Seven-Cabin Rental
5358 Paw Paw Lake Road Coloma, MI 49038
New
5358 Paw Paw Lake Road, Coloma, MI, 49038
$1,125,000
For Sale
$1,125,000
COMMERCIAL - Coloma, MI
Property Size3,460 SF
Lot Size1.00 Acre
Price / SF$325.14
Days on Market4
Property Features for 5358 Paw Paw Lake Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bathrooms
- 6
- Rooms
- Bathroom 6, Bathroom 1, Bathroom 5, Bathroom 2, Bathroom 3, Bathroom 4
- 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
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
505 Pleasant St Suite 302B, Buchanan, MI
Listed by
Lane Moser
(260) 615-9248
Added: Jul 17 Checked: Jul 20 at 2:06 pm
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
Location Intelligence
Current Use by Public Records
Short term rental ...
Similar For Sale Nearby
FAQs
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
