4896 Paw Paw Lk Rd Coloma, MI 49038-8669
- Turn key restaurants
- 5,196 SF
- 0.98 lot acres
Current Use by Public Records
- The Blackbird Waterhouse / Restaurant
Property Details for 4896 Paw Paw Lk Rd
- Year built
- 1950
- Lot size
- 0.98 lot acres
- Property size
- 5,196 SF
- Zone code
- C-1
- Property type
- Turn key restaurants
- APN
- 08-0021-0046-00-5
- APU
- 800210046005
Description
This exceptional restaurant opportunity in Coloma, Michigan, presents a unique chance to acquire a well-established business with significant potential. Located at 4896 Paw Paw Lake Rd, this property boasts 7,900 square feet of space situated on a 0.98-acre lot. The building features ample parking, banquet facilities, multiple dining rooms, and an expansive outdoor patio with a bar. The sale includes a Class C liquor license, allowing for the sale of beer and wine, and most of the furniture, fixtures, and equipment (FF&E) are included in the sale price of $495,000. The property is zoned commercial and has a land value of $79.11 per square foot. The restaurant benefits from a loyal customer base and strong community ties, having hosted numerous successful events and fundraisers. This turnkey operation is ideal for an experienced restaurateur looking to expand their portfolio or an ambitious entrepreneur seeking a proven business model in a desirable location. The property's rich history and established reputation provide a solid foundation for continued success in the vibrant Southwest Michigan market. The APN is 08-0021-0046-00-5. This is a rare opportunity to own a piece of Coloma's history and build upon its legacy.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Coloma
- County
- Berrien
- State
- Michigan
- Longitude
- -86.2956
- Latitude
- 42.1998
- CBSA code
- 35660
- CBSA name
- NILES-BENTON HARBOR, MI METROPOLITAN STATISTICAL AREA