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Mixed-Use Property with Cottage
For Sale
$647,000

5575 Paw Paw Lake Road, Coloma, MI 49038

COMMERCIAL - Coloma, MI

Property Size648 SF
Lot Size0.26 Acres
Price / SF$998.46
Days on Market292

Property Features for 5575 Paw Paw Lake Road

General Information

Property type Commercial Sale
Property subtype Office
Zoning description Misc Commercial
Bathrooms 1
Full bathrooms 1
Rooms Bathroom 1
Parking 5
Interior features Broadband
Elementary school district Coloma
Middle school district Coloma
High school district Coloma
Directions Use GPS
Subdivision Southwestern Michigan - S
Standard status Active
APN 11-08-0015-0014-00-1
Size 648 SF
Lot size 0.26 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description See tax sheet and documents.
Tax Annual Amount 3744
Legal Description See tax sheet and documents.

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
Listing Agency: WRE Sales LLC
Listed By: Gina Johnston-Small · License #6501428177
Added: Nov 4, 2025 Changed: Aug 4 Last Checked: Aug 23 at 4:06PM
MLS# 25056862

Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This mixed-use property combines a vacant former restaurant building with a separate furnished cottage on a 0.26-acre site. The commercial structure was originally built in 1943, rebuilt in 1988, and expanded in 1995; it is now completely gutted. Available plans outline two separate units exceeding 1,000 square feet each. Existing features include vinyl siding, forced-air heating, central air, broadband, cable availability, a composition roof, and well water.

The included cottage contains two bedrooms and one bathroom, with a 2.5-car garage and additional storage. Five parking spaces serve the property, which also has views of Paw Paw Lake. The site is located at 5575 Paw Paw Lake Road in Coloma, Michigan, within Berrien County.

Key Highlights

  • Mixed‑use property at 5575 Paw Paw Lake Road, Coloma, MI 49038
  • 0.26‑acre site with views of Paw Paw Lake
  • Former restaurant building completely gutted for redevelopment

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Hair Salon Auto Parts Store Building Supply Big Box & Wholesale Store Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

28
Businesses Nearby

Demographics for 49038, MI

8,979
Population
5,124
Households
1.8
Avg Household Size
45
Median Age
21%
College-Educated
92%
High-School Grad
39.0 sq mi
ZIP Area
230
Density / Sq Mi
$60,396
Median Household Income
$41,663
Median Earnings
$944
Median Rent
$196,200
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Gutted former restaurant with redevelopment plans, a furnished cottage, lake views, and on-site parking.
Where is this mixed-use property located?
The property is located at 5575 Paw Paw Lake Road 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: Mixed‑use property at 5575 Paw Paw Lake Road, Coloma, MI 49038; 0.26‑acre site with views of Paw Paw Lake; Former restaurant building completely gutted for redevelopment
More about this property
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