MLS # 25049669 (Michigan Regional Information Center (MichRIC))

Situated just east of downtown Coloma, this property presents a rare opportunity. Formerly a bank, it has successfully operated as a car dealership for the past 5 years. The main office boasts 4 private offices, a breakout room, and modern amenities, making it conducive to various business ventures The drive-up window from its banking days remains, offering convenience and versatility. The main office spans 3,114 square feet and features a single story layout, providing ease of access and efficient use of space. A hydraulic lift is available for vehicle maintenance needs. The furnace, only 8 years old, ensures comfort during colder months, while the AC keeps the environment pleasant. The property sits on approximately 2.4 acres of land, providing ample space for expansion or additional development. Municipal sewer and a private well serve the property, ensuring reliable utility services.
Source: SparkMLS
2-bath home in Coloma Township in Coloma built in 1975.
Asking $585,000.
Annual property taxes run approximately $5,449 ($454/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Fiber internet is available at this address with download speeds up to 8,000 Mbps across 8 providers. Electric service is provided by Indiana Michigan Power Company; natural gas by Michigan Gas Utilities Corporation.
Location
Construction & Systems
Sale & Financing
Source: SparkMLS
Source: SparkMLS
Legal Description
THE N 400'OF THE W 200'OF THE N1/2 OF THE W1/2 OF THE E1/2 OF THE NW1/4 SEC 28 T3S R17W EXC HWY R/W
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Javier Rodriguez
Lake Michigan Realty Mgmt
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Download
8 Gbps
Upload
8 Gbps
FCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Indiana Michigan Power Company
Investor-Owned
Michigan Gas Utilities Corporation
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
6720 Red Arrow Highway, Coloma, MI 49038
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Municipality
Coloma Township
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