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The Rane MS 1b Mic Stage preamplifier is precisely all that you need during times when a single microphone input is desired.
You get to choose from a dynamic, electrets, or condenser microphone down to a line-level input, and the noise levels are really low. Even the distortion isn't going to be a problem; moreover, the MS 1b provides 48 V switchable Phantom Power having an indicator LED.
Signal/Overload LED, and XLR balanced Input & Output connectors are the other highlights of this preamp, and its continuous rotary gain trim varies between 18 dB and 66 dB.
Image & Info Source: http://www.rane.com/pdf/old/ms1bdat2.pdf