5036 Paw Paw Lake Road, Coloma, MI 49038
COMMERCIAL - Coloma, MI
- Added:
- Oct 24, 2025
- Days on Market:
- 256
- Last Refresh:
- Jul 6 at 8:06 pm
Property Features for 5036 Paw Paw Lake Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bathroom 1
- Parking
- 35
- Standard status
- Active
- APN
- 11-08-4520-0009-00-8
- Size
- 2,000 SF
- Lot size
- 0.38 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- Per title
- Tax Annual Amount
- 3823
Utilities
- Utilities
- Natural Gas Available
- Heating system
- Forced Air
Building Details
- Year built
- 1955
- Floors in Building
- 1
- Number of units
- 1
- Building materials
- Block, Vinyl Siding
- Roof type
- Stone
Listing agent Whitney Lents (269) 487-6389
Listing office Coldwell Banker Realty 10 N Whittaker St., Northbrook, MI (269) 469-3950
Listing date Oct 24, 2025
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.
HighLights
- Prime location directly across from Paw Paw Lake, a major tourist destination, offering high visibility and traffic.
- Turn‑key building offered for restaurant or investment opportunity.
- Spacious 20' x 40' addition provides expanded dining or flexible use.
- Recent upgrades include a new roof and updated electrical system.
- Located in Coloma, known as a gateway to Paw Paw Lake.
- Natural Gas Available
Overview
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $31.0k | $15.48 |
| − Vacancy | −$1.3k | −$0.65 |
| EGI | $29.7k | $14.83 |
| − OpEx | −$7.4k | −$3.71 |
| NOI | $22.2k | $11.12 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Coloma
- County
- Berrien
- State
- Michigan
- Longitude
- -86.293373
- Latitude
- 42.202937
