Listing provided courtesy of WRE Sales LLC- MLS# 25056862MLS Provider

5575 Paw Paw Lake RoadColoma, MI 49038

Commercial · 1 Full Bath · 648 Sq. ft. | 0.26 Acres
$647,000 Active

5575 Paw Paw Lake Road Overview

Time on Site:
236 days
Visits:
1

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.

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5575 Paw Paw Lake Road Facts & Features

  • Type Commercial
  • Sq. ft. 648
  • Price/Sq.ft. $998
  • Lot 0.26 Acres

Details

General

Building Information

  • New Construction: No
  • Year Built: 1920

Location/Region

  • County Or Parish: Berrien
  • MLS Area Major: Southwestern Michigan - S
  • MLS Area Minor: Southwestern Michigan - S

Tax Information

  • Tax Annual Amount: 3744.0

General Information

  • Parcel Number: 11-08-0015-0014-00-1
  • Property Sub Type: Office
  • Property Type: Commercial Sale

Interior

Beds/Baths

  • Bathrooms Full: 1
  • Bathrooms Total: 1

Building Interior

  • Building Area Total: 648.0

General Information

  • Building Features: Fire Sprinkler,Outdoor Storage
  • Foundation Details: Slab
  • Interior Features: Broadband
  • Stories Total: 2733

Exterior

Lot Information

  • Lot Size Acres: 0.26
  • Lot Size Area: 0.26
  • Lot Size Dimensions: 64X174
  • Lot Size Square Feet: 11326.0
  • Lot Size Units: Acres
  • Road Surface Type: Paved
  • Water Source: Well

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Vinyl Siding
  • Roof: Composition

General Information

  • Number Of Units Total: 3
  • Utilities: Phone Available,Natural Gas Available,Electricity Available,Cable Available,Phone Connected

5575 Paw Paw Lake Road Neighborhood

Community

49038 (Coloma) Demographics

46
Median Age
227
Population Density (per sq. mile)
31%
College Educated
$57,174
Estimated Median Income
2,535
Estimated Total Home Owners
897
Estimated Total Renters
74% / 26%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

5575 Paw Paw Lake Road Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

5575 Paw Paw Lake Road Market Data

Based on the last 30 days in this zip code

$730,042
Average List Price
$323
Average Price per Square Foot
9
Properties Sold
64
Average Days on Market
71
Properties for Sale
Calculations provided by Reliance Network