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$315,000
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Property Description
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
Full Property Details for 5036 Paw Paw Lake Rd
General
- Price: $315,000
- Taxes: $3,823
- Status: Active
- Type: Business
- Source: SWMRIC_MLS
- MLS ID: 25054896
- Updated: 10/27/2025
- Added to Site: 86 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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Schools
Schools serving 5036 Paw Paw Lake Rd
School District:Coloma Community Schools
| Name | Grades | Distance |
|---|---|---|
Coloma Elementary School 262 West Street, Coloma, MI 49038 | PK-3 | 1.3 mi |
Coloma Middle School 274 South West Street, Coloma, MI 49038 | 4-5 | 1.6 mi |
Coloma Junior High School 302 West Street Joseph Street, Coloma, MI 49038 | 6-8 | 2.1 mi |
Coloma High School 300 West Street Joseph Street, Coloma, MI 49038 | 9-12 | 2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5036 Paw Paw Lake Rd
Date
Details
Price
Change
Source
10/24/2025
Listed
$315,000
—
MLS
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
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.
Estimate the Cost
Estimate the Cost for 5036 Paw Paw Lake Rd
5036 Paw Paw Lake Road, Coloma, MI 49038 (MLS# 25054896) is a Business property. 5036 Paw Paw Lake Road is currently listed for $315,000 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.


