan Avenue Marshall, MI 49068

    Pending

    $1,400,000

    Market Estimate
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    • 15,907 sq. ft.
    • 2.16 Acres
    • Commercial
    • MLS# 23027016
    1154 W Michigan Avenue, Marshall, MI 49068
    1154 W Michigan Avenue, Marshall, MI 49068
    1154 W Michigan Avenue, Marshall, MI 49068
    1154 W Michigan Avenue, Marshall, MI 49068
    1154 W Michigan Avenue, Marshall, MI 49068
    1154 W Michigan Avenue, Marshall, MI 49068
    1154 W Michigan Avenue, Marshall, MI 49068
    1154 W Michigan Avenue, Marshall, MI 49068
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    Listing provided courtesy of: Jaqua, REALTORS Commercial
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    Views: 79 Days On Site: 283

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    Property Details

    Join the excitement in growing Marshall, Michigan, with Ford's new Blue Oval Battery Plant announced in the spring of 2023. This new Plant is a $3.5 Billion investment and is expected to bring 2,500 new jobs to the community when it opens in 2026. Construction is currently underway. This asset is positioned on the primary retail corridor for Marshall offering daily traffic counts of under 20,000. This 2.1-acre site is the first parcel east of the divided portion of Michigan Avenue and provides a ''left-in'' turn lane. Currently used as a bowling alley, the facility's value is its' great retail location. The property offers frontage on both Arms St. and Michigan Avenue. It is located 1/2 mile from I-69. Marshall, MI, is located at the intersection of I-69 and I-94, approximately 1.5 hours to Detroit and 3 hours to Chicago, and offers a well-diversified economy supporting the entire northeastern area of the county. Listing is for real estate only. If a buyer wishes to purchase the business that is available for another $195,000 (check listing agreement) which includes a liquor license

    • General Features
      • Year Built 1950
      • New Construction Y/N false
      • Business Type Other,Professional/Office,Professional Service,Restaurant,Bar/Tavern/Lounge,Retail,Recreation
      • County Or Parish Calhoun
      • Property Sub Type Retail/Commercial
      • Tax Annual Amount 15494.44
    • Building Features
      • Cooling Central Air
      • Cooling Y/N true
      • Construction Materials Wood Siding
      • Building Area Total 15907.0
      • Roof Composition
      • Number Of Units Total 1
      • Heating Y/N true
      • Full Bathrooms 2
      • Bathrooms 2
    • Property Features
      • Lot Size Acres 2.16
      • Lot Size Area 2.16
      • Number Of Buildings 1
      • Utilities Cable Connected
      • Water Source Public
      • Waterfront Y/N false
    • Schools
      • High School District Marshall

    Contact

    Andrew Frantz

    Andrew Frantz

    Realtor

    RE/MAX Perrett Associates-Commercial Division

    269-209-1790

    Neighborhood

    49068 (Marshall) Demographics

    44 Median Age
    115 Population Density (per sq. mile)
    45% College Educated
    $66,086 Estimated Median Income
    4,915 Estimated Total Home Owners
    1,641 Estimated Total Renters
    75% / 25% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    15,222 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $260,000 Median Sales Price
    15 Homes Sold
    39 New On Market

    Average Days on Site

      Properties for Sale
        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $1,400,000
        3/27/2024 9:44:20 AM Status Changed Source: Multiple Listing Service New Value: Pending
        7/27/2023 3:44:00 PM New in Database Source: Multiple Listing Service New Value: $1,400,000

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        Copyright 2024 MichRIC, LLC. All rights reserved.

        Information Deemed Reliable But Not Guaranteed. The firm operating this website does not display the entire MLS (or MichRIC) Broker Reciprocity database on this web site. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. Updated on 5/5/2024 5:14:44 AM PST. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.