Listing provided courtesy of Lake Michigan Realty Mgmt- MLS# 25049669MLS Provider

6720 Red Arrow HighwayColoma, MI 49038

Commercial · 2 Full Baths · 4,032 Sq. ft. | 0.07 Acres
$585,000 Active

6720 Red Arrow Highway Overview

Time on Site:
276 days
Visits:
5

Situated just east of downtown Coloma, this property presents a rare opportunity. Formerly a bank, it has successfully operated as a car dealership for the past 5 years. The main office boasts 4 private offices, a breakout room, and modern amenities, making it conducive to various business ventures The drive-up window from its banking days remains, offering convenience and versatility. The main office spans 3,114 square feet and features a single story layout, providing ease of access and efficient use of space. A hydraulic lift is available for vehicle maintenance needs. The furnace, only 8 years old, ensures comfort during colder months, while the AC keeps the environment pleasant. The property sits on approximately 2.4 acres of land, providing ample space for expansion or additional development. Municipal sewer and a private well serve the property, ensuring reliable utility services. The main office comprises 4 private offices and a breakout room, catering to diverse business needs. A newer back building, spanning 2800 square feet, features 4 hydraulic lifts and a modern electrical setup with a 200-amp capacity. Zoned C-1 Commercial, the property offers flexibility for a wide range of commercial uses, making it an attractive investment opportunity. The front commercial zoning and residential zoning at the rear present diverse possibilities for business operations. Don't miss the chance to own this unique property with commercial potential in a prime location. Contact us today for more information and to schedule a viewing.

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6720 Red Arrow Highway Facts & Features

  • Type Commercial
  • Sq. ft. 4,032
  • Price/Sq.ft. $145
  • Lot 0.07 Acres

Details

General

Building Information

  • New Construction: No
  • Year Built: 1975

Location/Region

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

Tax Information

  • Tax Annual Amount: 5448.85

General Information

  • Parcel Number: 11-08-0028-0002-04-8
  • Property Sub Type: Retail
  • Property Type: Commercial Sale

Interior

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Total: 2

Building Interior

  • Building Area Total: 4032.0

General Information

  • Stories Total: 1

Exterior

Lot Information

  • Lot Size Dimensions: 200 X 400
  • Lot Size Square Feet: 3099.0
  • Lot Size Units: Acres
  • Road Surface Type: Paved
  • Water Source: Well

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Brick,Stone
  • Roof: Composition

General Information

  • Number Of Units Total: 1
  • Utilities: Phone Available,Natural Gas Available,Electricity Available,Cable Available,Phone Connected,Natural Gas Connected,Electricity Connected

6720 Red Arrow Highway 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.

6720 Red Arrow Highway 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.

6720 Red Arrow Highway 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