3,460 sqft

$999,000

5358 Paw Paw Lake Road, Coloma MI, 49038-8691

Price per sqft$288.73

Built in1935

Property size3,460 sqft

Property typeCommercial

Overview

Active

Listed Jul 17, 2026

Updated 5 days ago

Exceptional investment opportunity featuring seven beautifully constructed cabins situated on approximately one acre across two parcels, including 5354 and 5358 Paw Paw Lake Road, just across the street from Paw Paw Lake. The property consists of three 2-bedroom, 1-bath cabins, three 1-bedroom, 1-bath cabins currently operating as rentals, and a seventh cabin that is being converted into an office and on-site laundry facility to streamline operations and provide added convenience for ownership. The property is a proven income producer, operating as short-term rentals during the summer season and transitioning to longer-term rentals throughout the off-season, generating approximately $150,000 in annual gross rental income. This is a stabilized asset with an established rental history and excellent performance.

Additional information

MLS^® ID: 70546558

Interior Features

Heating: Yes
Basement: No

Exterior Features

Lot Size: 1 Acre

Other Property Details

Taxes: $8,023
Tax Frequency: Annually
View: Yes
Furnished: Yes

Also listed on REALCOMP and MichRic

Listed by Lane Moser with Ellsbury Group
Listing Contact: 260-615-9248

Based on information originating from the MiRealSource as of 10/12/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 10/12/2026 at 10:56 PM UTC