7976 Central Avenue, Coloma, MI 49038 (MLS# 26050581)

7976 Central Avenue, Coloma, MI 49038

$899,000

Property Type: Multi Family Lot Size (sq. ft.): 57,064 Status: Active

Current Price: $899,000 List Date: 9/23/2026 Last Modified: 11/05/2026

Overview

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

Supplements: 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 fo ... (Read more)

Listing Details MLS# 26050581

Location Property Info

County: Berrien
Street #: 7976
Street Name: Central
Suffix: Avenue
State: MI
Zip Code: 49038
Zip (4): 9631

General Property Info

Lot Measurement: Acres
Lot Square Footage: 57064
Lot Acres: 1.31
Lot Dimensions: Irregular
Year Built: 1920
New Construction: No
Financial Available: Yes
Financial Comments: rents and expenses
Cert of Compliance: Yes
Road Frontage: 470
Total # Units: 5
# of Diff Unit Floor Plans: 5
Total # Bldgs: 4
Total Approx. SqFt All Bldgs: 6838
Total Parking Spaces: 10
Waterfront: No
Body of Water: Paw Paw Lake
Statewide Lakes & Rivers: Paw Paw Lake
School District: Coloma
Association YN: No

Tax Info

Tax ID #: 110846000167060
Taxable Value: 177248
SEV: 203600
For Tax Year: 2025
Seller's Annual Property Tax: 8247
Tax Year: 2025
Spec Assessment & Ty: NKATOL

Remarks Misc

Directions: Turn at the Bend Bar. Lakewood St to Lakewood Dr to Central Ave.

Waterfront Options

Water Access Y/N: Yes
Water Frontage: 40

More Information

Access Feat

Accessibility Features: No

Unit 1

Unit #: Yes
Unit Description: Main - Front
SqFt: 828
Occupied: No
Monthly Rent: 1900
Bathrooms: Yes
Full Baths: Yes

Unit 2

Unit #: 2
Unit Description: Main Home
SqFt: 2992
Occupied: No
Bathrooms: 4
Full Baths: 3
Half Baths: Yes

Unit 3

Unit #: 3
Unit Description: 5452 Blum
SqFt: 1220
Occupied: Yes
Monthly Rent: 1400
Bathrooms: Yes
Full Baths: Yes

Unit 4

Unit #: 3
Unit Description: 5452 Blum
SqFt: 700
Occupied: Yes
Monthly Rent: 500
Bathrooms: Yes
Full Baths: Yes

Unit 5

Unit #: 3
Unit Description: 5452 Blum
SqFt: 1098
Occupied: No
Bathrooms: Yes
Full Baths: Yes

Property Features

Laundry Features: Main Level Water Type: Lake Exterior Material: Aluminum Siding; Vinyl Siding; Other Roofing: Composition Substructure: Michigan Basement Lot Description: Corner Lot Sewer: Public Sewer Water: Well Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected Util Avail at Street: Cable Available; Electricity Available; Natural Gas Available; Public Sewer Owner Pays: Gas; Sewer; Trash Collection; Water Tenant Pays: Electric Heat Source: Natural Gas Heat Type: Baseboard; Hot Water; Radiant Air Conditioning: Window Unit(s) Driveway: Other Street Type: Public Mineral Rights: Unknown Terms Available: Cash; Conventional Possession: Close Of Escrow Sale Conditions: None Unit 1: A/C Unit; Deck/Patio; Dishwasher; Range Oven; Refrigerator Unit 2: Dishwasher; Range/Oven; Refrigerator; W/D Hookup Unit 3: Range/Oven; A/C Unit; Refrigerator Unit 4: Range/Oven; Refrigerator Unit 5: Range/Oven; Refrigerator

Listing Office: Coldwell Banker Anchor R.E.

Listing Agent: Wendy Morauske

Last Updated: November - 05 - 2026

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