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Mixed-Use Property with Cottage
For Sale
$647,000

5575 Paw Paw Lake Road, Coloma, MI 49038

Commercial Sale, Coloma, MI

Property Size648 SF
Lot Size0.26 Acres
Price / SF$998.46
Days on Market326

Property Features for 5575 Paw Paw Lake Road

General Information

Property type Commercial Sale
Property subtype Office
Zoning description Misc Commercial
Bathrooms 1
Full bathrooms 1
Rooms Bathroom 1
Parking 5
Interior features Broadband
Elementary school district Coloma
Middle school district Coloma
High school district Coloma
Directions Use GPS
Subdivision Southwestern Michigan - S
Standard status Active
APN 11-08-0015-0014-00-1
Size 648 SF
Lot size 0.26 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description See tax sheet and documents.
Tax Annual Amount 3744
Legal Description See tax sheet and documents.

Utilities

Utilities Cable Available
Heating system Forced Air
Cooling system Central Air
Water source Well

Building Details

Year built 1920
Number of units 3
Building materials Vinyl Siding
Roof type Composition
Listing Agency: WRE Sales LLC
Listed By: Gina Johnston-Small · License #6501428177
Added: Nov 4, 2025 Changed: Sep 7 Last Checked: Sep 26 at 4:06AM
MLS# 25056862

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.

Located at 5575 Paw Paw Lake Road in Coloma, this mixed-use property combines a gutted commercial building with a separate furnished cottage. Plans are available for two units measuring more than 1,000 square feet each. The commercial structure was originally built in 1943, rebuilt in 1988, and expanded in 1995. Vinyl siding, a composition roof, forced-air heat, central air, broadband, and cable availability are noted for the property.

The two-bedroom, one-bath cottage includes furnishings, a 2.5-car garage, and additional storage. The property also provides five parking spaces and views of Paw Paw Lake. A well supplies the water, and the parcel contains 0.26 acres. The combination of commercial redevelopment space and an existing residential cottage creates a distinct mixed-use configuration.

Key Highlights

  • Plans available for two separate units measuring more than 1,000 square feet each
  • Gutted commercial building originally built in 1943, rebuilt in 1988, and expanded in 1995
  • Fully furnished 2‑bedroom, 1‑bath cottage

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Hair Salon Auto Parts Store Building Supply Big Box & Wholesale Store Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

28
Businesses Nearby

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 Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Gutted commercial building with plans for two separate units and a furnished cottage on a 0.26-acre parcel.
Where is this mixed-use property located?
The property is located at 5575 Paw Paw Lake Road Coloma, MI.
What is the asking price?
The asking price for this property is $647,000.
What are key features of this property?
This property features: Plans available for two separate units measuring more than 1,000 square feet each; Gutted commercial building originally built in 1943, rebuilt in 1988, and expanded in 1995; Fully furnished 2‑bedroom, 1‑bath cottage
More about this property
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