Coloma, MI
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    Coloma, MI Restaurants for Sale

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    Watervliet, MI Covert, MI Benton Harbor, MI
    Coloma Commercial Building For Sale
    $300,000
    2,000 SF
    Coloma Commercial Building For Sale

    5036 Paw Paw Lake Road, Coloma, MI 49038

    Commercial building in Coloma, MI, near Paw Paw Lake.
    • Prime location directly across from Paw Paw Lake, a major tourist destination, offering high visibility and traffic.
    • Turn‑key building offered for restaurant or investment opportunity.
    • Spacious 20' x 40' addition provides expanded dining or flexible use.
    • Recent upgrades include a new roof and updated electrical system.
    • Located in Coloma, known as a gateway to Paw Paw Lake.
    Updated: Oct 24, 2025
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    Redevelopment Opportunity Near Paw Paw Lake
    $647,000
    648 SF
    Redevelopment Opportunity Near Paw Paw Lake

    5575 Paw Paw Lake Road, Coloma, MI 49038

    Historic property with redevelopment potential, cottage, and lake views.
    • Redevelopment opportunity for a well‑known former restaurant near Paw Paw Lake.
    • Includes a fully furnished 2‑bedroom, 1‑bath cottage with a 2.5‑car garage.
    • Plans available for two separate 1,000+ sq. ft. units in the main building.
    • Five parking spaces available.
    • Enjoy the views of Paw Paw Lake.
    Updated: Nov 4, 2025
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    Based on your search, we've compiled 31 Potential Opportunities for your consideration. Besides 2 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.

    Historic Bank Building on Main
    $250,000
    7,666 SF
    Historic Bank Building on Main

    7,666 SF storefront in downtown Hartford, Michigan.

    2 E Main Street, Hartford, MI 49057

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    Commercial Building in Arts District
    $324,900
    1,945 SF
    Commercial Building in Arts District

    Commercial building in downtown Benton Harbor with investment potential.

    287 E Main Street, Benton Harbor, MI 49022

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    Commercial Building in Arts District
    $324,900
    Commercial Building in Arts District

    Commercial building in downtown Benton Harbor's Arts District for sale.

    287 E Main St, Benton Harbor, MI 49022

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    42-Acre Hartford Speedway Site
    Contact for pricing
    42.00 Acres
    42-Acre Hartford Speedway Site

    42-acre site suitable for cannabis, restaurant, and entertainment uses.

    301 Bowie St, Hartford, MI 49057

    View details

    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.

    Watervliet Commercial Land For Sale
    $499,900
    14.90 Acres
    Watervliet Commercial Land For Sale

    14.91 acres of commercial land with I-94 exposure.

    Main Street, Watervliet, MI 49098

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    Commercial Acreage Near I-94 Exit
    $500,000
    1.55 Acres
    Commercial Acreage Near I-94 Exit

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

    2508 Pipestone Road, Benton Harbor, MI 49022

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    Commercial Land in South Haven
    $229,000
    0.80 Acres
    Commercial Land in South Haven

    Commercial parcel in South Haven's business district with high visibility.

    09279 M-140 Highway, South Haven, MI 49090

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    South Haven Commercial Pad Site
    $275,000
    0.95 Acres
    South Haven Commercial Pad Site

    Vacant commercial land along South Haven's main corridor.

    71989 CR 388, South Haven, MI 49090

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    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
    3,450 SF Lot: 0.05 Acres
    Value Estimation by Request

    210 Paw Paw St, Coloma, MI 49038-9589

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    206 Paw Paw St
    RESTAURANT
    2,136 SF
    Value Estimation by Request

    206 Paw Paw St, Coloma, MI 49038-9589

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    4675 Paw Paw Lk Rd
    DRIVE-THRU RESTAURANT, FAST FOOD
    864 SF Lot: 0.23 Acres
    Value Estimation by Request

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

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    275 Paw Paw St
    RESTAURANT
    Value Estimation by Request

    275 Paw Paw St, Coloma, MI 49038-9589

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    147 Paw Paw St
    RESTAURANT
    1,866 SF
    Value Estimation by Request

    147 Paw Paw St, Coloma, MI 49038-9792

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    6275 Central Ave
    BAR, TAVERN
    6,462 SF Lot: 0.23 Acres
    Estimated value
    $540,000

    6275 Central Ave, Coloma, MI 49038-9284

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    361 Saint Joseph St
    RESTAURANT
    2,375 SF Lot: 0.45 Acres
    Value Estimation by Request

    361 Saint Joseph St, Coloma, MI 49038-9791

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    235 Paw Paw St
    BAR, TAVERN
    2,400 SF
    Value Estimation by Request

    235 Paw Paw St, Coloma, MI 49038-9589

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    185 Paw Paw St
    RESTAURANT
    1,222 SF Lot: 0.06 Acres
    Value Estimation by Request

    185 Paw Paw St, Coloma, MI 49038-9792

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    5036 Paw Paw Lk Rd
    DRIVE-THRU RESTAURANT, FAST FOOD
    1,833 SF Lot: 0.39 Acres

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

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    6218 M 63rd N
    RESTAURANT
    3,109 SF Lot: 0.40 Acres
    Value Estimation by Request

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

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    168 Paw Paw St
    RESTAURANT
    2,784 SF
    Value Estimation by Request

    168 Paw Paw St, Coloma, MI 49038-9792

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    5713 Beech Ave
    RESTAURANT
    4,696 SF Lot: 0.77 Acres
    Estimated value
    $1,080,000

    5713 Beech Ave, Coloma, MI 49038-9638

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    6410 M 63rd N
    BAR, TAVERN
    3,350 SF Lot: 0.23 Acres
    Value Estimation by Request

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

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    5613 Paw Paw Lk Rd
    BAR, TAVERN
    1,740 SF Lot: 0.23 Acres
    Value Estimation by Request

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

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    150 Ryno Rd
    DRIVE-THRU RESTAURANT, FAST FOOD
    6,562 SF Lot: 5.00 Acres
    Estimated value
    $1,510,000

    150 Ryno Rd, Coloma, MI 49038-9720

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    Paw Paw Lk Rd
    RESTAURANT
    2,661 SF Lot: 0.39 Acres
    Value Estimation by Request

    Paw Paw Lk Rd, Coloma, MI 49038

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    4896 Paw Paw Lk Rd
    RESTAURANT
    5,196 SF Lot: 0.98 Acres
    Value Estimation by Request

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

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    Paw Paw Ave
    DRIVE-THRU RESTAURANT, FAST FOOD
    349 SF Lot: 0.36 Acres
    Value Estimation by Request

    Paw Paw Ave, Coloma, MI 49038

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    3313 Chestnut Ave
    BAR, TAVERN
    6,390 SF Lot: 0.23 Acres
    Estimated value
    $535,000

    3313 Chestnut Ave, Coloma, MI 49038-9438

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    Angling Rd
    BAR, TAVERN
    6,760 SF Lot: 2.05 Acres
    Estimated value
    $995,000

    Angling Rd, Coloma, MI 49038

    View details

    Coloma, MI Restaurants Investment Opportunities Market Analysis

    Explore 23 restaurants for sale in Coloma, MI on our real estate platform. These investment opportunities span a total of 2,648 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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    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 median 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 sq ft
    Average Loan-to-Value 65.0%

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