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Cory Maguire

cory@greencrowngr.com +1(810) 869-5181

$1,125,000

Est. payment - /mo

6 Baths

3,460 SqFt

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Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 3,460 sqft

Price per Sqft $325

Municipality Coloma Twp

MLS Listing ID 26036891

Full Baths 6

Year Built 1935

Annual Tax Amount $8,023

Tax Year 2025

Lot Size 0.517 Acres

Acres 1.0

Lot Dimensions 120x180 and back lot 120x180

Property Sub-Type Business

Source Michigan Regional Information Center (MichRIC)

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. 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

Direction om I-94, take Exit 39 and head north through Coloma, continue on Paw Paw Lake Road for about 3 miles, and 5358 Paw Paw Lake Road will be on your left near Paw Paw Lake.

Body of Water Paw Paw Lake

Interior

Heating Space Heater

Cooling Central Air

Inclusions Inventory, Furniture

Exterior

Utilities Available Natural Gas Available, Electricity Available, Natural Gas Connected, Electricity Connected

Waterfront Description Lake

View Y/N No

Roof Type Metal

Street Surface Paved

Building

Building Description Other, Security System

Water Well

Structure Type Other

New Construction No

Schools

School District Coloma

Others

Tax ID 11-08-6200-0035-01-4

Ownership LLC

Acceptable Financing Conventional, Cash

Listing Terms Conventional, Cash

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Listed by Ellsbury Group

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Cory Maguire

+1(810) 869-5181

Broker/Owner | License ID: 0180

Broker/Owner License ID: 0180

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5358 Paw Paw Lake Road Coloma, MI 49038

Cory Maguire

Key Details

Location

Interior

Exterior

Building

Schools

Others

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