127 Church St, Coloma, MI 49038-8518
This unique Coloma, MI property presents a compelling live/work opportunity. The 2,150 square foot building, situated on a 0.11-acre lot in the heart of downtown, currently operates as a thriving antique shop. The main retail space encompasses 1075 square feet, offering ample room for displays and customer interaction. A smaller living area is integrated within the building, providing convenient residential quarters. This area includes a full bathroom, and the existing plumbing infrastructure allows for the easy addition of a full kitchen, should the new owner desire. The property benefits from convenient parking both in front and in the rear, accessible via Federal Ct. The building itself is well-maintained, featuring a newer roof (installed in 2022) and an HVAC system approximately 10 years old. A sizable basement provides additional storage or expansion potential. This turnkey business opportunity includes the real estate and the established antique shop, offering a rare chance to own and operate a successful enterprise in a desirable downtown location. The combination of commercial and residential space makes this an ideal investment for an entrepreneur seeking a blend of work and living in a charming Michigan town. The property's prime location and recent upgrades ensure a smooth transition for the new owner.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.