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    5575 Paw Paw Lake Rd Coloma, MI 49038

    For Sale
    $647,000

    SINGLE_FAMILY - Coloma, MI

    Type:Office
    Property size:
    648 SF
    Lot size:
    0.26 Acres
    Days on Market:
    21
    Last Refresh:
    Dec 5 at 5:06 pm

    Property Features for 5575 Paw Paw Lake Rd

    General Information

    Property type
    Residential
    Property subtype
    Office
    Standard status
    Active
    Rooms
    Bathroom 1
    Bathrooms
    1
    APN
    11-08-0015-0014-00-1
    Parking
    5
    Interior features
    Broadband
    Size
    648 SF
    Lot size
    0.26 Acres

    Utilities

    Utilities
    Cable Available
    Heating system
    Forced Air
    Cooling system
    Central Air
    Water source
    Well

    Building Details

    Year built
    1920
    Number of units
    3
    Building materials
    Vinyl Siding
    Roof type
    Composition

    WRE Sales LLC (708) 269-3593

    Listing agent Gina Johnston-Small (269) 767-1720

    Listing date Nov 15, 2025

    Copyright © 2025 Montcalm County Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Redevelopment Opportunity Near Paw Paw Lake

    This property presents a historic redevelopment opportunity near Paw Paw Lake. It includes a building that formerly housed a well-known local restaurant for over 20 years. Originally established in 1943, rebuilt in 1988, and expanded in 1995, the building has been completely gutted and is ready for redevelopment, with available plans for two separate units exceeding 1,000 square feet each. The property also features a fully furnished 2-bedroom, 1-bath cottage, complemented by a spacious 2.5-car garage and additional storage space. With five parking spaces and views of Paw Paw Lake, the property offers potential for redevelopment, short-term rentals, or a live/work arrangement. The lot size is 0.26 acres. The property is located in Coloma, Michigan.
    Property Profile Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Realty agency Restaurant Spa & Massage Hair Salon Building Supply Auto Repair Shop Wholesale Shop Auto Parts Store Kitchen & Bath Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Coloma
    County
    Berrien
    State
    Michigan
    Longitude
    -86.276139
    Latitude
    42.211931

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    FAQs

    What type of property is this?
    Restaurant - Historic property with redevelopment potential, cottage, and lake views.
    Where is this restaurant located?
    The property is located at 5575 Paw Paw Lake Rd Coloma, MI.
    What is the asking price?
    The asking price for this property is $647,000.
    What are key features of this property?
    This property features: - Redevelopment opportunity for a well-known former restaurant near Paw Paw Lake.; - Includes a fully furnished 2-bedroom, 1-bath cottage with a 2.5-car garage.; - Plans available for two separate 1,000+ sq. ft. units in the main building.
    (269) 767-1720
    Request Owner's contact information
    5575 Paw Paw Lake Rd Coloma, MI 49038
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5575 Paw Paw Lake Rd Coloma, MI 49038
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