5036 Paw Paw Lake Road Coloma, MI ^$ 350,000

5036 Paw Paw Lake Road

^$ 350,000

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5036 Paw Paw Lake Road

Coloma, MI, 49038

^$ 350,000

Studio Baths0.0 Sq 2,000

Monthly Estimate*

^$ 2,326

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Studio

Commercial Property for sale in Coloma, MI

for $350,000. This 2,000 square foot building was built in 1955 on a lot size of 0.38.

Since 1998, Eddie's Diner has been a cherished staple in the quaint town of Coloma, offering delicious meals served with a side of nostalgia. Located conveniently on Paw Paw Lake Road, the diner has been owned and operated by the same friendly folks, ensuring a warm welcome to each customer. Major renovations are a 20' x 40' add-on, new roof and updated electrical. Whether you're an experienced restaurateur looking to expand your portfolio or an aspiring entrepreneur eager to make your mark in the hospitality industry, this small town diner offers the perfect blend of history, charm, and potential for success. Seize this opportunity to own a well-ran business deeply rooted in the fabric of the community. Inquire now to learn more about this exceptional opportunity!

Commercial Active

Price

^$ 350,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 3,141

Style

Business

Lot Size

0.38

Year Built

1955

Town/City

Coloma

County/Region

Berrien

MLS | Web ID

70394098

Features

General

Heating Forced Air

Water Public Water Public Water at Street

Status Active Active

Year Built 1955

Parking 21+ Spaces

County Berrien

Class COM/IND/BUS OPP

Type Business

Municipality Coloma Twp

Subdivision MI

Commercial Features Cable TV Available Electric Available Furniture Gas Available Telephone

Area Coloma Twp (11008)

Primary City Coloma

Directions From downtown Coloma drive 1.5 miles north on Paw Paw Street. Eddie's is on the west side of the road.

City Coloma

Street Name Paw Paw Lake

Financial Terms Cash Conventional

Legal Description LOTS 9 10 11 & THE NE'LY HAF OF LOT 12 WHOSE SW'LY LINE IS PARALLEL TO THE NE'LY LINE OF SAID LOT 12 LAKE PARK SUBDIVI

DOM 79

Postal Code 49038

Price Per Sq Ft Total 175

Coming Soon Since 1998 Eddie's Diner has been a cherished staple in the quaint town of Coloma offering delicious meals served with a side of nostalgia. Located conveniently on Paw Paw Lake Road

Exterior

Exterior Block Frame Wood

Frontage 259

Lot Size Area 0.38

Lot Dimensions 122 x 136

Roads City/County Paved Street

Waterfront Y/N No

Interior

Fuel Type Natural Gas

* Excluded Features

List By

Matt Sieber

Listing Agent

Realty Executives Instant Equity

Broker

mattsieber.realestate@gmail.com

Affordability Calculator

$2,588

Per Month

Monthly Principal & Interest: $2,326
Monthly Property Taxes: $262
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Coloma, MI

Average List Price ^$413,380

Percent of Sale Price 18%

About Coloma, MI

1,332 Population

-5% Since 2002

^$45,855 Median Income

41.31 Median Age

28% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/11/2024	$350,000		Listed Price

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5036 Paw Paw Lake Road, Coloma, MI, 49038 is a Commercial Property for sale at $350,000 with 2,000 sqft and a lot size of 0.38. 5036 Paw Paw Lake Road is a studio with 0.0 baths and was built in 1955. The property's zip code is 49038 which is in Coloma, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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5036 Paw Paw Lake Road

Commercial Property for sale in Coloma, MI

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