$929,000
1.31 Acre Lot

7976 Central Avenue, Coloma, Michigan 49038

  • Multi Family Property Type
  • 1920 Year Built
Property Description

OPEN HOUSE Sun., Oct. 4 from 2 to 4 pm. Primary residence, long-term rental, STR . . . this remarkable 1.3 acre property has it ALL! With deeded access and just steps away from Paw Paw Lake, this spacious corner property originally operated as a hotel. It offers a rare combination of investment potential and personal enjoyment making it an ideal opportunity for those looking to offset ownership costs while building long-term value. The main building includes a beautifully renovated fully-furnished 2-bedroom, 1-bath STR as well as an exceptionally remodeled 8-bedroom, 3.5-bath residence featuring stunning finishes throughout. From the moment you enter, it is clear that every detail has been thoughtfully designed and impeccably completed. In addition to all the amazing renovations, there is a new roof and new gutters in 2025 and a new well pump and new electrical box in 2024. The property also includes three additional residences. One is a gorgeously remodeled and fully furnished 2-bedroom, 1-bath home, while the other is a 1-bedroom, 1-bath unit. Both are currently occupied by month-to-month tenants. Opportunities like this are truly few and far between! A final building is also located on the property but had foundation issues in 2024 (foundation reinforced in 2025) and may not be toured any further than the kitchen for safety reasons.

Basic Details
Multi Family
For Sale
26050581
$929,000
1920
1.31 Acre
Active
5+ Units
: Composition, Other
Features
: Radiant, Hot Water, Baseboard
: Window Unit(s)
: Michigan Basement
: Main Level
: Public Sewer
: Natural Gas Available, Natural Gas Connected, Cable Connected, Cable Available, Electricity Available, Electricity Connected
: Lake
Address Map
MI
Berrien
Coloma
49038
Central
7976
Avenue
W87° 44' 4.4''
N42° 12' 38.1''
Turn at the Bend Bar. Lakewood St to Lakewood Dr to Central Ave.
Neighborhood
Coloma
Additional information
Coldwell Banker Anchor R.E.
Wendy Morauske
Additional Information
: Vinyl Siding, Other, Aluminum Siding
: Corner Lot
Irregular
5
2026-09-23
Paw Paw Lake
: Well
Financial
8247.0
Listing Information
s11025
scold01
Cash, Conventional
Active
2026-10-06T22:29:11Z
MICHRIC
2026-09-23T13:29:27Z
Agent info
6231 W River Dr NE STE K, Belmont, MI 49306
Contact Agent