Listing provided courtesy of Coldwell Banker Realty- MLS# 25054896MLS Provider

5036 Paw Paw Lake RoadColoma, MI 49038

Commercial · 2 Full Baths · 2,000 Sq. ft. | 0.38 Acres
$300,000 Active

5036 Paw Paw Lake Road Overview

Time on Site:
248 days
Visits:
6

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.

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5036 Paw Paw Lake Road Facts & Features

  • Type Commercial
  • Sq. ft. 2,000
  • Price/Sq.ft. $150
  • Lot 0.38 Acres

Details

General

Building Information

  • New Construction: No
  • Year Built: 1955

Location/Region

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

Tax Information

  • Tax Annual Amount: 3823.0

General Information

  • Parcel Number: 11-08-4520-0009-00-8
  • Property Sub Type: Business
  • Property Type: Commercial Sale

Interior

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Total: 2

Building Interior

  • Building Area Total: 2000.0

General Information

  • Stories Total: 1

Exterior

Lot Information

  • Lot Size Acres: 0.38
  • Lot Size Area: 0.38
  • Lot Size Dimensions: 140 X 120
  • Lot Size Square Feet: 16601.0
  • Lot Size Units: Acres

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Block,Vinyl Siding
  • Roof: Stone

General Information

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

5036 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.

5036 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.

5036 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