Seven-Cabin Rental
For Sale
$1,125,000
5358 Paw Paw Lake Road, Coloma, MI 49038
COMMERCIAL - Coloma, MI
Property Size3,460 SF
Lot Size1.00 Acre
Price / SF$325.14
Days on Market49
Property Features for 5358 Paw Paw Lake Road
General Information
Property type
Commercial Sale
Property subtype
Other
Bathrooms
6
Full bathrooms
6
Rooms
Bathroom 3, Bathroom 5, Bathroom 1, Bathroom 6, Bathroom 2, Bathroom 4
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: Aug 4
Last Checked: Sep 3 at 8:06PM
MLS# 26036891
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Investment Insights
Based on property information with market context.
This property includes seven constructed cabins on approximately one acre across two parcels. The mix of units consists of three two-bedroom, one-bath cabins and three one-bedroom, one-bath cabins currently operating as rentals, along with a seventh cabin being converted to an on-site office and laundry facility to streamline operations.
The cabins are located just across the street from Paw Paw Lake. The property has an established rental history, operating as short-term rentals during the summer season and transitioning to longer-term rentals throughout the off-season.
Ownership updates mentioned in the remarks include investments in heating and cooling systems, paving the driveway, and renovating the seventh cabin into a dedicated office and laundry center. The property is reported to generate approximately $150,000 in annual gross rental income.
The cabins are located just across the street from Paw Paw Lake. The property has an established rental history, operating as short-term rentals during the summer season and transitioning to longer-term rentals throughout the off-season.
Ownership updates mentioned in the remarks include investments in heating and cooling systems, paving the driveway, and renovating the seventh cabin into a dedicated office and laundry center. The property is reported to generate approximately $150,000 in annual gross rental income.
Key Highlights
- Seven‑cabin property on approximately 1 acre across two parcels, including 5354 and 5358 Paw Paw Lake Road, across the street from Paw Paw Lake
- Cabin mix includes three 2‑bedroom, 1‑bath cabins and three 1‑bedroom, 1‑bath cabins currently used as rentals, plus a seventh cabin converting to an office and on‑site laundry
- Generates approximately $150,000 in annual gross rental income via short‑term rentals in summer and longer‑term rentals in the off‑season
Property Analytics
Property Profile
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
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Short term rental property - Seven cabins on two parcels offer short-term summer rentals and longer-term off-season rentals, plus an office and laundry.
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 $1,125,000.
What are key features of this property?
This property features: Seven‑cabin property on approximately 1 acre across two parcels, including 5354 and 5358 Paw Paw Lake Road, across the street from Paw Paw Lake; Cabin mix includes three 2‑bedroom, 1‑bath cabins and three 1‑bedroom, 1‑bath cabins currently used as rentals, plus a seventh cabin converting to an office and on‑site laundry; Generates approximately $150,000 in annual gross rental income via short‑term rentals in summer and longer‑term rentals in the off‑season
