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    Colon, MI Hospitality Properties for Sale

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    Leonidas, MI Mendon, MI Sherwood, MI
    Established Wedding and Event Venue
    $1,890,900
    6,749 SF
    Established Wedding and Event Venue

    58522 Farrand Road, Colon, MI 49040

    Premier wedding venue with established brand and culinary experience.
    • 11.77‑acre destination property at 58522 Farrand Road, established as a wedding and event venue
    • Includes the Farrand Hall brand, associated business rights, and a fully operational setup with FF&E
    • Well‑established Guest Chef Series hosts nationally recognized guest chefs multiple times each year
    • On‑site landscaped gardens and walking paths
    • Rural features include chicken coops
    Updated: Mar 11
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    Established Wedding and Event Venue
    $2,050,000
    6,749 SF
    Established Wedding and Event Venue

    58522 Farrand Road, Colon, MI 49040

    Premier wedding venue with established brand and culinary experience.
    • Established wedding and event venue with a recognized brand and strong reputation in Southwest Michigan.
    • Includes the Farrand Hall brand and all associated business rights.
    • Fully operational setup with all furniture, fixtures, and equipment (FF&E) included for a seamless transition.
    • Hosts the nationally recognized Farrand Hall Guest Chef Series, attracting Michelin‑star level chefs.
    • Picturesque and private 11.77‑acre property with landscaped gardens and walking paths.
    Updated: Mar 11
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Colon, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Historic Brick Inn and Event Venue
    $350,000
    5,000 SF
    Historic Brick Inn and Event Venue

    Historic brick property with multiple fireplaces, updated roof, repaired chimneys, and resurfaced driveway and parking for event-ready use.

    675 10th Street, Plainwell, MI 49080

    View details
    Private All-Sports Lakefront Land
    $3,100,000
    5.28 Acres
    Private All-Sports Lakefront Land

    5.28-acre resort property with 15 lakefront cottages, a storage barn, and private all-sports lake frontage.

    Lemon Park, Vicksburg, MI 49097

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    Lakefront Resort Cottage Property
    $3,100,000
    5.28 Acres
    Lakefront Resort Cottage Property

    Private all-sports lake frontage with 15 cottages and a storage barn, offering an established rental setup.

    Vicksburg, MI 49097

    View details
    Historic Brick Inn Estate
    $350,000
    5,000 SF
    Historic Brick Inn Estate

    A historic brick estate with multiple fireplaces, updated roofing, and resurfaced driveway and parking for hospitality or private use.

    675 10th Street, Plainwell, MI 49080

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land Near I-80/90
    $150,000
    1.36 Acres
    Commercial Land Near I-80/90

    Commercial land for sale near I-80/90 interchange.

    S Centerville Road, Sturgis, MI 49091

    View details
    Prime Development Opportunity in Howe
    $1,800,000
    40.21 Acres
    Prime Development Opportunity in Howe

    40.21 acres with commercial potential near Indiana/Michigan border.

    220 W 815 N, Howe, IN 46746

    View details
    Elkhart Commercial Land on CR 17
    $605,000
    4.84 Acres
    Elkhart Commercial Land on CR 17

    Shovel-ready land for residential, mixed-use, or hotel development.

    Lot 13 Parkway Avenue, Elkhart, IN 46516

    View details
    Elkhart Commercial Development Land Available
    $595,400
    4.58 Acres
    Elkhart Commercial Development Land Available

    Shovel-ready land for residential, mixed-use, or hotel development.

    Lot 12 Parkway Avenue, Elkhart, IN 46516

    View details

    Colon, MI Hospitality Properties Market Trends and Statistics

    Explore 2 hospitality properties for sale in Colon, MI on our real estate platform. These investment opportunities span a total of 13,498 square feet of properties for sale, with an estimated market value of $3,940,900.

    Sale prices for hospitality properties in Colon, MI start at $1,890,900, averaging $1,970,450, and reaching up to $2,050,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 3,341
    Population Growth (5Y) +2.9%
    Median Household Income $58,693
    College Educated 19.5%

    High-Yield Neighborhoods for Investment

    Identify Colon submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    49040 $2M

    Taxes & Financing

    Tax Rate (average for all types) 3.28%
    Property Tax per SF $0.50 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in St. Joseph County

    New Delisted

    Total CRE Inventory on Market (SF)

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