Courtesy of Coldwell Banker Anchor R.E., Wendy Morauske

7976 Central Avenue, Coloma, Michigan, 49038

$899,000
1.31 Acres
15 bd
#26050581
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.

PROPERTY FEATURES

  • Utilities : Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Cable Connected, Sewer Available
  • Water Source : Private, Well
  • Sewer : Public Sewer
  • Parking Total: 10
  • View : Water
  • Waterfront Features : Lake, Waterfront Access
  • Cooling on Property:
  • Cooling: Window Unit(s)
  • Heating on Property:
  • Heating : Natural Gas, Baseboard, Hot Water, Radiant
  • Construction Materials: Aluminum Siding, Vinyl Siding, Other
  • Roof: Composition, Other
  • Basement on Property:
  • Laundry Features : Main Level
PROPERTY DETAILS
ID: 26050581
Status: Active
Price: $899,000
Acres: 1.31 Acres
Price Per Acre: $686,260
Type: Multi-family
Address: 7976 Central Avenue
City, State: Coloma, Michigan
County: Berrien
Zip Code: 49038
Lat/Long: 42.210681, -86.264283
Presented By: Wendy Morauske
Phone:
Email: Click to Contact