Seven-Cabin Short-Term Rental
For Sale
$1,099,000
5358 Paw Paw Lake Road, Coloma, MI 49038
Commercial Sale, Coloma, MI
Property Size3,460 SF
Lot Size1.00 Acre
Price / SF$317.63
Days on Market72
Property Features for 5358 Paw Paw Lake Road
General Information
Property type
Commercial Sale
Property subtype
Other
Bathrooms
6
Full bathrooms
6
Rooms
Bathroom 5, Bathroom 6, Bathroom 4, Bathroom 3, Bathroom 2, Bathroom 1
Elementary school district
Coloma
Middle school district
Coloma
High school district
Coloma
Directions
om I-94, take Exit 39 and head north through Coloma, continue on Paw Paw Lake Road for about 3 miles, and 5358 Paw Paw Lake Road will be on your left near Paw Paw Lake.
Standard status
Active
APN
11-08-6200-0035-01-4
Size
3,460 SF
Lot size
1.00 Acre
Taxes and HOA fees
Tax Year
2025
Tax Description
LOTS 35 38 & 39 & THE ELY 1/2 OF VAC MAY ST LYING WLY OF SD LOTS PLEASANT VIEW
Tax Annual Amount
8023
Legal Description
LOTS 35 38 & 39 & THE ELY 1/2 OF VAC MAY ST LYING WLY OF SD LOTS PLEASANT VIEW
Utilities
Utilities
Natural Gas Available
Heating system
Space Heater
Cooling system
Central Air
Water source
Well
Water front features
Lake
Water front
1
Building Details
Year built
1935
Number of units
7
Roof type
Metal
Listing Agency:
Ellsbury Group
(219) 200-5133
Listed By:
Lane Moser · License #RB19000138
(260) 615-9248
Added: Jul 17
Changed: Sep 16
Last Checked: Sep 26 at 4:06AM
MLS# 26036891
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 short-term rental property includes seven cabins across approximately 1 acre and two parcels. The layout comprises three 2-bedroom, 1-bath cabins, three 1-bedroom, 1-bath cabins, and a seventh cabin being converted into an office and on-site laundry facility. Combined building area totals 3,460 square feet. Improvements include updated heating and cooling systems, a paved driveway, metal roofing, central air, and space heaters. The property was built in 1935 and has natural gas available and a well water source.
Located across the street from Paw Paw Lake in Coloma, Michigan, the property offers lake-oriented lodging use without direct waterfront being stated. The cabins are operated as short-term rentals during the summer season and longer-term rentals during the off-season. Three of the 1-bedroom cabins are currently operating as rentals.
Located across the street from Paw Paw Lake in Coloma, Michigan, the property offers lake-oriented lodging use without direct waterfront being stated. The cabins are operated as short-term rentals during the summer season and longer-term rentals during the off-season. Three of the 1-bedroom cabins are currently operating as rentals.
Key Highlights
- Seven cabins across approximately 1 acre and two parcels
- Three 2‑bedroom, 1‑bath cabins and three 1‑bedroom, 1‑bath cabins
- Seventh cabin being converted to an office and on‑site laundry facility
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
6
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
40
Businesses Nearby
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Short term rental property - Cabin-based rental property across from Paw Paw Lake with an on-site office and laundry conversion.
Where is this short term rental property located?
The property is located at 5358 Paw Paw Lake Road Coloma, MI.
What is the asking price?
The asking price for this property is $1,099,000.
What are key features of this property?
This property features: Seven cabins across approximately 1 acre and two parcels; Three 2‑bedroom, 1‑bath cabins and three 1‑bedroom, 1‑bath cabins; Seventh cabin being converted to an office and on‑site laundry facility
