Property profile

127 Church St Coloma, MI 49038

OFF-MARKET
Office buildings
Property ID
US43-3971940
1,000 SF Built 1900
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1900
Total area 1,000 SF
APN 60-0340-0046-00-6
UPID US43-3971940

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

127 Church St Coloma, MI 49038-8518
Coloma metro Census 10201 NILES-BENTON HARBOR, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$110k

Owner & transaction history

since 2025
Last sale
$120,000
3 recorded transactions
2025
$120,000
2025
Price N/A
2024
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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