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$300,000 -$15,000 (-4.76%) Price Reduced

  • For Sale
  • Active
  • Business
  • 2,000 Sq. Ft.
  • 35 Parking Spaces
  • Updated 1 day ago
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An exciting investment opportunity is now available in the heart of Coloma - a community known as a gateway to Paw Paw Lake, one of Southwest Michigan's most popular tourist destinations. Offered for the building only, this property is ideal for seasoned restaurant operators or investors ready to bring their vision to life. Located directly across from Paw Paw Lake, it provides outstanding visibility and accessibility. With steady tourism and recreational traffic drawn to the lake year-round, the right concept here has the potential to thrive. This turn-key property includes a spacious 20' x 40' addition for expanded dining or flexible use, plus recent upgrades such as a new roof and updated electrical. Whether you're looking to expand your portfolio or launch your own restaurant concept, this building provides the foundation for long-term success in a prime Southwest Michigan location.

Full Property Details for 5036 Paw Paw Lake Rd

General

  • Price: $300,000
  • Taxes: $3,823
  • Status: Active
  • Type: Business
  • Source: SWMRIC_MLS
  • MLS ID: 25054896
  • Updated: 3/26/2026
  • Added to Site: 155 day(s) ago

Business

  • Business Type: Restaurant, Bar/Tavern/Lounge

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Parking

  • Total Spaces: 35

Location

  • Area: Southwestern Michigan - S
  • County: Berrien
  • Cross Streets: Woods Ave

Heating & Cooling

  • Heating Type: Forced Air

Utilities

  • Utility Description: Natural Gas Available, Electricity Available, Phone Connected, Natural Gas Connected, Electricity Connected

Structural Information

  • # Buildings: 1
  • Construction: Block, Vinyl Siding
  • Roof: Stone
  • Stories/Levels: 1
  • Square Feet: 2,000
  • Year Built: 1955

Lot Features

  • Lot Size (Acres): 0.38
  • Lot Size (Sq. Ft.): 16,601
  • Lot Dimensions: 140 x 120

Financial Considerations

  • Tax Amount: $3,823
  • Terms: Conventional, Cash

Disclosures and Reports

  • Ownership: Proprietorship
  • Legal Description: Per title
  • Property ID: 11-08-4520-0009-00-8
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.

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— 5036 Paw Paw Lake Rd —

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 5036 Paw Paw Lake Rd

School District:Coloma Community Schools
NameGradesDistance
Coloma Elementary School
262 West Street, Coloma, MI 49038
PK-31.3 mi
Coloma Middle School
274 South West Street, Coloma, MI 49038
4-51.6 mi
Coloma Junior High School
302 West Street Joseph Street, Coloma, MI 49038
6-82.1 mi
Coloma High School
300 West Street Joseph Street, Coloma, MI 49038
9-122 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5036 Paw Paw Lake Rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/26/2026
Price Reduced
$300,000
-4.76%
MLS
10/24/2025
Listed
$315,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 5036 Paw Paw Lake Rd

Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,823
8%
$119,900
13%
2023
$3,531
12%
$106,300
50%
2022
$3,141
-7%
$71,000
6%
2021
$3,393
-1%
$67,000
-7%
2020
$3,431
—
$72,300
5%
2019
$3,419
2%
$68,700
2%
2018
$3,343
9%
$67,300
—
2017
$3,055
31%
$67,300
-8%
2016
$2,335
—
$73,100
41%
2015
$2,327
—
$51,800
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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5036 Paw Paw Lake Road, Coloma, MI 49038 (MLS# 25054896) is a Business property. 5036 Paw Paw Lake Road is currently listed for $300,000 and was received on October 24, 2025. This property is listed by Whitney Lents from our Harbor Country Office.Want to learn more about 5036 Paw Paw Lake Road? Do you have questions about finding other Business real estate for sale in Coloma? You can browse all Coloma real estate or contact a Coldwell Banker agent to request more information.

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