MLS # 20261005559 (Realcomp)

Positioned in the heart of downtown Columbiaville, this beautifully restored historic building seamlessly blends original character with modern efficiency. Showcasing exposed 18” brick walls, beadboard ceilings, and original heart pine flooring, the property has been fully upgraded with new plumbing, mechanical systems, and six 200-amp electrical panels.Offering 6,000 SF across five main-level suites, plus an additional 3,000 SF on the second floor and 3,000 SF in the unfinished basement, this versatile, multi-use property presents exceptional opportunity for business growth or investment. Commercial-grade doors and windows and ample downtown parking enhance accessibility and convenience. The vacant parcel directly behind the building, along with the adjacent lot (now hardware store facade), are also available for purchase, presenting an excellent opportunity to incorporate a drive-through, if desired.Ideally located between M-15 and M-24, just 10 miles north of I-69, the property benefits from strong visibility and steady foot traffic. Nearby, Holloway Reservoir Regional Park spans 5,500 acres with boating, fishing, hiking, and horseback riding, while the Southern Links Trailway—just one block away—offers a 10.2-mile scenic route connecting surrounding communities. A biweekly farmers market, annual events, and local campgrounds drive consistent visitor activity, further supporting commercial potential. 10 min from newly added Target, Hobby Lobby and 3 miles from Marriott's Post Card Cabins. Whether expanding your business or generating rental income, this property offers unmatched flexibility in a growing community. A rare opportunity to own a true historic asset.Please note: Units 2–5 and portions of the second floor have been virtually staged in select photos to illustrate potential uses. There is currently no finished bedroom or full bathroom on the second level; this has been noted per Realcomp requirements.
Source: SparkMLS
1-bedroom, 2-bath, 9,000 sq ft home in Columbiaville built in 1895.
Currently offered at $599,900 (about $67/sq ft).
Property tax estimate: $2,436 per year ($203/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Location
Construction & Systems
Sale & Financing
Source: SparkMLS
Source: SparkMLS
Legal Description
13 58 100 000 00 VILLAGE OF COLUMBIAVILLE WM PETER'S ADDITION NE 1/2 OF LOTS 5 AND 6 BLK 1.
USDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Katherine Nolff
The Brokerage Real Estate Enthusiasts
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Property
4654 WATER Street, Columbiaville, MI 48421
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