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
Baths2.0

Monthly Estimate*

$ 2,445

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Studio

Commercial Property for sale in Coloma, MI

for $350,000 with 2 full baths. This 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!

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Commercial Active

Price

$ 350,000

Bedrooms

Studio

Full Bath

2

Property Type

Commercial

Taxes

$ 3,141

Style

Business

Lot Size

0.38

Year Built

1955

Town/City

Coloma

County/Region

Berrien

MLS | Web ID

24011629

Features
General
Sewer Public Sewer
Cooling Central Air
Utilities Phone Available Public Water Available Public Sewer Available Natural Gas Available Electric Available Cable Available Broadband Available Phone Connected Natural Gas Connected Electric Connected
Year Built 1955
Property SubType Business
Tax Year 2023
Business Type Restaurant
County Berrien
New Construction N
Property Type Commercial Sale
Attached Garage N
Status Active
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
High School District Coloma
Total Units 1
MLS Area Southwestern Michigan - S
Lot Size Square Feet 16599.0
Waterfront Y/N N
Street Name Paw Paw Lake
Land Lease Y/N N
Tax Annual Amount 3141.0
Lease Renewal Y/N N
MLS Area Minor Southwestern Michigan - S
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 42
Standard Status Active
Tax Assessed Value 70350
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
Senior Community None
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Exterior
Parking Features Asphalt Driveway
Water Source Public
Total Parking 24.0
Inclusions {u'Equipment': True u'Real Estate': True u'Inventory': True u'Furniture': True}
Lot Size Area 0.38
Foundation Details Slab
Number of Buildings 1
Spa N
Building Area Total 2000.0
Lot Dimensions 122 x 136
Lot Size Acres 0.38
Road Surface Type Paved
Lot Size Units Acres
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Fireplaces 1
Total Stories 1
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Full Baths 2
Street Suffix Road
Electric On Property Y/N N
Total Baths 2
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Internal Only
Street Number 1 5036
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* Excluded Features
List By
Realty Executives Instant Equity

Broker

mattsieber.realestate@gmail.com

Email

Affordability Calculator

$2,707
Per Month
90%
10%
0%
Monthly Principal & Interest
$2,445
Monthly Property Taxes
$262
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% 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
250169 Elementary School
250362 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/11/2024$350,000 Listed Price

Map


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5036 Paw Paw Lake Road, Coloma, MI, 49038 is a Commercial Property for sale at $350,000 with a lot size of 0.38. 5036 Paw Paw Lake Road is a studio with 2.0 baths and was built in 1955. The property's zip code is 49038 which is in Coloma, MI