271 Paw Paw St, Coloma, MI 49038-9589
This exceptional business opportunity presents a chance to own a well-established enterprise in the heart of Coloma, Michigan. Boasting a 30-year history, this business is situated on the main street, offering high visibility and convenient access. The property includes a spacious 2,160 square foot building, complete with all necessary inventory, materials, and tools for immediate operation. Included equipment encompasses a van equipped with a glass rack, two chop saws, a drill press, four A-frame racks, and two glass tables, among other assets. The seller, ready for retirement, is offering attractive lease terms: a discounted monthly rent of $750 for the first year, increasing to $1,000 per month thereafter. This inclusive rent covers all utilities and property taxes, minimizing your initial financial burden. The business sits on a generous 1.93-acre lot, providing ample space and potential for future expansion. This turnkey operation, located near several lakes, presents a unique opportunity for an ambitious entrepreneur to step into a profitable, established business with significant growth potential. The sale includes the business only
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John's Glass & Windows Hardware & Home Improvement Home Decor Store
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.