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Realty Executives Showcase Commercial

showcasecommercial@realtyexecutives.com +1(586) 726-4600

$ 1,125,000

Est. payment -/mo

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5358 Paw Paw Lake RD Coloma Twp, MI 49038

6 Baths

3,460 SqFt

UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 3,460 sqft

Price per Sqft $325

MLS Listing ID 69026036891

Year Built 1935

Lot Size 1.000 Acres

Acres 1.0

Property Description

Exceptional investment opportunity featuring seven beautifully constructed cabins situated on approximately one acre across two parcels, including 5354 and 5358 Paw Paw Lake Road, just across the street from Paw Paw Lake. The property consists of three 2-bedroom, 1-bath cabins, three 1-bedroom, 1-bath cabins currently operating as rentals, and a seventh cabin that is being converted into an office and on-site laundry facility to streamline operations and provide added convenience for ownership. The property is a proven income producer, operating as short-term rentals during the summer season and transitioning to longer-term rentals throughout the off-season, generating approximately $150,000 in annual gross rental income. This is a stabilized asset with an established rental history and excellent performance. The quality of construction is immediately apparent throughout the property. The craftsmanship is exceptional, with no corners cut during construction or subsequent improvements. The current owners have continually invested in the property, updating heating and cooling systems, paving the driveway, and renovating the seventh cabin into a dedicated office and laundry center. Whether you're seeking a turnkey investment with strong, consistent cash flow or envision creating a private family compound just steps from Paw Paw Lake, this unique property offers outstanding versatility, quality, and long-term value in one of Southwest Michigan's most desirable lake communities.

Location

State MI

County Berrien

Area Area94021Colomatwp

Interior

Heating Electric, Natural Gas, Space Heater

Cooling Central Air

Fireplace No

Exterior

Parking Features Asphalt, SharedDriveway

Utilities Available ElectricityConnected, NaturalGasConnected

Waterfront Description AllSportsLake, Lake, PublicLake, WaterAccessRights

View Y/N Yes

View Water

Roof Type Metal

Building

Foundation None

Sewer Public Sewer

Water Well

New Construction No

Schools

School District Coloma

Others

Ownership LLC

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Listed by Lane Moser of Ellsbury Group

Nearby Locations

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Realty Executives Showcase Commercial

+1(586) 726-4600

showcasecommercial@realtyexecutives.com