Share This Listing

Message

943 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Investment Highlights

  • Historic redevelopment opportunity featuring one of Coloma and Watervliet’s most recognized former dining destinations.
  • Flexible potential for mixed-use redevelopment, short-term rental income, or a live/work configuration.
  • Building shell is fully gutted and ready for transformation, with plans available for two separate 1,000+ sq. ft. units.

Executive Summary

Historic Redevelopment Opportunity Near Paw Paw Lake!This property features one of Coloma and Watervliets most well-known former restaurants, a local staple for over 20 years. Originally opened in 1943, rebuilt in 1988, and expanded in 1995, the building is now completely gutted and ready for new life ? with plans available for two separate 1,000+ sq. ft. units. Also included is a charming fully furnished 2-bedroom, 1-bath cottage with a spacious 2.5-car garage and extra storage. With five parking spaces and views of Paw Paw Lake, this unique property offers incredible potential for redevelopment, short-term rentals, or a live/work setup.Property across the street is Presidents Landing is also for sale. Imagine what you can achieve with both properties.

Property Facts

Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,000 SF
Building Class
C
Year Built
1950
Tenancy
Single
Building Height
1 Story
Building FAR
0.26
Lot Size
0.26 AC
Zoning
C-1 - Commercial
Parking
50 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
64’ on Paw Paw Lake Rd
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
11-08-0015-0014-00-1
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$135,130 CAD
  • Listing ID: 39877693

  • Date on Market: 2026-03-23

  • Last Updated:

  • Address: 5575 Paw Paw Lake Rd, Coloma, MI 49038

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}