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Coloma, MI Restaurants for Sale

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Watervliet, MI Benton Harbor, MI Covert, MI Hartford, MI South Haven, MI Eau Claire, MI St Joseph, MI Saint Joseph, MI
Mixed-Use Property with Cottage
Updated: Nov 4, 2025
Mixed-Use Property with Cottage

5575 Paw Paw Lake Road, Coloma, MI 49038

$647,000
648 sqft 0.26 AC lot
Mixed‑use property at 5575 Paw Paw Lake Road, Coloma, MI 49038
0.26‑acre site with views of Paw Paw Lake
Former restaurant building completely gutted for redevelopment
Plans available for two separate 1,000+ sq. ft. units
Furnished 2‑bedroom, 1‑bath cottage with 2.5‑car garage
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Restaurant Building with Dining Addition
Updated: Oct 24, 2025
Restaurant Building with Dining Addition

5036 Paw Paw Lake Road, Coloma, MI 49038

$300,000
2,000 sqft 0.38 AC lot
Building‑only investment opportunity in Coloma, located directly across from Paw Paw Lake
20' x 40' addition for expanded dining or flexible use
Recent upgrades include a new roof and updated electrical
Heating: forced air; utilities: natural gas available
Construction materials include block and vinyl siding; roof listed as stone
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Restaurant with Outdoor Patio
Restaurant with Outdoor Patio

4896 Paw Paw Lake Rd, Coloma, MI 49038

Contact for pricing
7,900 sqft 0.98 AC lot

Banquet rooms, dining areas, and on-site parking accommodate varied restaurant and event operations.

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See what stands out in Berrien County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Based on your search, we've compiled 32 Potential Opportunities for your consideration. Besides 3 Active listings in Coloma, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 21 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Restaurant and Brewery Facility
Restaurant and Brewery Facility

93415 County Road 690, Dowagiac, MI 49047

$1,990,000
8,917 sqft 1.81 AC lot

Restaurant and brewery property with water views and multiple indoor and outdoor gathering spaces on a 1.81-acre lot.

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Restaurant and Brewery Facility
Restaurant and Brewery Facility

Dowagiac, MI 49047

$1,990,000
9,000 sqft

Turnkey restaurant and brewery with water views and multiple indoor and outdoor gathering spaces.

View details
Freestanding Restaurant Building
Freestanding Restaurant Building

2055 Red Arrow Highway, Benton Harbor, MI 49022

$105,000
1,200 sqft 0.13 AC lot

For sale freestanding restaurant/bar building with existing infrastructure, offering a straightforward path for owner-operators or investors.

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Bar & Pub Property
Bar & Pub Property

2055 Red Arrow Highway, Benton Harbor, MI 49022

$105,000

Commercial property built in 1995 with Opportunity Zone designation.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Interstate Commercial Land
Interstate Commercial Land

Main Street, Watervliet, MI 49098

$499,900
14.90 AC lot

Commercial land with public water, public sewer, and cable availability near established interstate-oriented businesses.

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Commercial Acreage Near I-94 Exit
Commercial Acreage Near I-94 Exit

2508 Pipestone Road, Benton Harbor, MI 49022

$500,000
1.55 AC lot

1.5 commercial acres, ideal for business or restaurant near I-94.

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B-2 Commercial Land
B-2 Commercial Land

09279 M-140 Highway, South Haven, MI 49090

$229,000
0.80 AC lot

Business-district parcel with broadband access and cable availability.

View details
Commercial Land with Highway Frontage
Commercial Land with Highway Frontage

25th Highway, Mattawan, MI 49071

$169,900
1.61 AC lot

Commercial lot with 700+ feet of road frontage on Red Arrow Highway and convenient access to I-94.

View details

Off-Market Properties in Coloma, MI

Consider similar Off-Market properties in Coloma, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

210 Paw Paw St
BAR, TAVERN

210 Paw Paw St, Coloma, MI 49038-9589

$415,000
Estimated value
3,450 sqft 0.05 AC lot
View details
206 Paw Paw St
RESTAURANT

206 Paw Paw St, Coloma, MI 49038-9589

$450,000
Estimated value
2,136 sqft
View details
4675 Paw Paw Lk Rd
DRIVE-THRU RESTAURANT, FAST FOOD

4675 Paw Paw Lk Rd, Coloma, MI 49038-8668

$150,000
Estimated value
864 sqft 0.23 AC lot
View details
275 Paw Paw St
RESTAURANT

275 Paw Paw St, Coloma, MI 49038-9589

$235,000
Estimated value
View details
147 Paw Paw St
RESTAURANT

147 Paw Paw St, Coloma, MI 49038-9792

$235,000
Estimated value
1,866 sqft
View details
6275 Central Ave
BAR, TAVERN

6275 Central Ave, Coloma, MI 49038-9284

$455,000
Estimated value
6,462 sqft 0.23 AC lot
View details
361 Saint Joseph St
RESTAURANT

361 Saint Joseph St, Coloma, MI 49038-9791

$200,000
Estimated value
2,375 sqft 0.45 AC lot
View details
235 Paw Paw St
BAR, TAVERN

235 Paw Paw St, Coloma, MI 49038-9589

$85,000
Estimated value
2,400 sqft
View details
185 Paw Paw St
RESTAURANT

185 Paw Paw St, Coloma, MI 49038-9792

$105,000
Estimated value
1,222 sqft 0.06 AC lot
View details
5036 Paw Paw Lk Rd
DRIVE-THRU RESTAURANT, FAST FOOD

5036 Paw Paw Lk Rd, Coloma, MI 49038-9609

$375,000
Estimated value
1,833 sqft 0.39 AC lot
View details
6218 M 63rd N
RESTAURANT

6218 M 63rd N, Coloma, MI 49038-9113

$90,000
Estimated value
3,109 sqft 0.40 AC lot
View details
168 Paw Paw St
RESTAURANT

168 Paw Paw St, Coloma, MI 49038-9792

$85,000
Estimated value
2,784 sqft
View details
5713 Beech Ave
RESTAURANT

5713 Beech Ave, Coloma, MI 49038-9638

$395,000
Estimated value
4,696 sqft 0.77 AC lot
View details
6410 M 63rd N
BAR, TAVERN

6410 M 63rd N, Coloma, MI 49038-9319

$355,000
Estimated value
3,350 sqft 0.23 AC lot
View details
5613 Paw Paw Lk Rd
BAR, TAVERN

5613 Paw Paw Lk Rd, Coloma, MI 49038-9637

$145,000
Estimated value
1,740 sqft 0.23 AC lot
View details
150 Ryno Rd
DRIVE-THRU RESTAURANT, FAST FOOD

150 Ryno Rd, Coloma, MI 49038-9720

$1,510,000
Estimated value
6,562 sqft 5.00 AC lot
View details
Paw Paw Lk Rd
RESTAURANT

Paw Paw Lk Rd, Coloma, MI 49038

$465,000
Estimated value
2,661 sqft 0.39 AC lot
View details
4896 Paw Paw Lk Rd
RESTAURANT

4896 Paw Paw Lk Rd, Coloma, MI 49038-8669

$150,000
Estimated value
5,196 sqft 0.98 AC lot
View details
Paw Paw Ave
DRIVE-THRU RESTAURANT, FAST FOOD

Paw Paw Ave, Coloma, MI 49038

$80,000
Estimated value
349 sqft 0.36 AC lot
View details
3313 Chestnut Ave
BAR, TAVERN

3313 Chestnut Ave, Coloma, MI 49038-9438

$430,000
Estimated value
6,390 sqft 0.23 AC lot
View details
Angling Rd
BAR, TAVERN

Angling Rd, Coloma, MI 49038

$995,000
Estimated value
6,760 sqft 2.05 AC lot
View details

Coloma, MI Restaurants Market Trends and Statistics

Explore 24 restaurants for sale in Coloma, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 10,548 square feet of properties for sale, with an estimated market value of $947,000.

Sale prices for restaurant properties in Coloma, MI start at $300,000, averaging $473,500, and reaching up to $647,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Conventional restaurants 3

Demographics Overview

Population 8,577
Population Growth (5Y) -8.9%
Median Household Income $60,396
College Educated 14.7%

High-Yield Neighborhoods for Investment

Identify Coloma submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
49038 $473.5K

Taxes & Financing

Tax Rate (average for all types) 3.35%
Property Tax per SF $66.34 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Berrien County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Berrien County

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