Exceptional investment opportunity featuring seven beautifully constructed cabins situated on approximately one acre across two parcels, including 5354 and 5358 Paw Paw Lake Road, just across the street from Paw Paw Lake. The property consists of three 2-bedroom, 1-bath cabins, three 1-bedroom, 1-bath cabins currently operating as rentals, and a seventh cabin that is being converted into an office and on-site laundry facility to streamline operations and provide added convenience for ownership. The property is a proven income producer, operating as short-term rentals during the summer season and transitioning to longer-term rentals throughout the off-season, generating approximately $150,000 in annual gross rental income. This is a stabilized asset with an established rental history and excellent performance.
Courtesy: American Homes Real Estate
Mikki Swisher
Endless Income Opportunities!! 9,000 sf building designed with multiple configurations & uses on nearly 1.5 acres located on a main road. Nearly 200' of frontage on St. Joseph St (Red Arrow Highway) in the city of Coloma. Currently used/zoned for used car dealership for 20 years & previously an RV dealership. Paved parking for 50-100+ cars. Four overhead doors including one 8'x10'. Two 9' x10' & one 11'6" x 11'6" for RV/Motorhome/Truck access.Ceiling height varies from 11' to 15'. Interior of the building currently consists of approx 1,500 sq.ft of nicely finished area including 2 offices/bedrooms & 2 full bathrooms. Other areas of the interior include several office spaces, large meeting room, 2 add'l baths, warehouse storage & workshop areas. Great location, easy access & visibility make it a perfect location for any number of business uses. Additional 1/2 acre of adjoining property with another 165' of road frontage, single family home & large garage also availiable ($189,000); Power/Phase: 3 phase
Endless Income Opportunities!! 9,000 sf building designed with multiple configurations & uses on nearly 1.5 acres located on a main road. Nearly 200' of frontage on St. Joseph St (Red Arrow Highway) in the city of Coloma. Currently used/zoned for used car dealership for 20 years & previously an RV dealership. Paved parking for 50-100+ cars. Four overhead doors including one 8'x10'. Two 9' x10' & one 11'6" x 11'6" for RV/Motorhome/Truck access.Ceiling height varies from 11' to 15'. Interior of the building currently consists of approx 1,500 sq.ft of nicely finished area including 2 offices/bedrooms & 2 full bathrooms. Other areas of the interior include several office spaces, large meeting room, 2 add'l baths, warehouse storage & workshop areas. Great location, easy access & visibility make it a perfect location for any number of business uses. Additional 1/2 acre of adjoining property with another 165' of road frontage, single family home & large garage also availiable ($189,000)
Courtesy: Wright Properties
269-369-4640
Great 11 acre parcel with close proximity to I-94. Three buildings includes two pole barns and an older ranch home. First building is 50x64 and includes 50x28 of COLD STORAGE. Second pole building is 60x120. Second building includes loading dock, concrete floor, rigid insulation, mezzanine, sliding door, OH door, small office area and two bathrooms.
Total building SF is 25,500; this includes a newer 4000 SF addition which was added approximately 10 years ago. Metal building has over 20 ft ceiling height, two 14-ft ground level doors & 440 3-phase plus gas heat & central air. The remaining building has 12 to 18-ft ceilings, and is currently divided into four manufacturing or storage areas with two ground-level doors & seven docks. There is approximately 2400 SF of office area in front of building plus an additional level over offices for other uses. Zoned commercial-industrial with many possibilities. Paved parking for 50-75 cars. Total 4.39 acres includes additional connected lot of 1.37 acres with frontage on Randall Rd. Located approximately one mile from I-94 Exit 39.
Historic Redevelopment Opportunity Near Paw Paw Lake!This property features one of Coloma and Watervliet's most well-known former restaurants, a local staple for over 20 years. Originally opened in 1943, rebuilt in 1988, and expanded in 1995, the building is now completely gutted and ready for new life -- with plans available for two separate 1,000+ sq. ft. units. Also included is a charming fully furnished 2-bedroom, 1-bath cottage with a spacious 2.5-car garage and extra storage. With five parking spaces and views of Paw Paw Lake, this unique property offers incredible potential for redevelopment, short-term rentals, or a live/work setup.Property across the street is Presidents Landing is also for sale. Imagine what you can achieve with both properties.
An exciting investment opportunity is now available in the heart of Coloma -- a community known as a gateway to Paw Paw Lake, one of Southwest Michigan's most popular tourist destinations. Offered for the building only, this property is ideal for seasoned restaurant operators or investors ready to bring their vision to life. Located directly across from Paw Paw Lake, it provides outstanding visibility and accessibility. With steady tourism and recreational traffic drawn to the lake year-round, the right concept here has the potential to thrive. This turn-key property includes a spacious 20' x 40' addition for expanded dining or flexible use, plus recent upgrades such as a new roof and updated electrical. Whether you're looking to expand your portfolio or launch your own restaurant concept, this building provides the foundation for long-term success in a prime Southwest Michigan location.
Coloma is located in Michigan. Coloma, Michigan has a population of 1,173. Coloma is more family-centric than the surrounding county with 30.97% of the households containing married families with children. The county average for households married with children is 24.06%.
The median household income in Coloma, Michigan is $51,250. The median household income for the surrounding county is $55,893 compared to the national median of $69,021. The median age of people living in Coloma is 32.8 years.
The average high temperature in July is 81.5 degrees, with an average low temperature in January of 19.2 degrees. The average rainfall is approximately 37.9 inches per year, with 78.8 inches of snow per year.
