For Sale
5575 Paw Paw Lake Road, Coloma, MI 49038
$647,000
MLS # 25056862 (Michigan Regional Information Center (MichRIC))
1 bath648 sqftBuilt 19200.26 acres
1 / 16
Listing Description
Historic Redevelopment Opportunity Near Paw Paw Lake! This property features one of Coloma and Watervliet's 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.
Source: SparkMLS
About this home
1-bath, 648 sq ft home in Coloma Township in Coloma built in 1920.
Asking $647,000 (about $998/sq ft).
Annual property taxes run approximately $3,744 ($312/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by Indiana Michigan Power Company; natural gas by Michigan Gas Utilities Corporation. Fiber internet is available at this address with download speeds up to 8,000 Mbps across 7 providers.
Listing Property Details
Property TypeCommercial Sale
Property SubtypeOffice
Bathrooms1
Living Area648 sqft
Lot Size0.26 acres
Year Built1920
Stories2733
Location
CityColoma
MunicipalityColoma Twp
Zip Code49038
CountyBerrien
School DistrictColoma
Construction & Systems
ConstructionVinyl Siding
HeatingForced Air
WaterWell
UtilitiesPhone Available, Natural Gas Available, Electricity Available, Cable Available, Phone Connected
InteriorBroadband
Sale & Financing
Listed11/5/2025
Terms AcceptedConventional, Other, Cash
Source: SparkMLS
Tax Information
Annual Tax$3,744
Tax Year2024
Assessed Value$78,543
Parcel #11-08-0015-0014-00-1
Source: SparkMLS
Legal Description
See tax sheet and documents.
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Gina Johnston-Small
WRE Sales LLC
Frequently Asked Questions about 5575 Paw Paw Lake Road, Coloma, MI 49038
Which school district serves 5575 Paw Paw Lake Road, Coloma, MI 49038?
Per MLS# 25056862, 5575 Paw Paw Lake Road, Coloma, MI 49038 is in the Coloma boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Coloma directly to confirm enrollment eligibility.
What financing options are available for 5575 Paw Paw Lake Road, Coloma, MI 49038?
Per MLS# 25056862, this listing accepts Conventional, Other, Cash financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 5575 Paw Paw Lake Road, Coloma, MI 49038?
Per public tax records, annual property taxes for this property are $3,744 (2024). Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 5575 Paw Paw Lake Road, Coloma, MI 49038 is in an eligible area. USDA RD loans offer 0% down payment for qualified buyers. Verify current eligibility at the USDA eligibility site, as boundaries are updated periodically.
Is 5575 Paw Paw Lake Road, Coloma, MI 49038 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What internet service is available at this address?
Per FCC Broadband Data Collection filings, fiber internet is available at 5575 Paw Paw Lake Road, Coloma, MI 49038. The maximum advertised download speed is 8.0 Gbps. 7 internet providers serve this address. Confirm availability and speeds directly with providers.
What utilities serve 5575 Paw Paw Lake Road, Coloma, MI 49038?
Per Michigan Public Service Commission service territory data: Electric: Indiana Michigan Power Company. Gas: Michigan Gas Utilities Corporation. Water: Well. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the Coloma Twp police department or the Berrien County sheriff's office.
Map
Mortgage Calculator
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Monthly payment$4,196
Principal & interest$4,196
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
FiberDownload
8 Gbps
Upload
8 Gbps
FiberCableGSO SatelliteSatelliteDSLLicensed Fixed Wireless
7 providers at this address
Surf InternetFiber
8 GbpsXfinityCable
1.2 GbpsStarlinkGSO Satellite
280 MbpsViasat IncSatellite
100 MbpsHughesNetSatellite
50 MbpsAT&TDSL
10 MbpsT-MobileLicensed Fixed Wireless
0 MbpsFCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Utilities
Indiana Michigan Power Company
Investor-Owned
Michigan Gas Utilities Corporation
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
5575 Paw Paw Lake Road, Coloma, MI 49038
View full property history →
Municipality
Coloma Township
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