Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    588 Riverside Dr Coldwater, MI 49036

    Sponsored
    For Sale
    $250,000

    Large building, ample land, park access.

    Property size:
    7,810 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    340
    This exceptional Coldwater, MI business opportunity encompasses a substantial 7,810 square foot building situated on a sprawling 12.63-acre lot. The property presents a wealth of possibilities for diverse commercial ventures. The building itself features a dedicated office space, ensuring efficient administration. Heating is provided by a reliable natural gas furnace, and the property boasts a well providing running water. Plumbing is roughed-in for a bathroom, connecting to an existing septic system. High-speed internet access is readily available, enhancing operational capabilities. Three overhead doors and a convenient loading dock facilitate seamless loading and unloading of goods. Concrete pads are strategically located at both ends of the building, providing ample space for maneuvering and storage. Cable service is accessible directly from the road, offering additional connectivity options. A city-maintained fire hydrant is conveniently located nearby. Beyond the building, the expansive acreage includes a mix of wooded areas, open fields, and abundant wildlife, creating a tranquil and picturesque setting. The property enjoys the added benefit of bordering Rotary Park, offering recreational access and enhancing its overall appeal. This unique combination of building space, land area, and park proximity presents a rare opportunity for a wide range of commercial uses.

    Property Features for 588 Riverside Dr

    General Information

    Property type
    Investment properties
    Square Feet
    7,810 SF
    Lot Size
    550,163 SF

    Building Details

    Year Built
    1950
    Property Profile Location Intelligence

    Current Use by Public Records

    Investment properties

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Coldwater
    County
    Branch
    State
    Michigan
    Longitude
    -85.02553
    Latitude
    41.94273

    Nearby Similar for Sale

    • $465,000
      7,000 SF

      Versatile Industrial Property on 3.5 Acres

      7,000 sq ft commercial property near Coldwater, Michigan.
      349 S Clay St, Coldwater, MI 49036
      View Details
    • $399,900
      9,704 SF

      Turnkey Metal Fabrication Business Opportunity

      Metal fabrication business with building and equipment for sale in Coldwater.
      169 Industrial Ave, Coldwater, MI 49036
      View Details
    • $875,000
      0.60 Acres

      Elmwood Apartments Multifamily Opportunity

      31-unit complex with rehab potential in Coldwater, Michigan.
      100 Taylor St, Coldwater, MI 49036
      View Details
    • New
      $185,000
      1.30 Acres

      Coldwater Multifamily Property Near Park

      Two-story duplex near Waterworks Park with over one acre lot.
      50 Bennett St, Coldwater, MI 49036
      View Details
    • $795,000
      1,620 SF

      Waterfront Destination with Business and Residence

      Unique waterfront property with store, food, fuel, and residence.
      685 W Channel Dr, Coldwater, MI 49036
      View Details
    • $125,000
      2,982 SF

      Remodeled Commercial Building in Coldwater

      Versatile commercial building suitable for retail, office, or restaurant use.
      450 S Clay St, Coldwater, MI 49036
      View Details
    • New
      $189,900
      0.02 Acres

      Apartment House with Garage

      Apartment house with units ready to rent and garage.
      144 W Pearl St, Coldwater, MI 49036
      View Details
    • $70,000
      2,098 SF

      Historic Grange Hall with Potential

      Unique commercial property with original features, ideal for creative uses.
      1008 Marshall Rd, Coldwater, MI 49036
      View Details
    • $110,000
      275 SF

      Compact Commercial Space in Coldwater

      274 SF commercial space, ideal for small business.
      185 S Jefferson St, Coldwater, MI 49036
      View Details
    • $249,900
      2,532 SF

      Coldwater Farmhouse on Spacious Land

      Spacious Coldwater farmhouse on 2.07 acres with modern amenities.
      435 E Girard Rd, Coldwater, MI 49036
      View Details
    • $89,900
      600 SF

      Lakefront Living Park Model

      Well-maintained park model on Randall Lake with dock access.
      631 River Rd, Coldwater, MI 49036
      View Details
    • $60,000

      Well-Maintained Home in Welcoming Community

      Spacious 2-bedroom, 2-bath home with modern updates and community amenities.
      175 N Michigan Ave, Coldwater, MI 49036
      View Details

    FAQs

    What type of property is this?
    Investment property - Large building, ample land, park access.
    Where is this investment property located?
    The property is located at 588 Riverside Dr Coldwater, MI.
    What is the asking price?
    The asking price for this property is $250,000.
    (517) 279-9500
    Request Owner's contact information
    588 Riverside Dr Coldwater, MI 49036
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    588 Riverside Dr
    Coldwater, MI 49036
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    588 Riverside Dr Coldwater, MI 49036
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.