$249,000
Coloma, MI 49038
MLS# 25060878
1 / 37
Property Description
A stunning opportunity to own three separate office units! All three units are large, classy, well designed units to host a variety of businesses. Currently, the three units are occupied by long-standing, established, thriving tenants--State Farm Insurance, a therapist's practice, and hair salon. Each unit pays their own utilities. The two versatile office spaces have dedicated reception areas and nicely appointed private bathrooms. The long-established hair salon has new flooring, paint, and plumbing. Ample parking and high visibility on Red Arrow make this the complete investment package. All three tenants (~$900 per unit/month= ~$2700/month income) would stay. If you prefer to keep one office unit for your own business, office #2 would vacate if the new owner wanted. The hair salon and one other business have expressed an interest in expanding to office unit #2 as well. These office spaces are very desirable, versatile, and profitable!
Details
Maps
Location Property Info
County: Berrien
Street #: 6560
Street Name: Red Arrow
Suffix: Highway
State: MI
Zip Code: 49038
Zip (4): 8754
Area: Southwestern Michigan - S
OfficeContract Info
Status: Active
Current Price: $249,000
List Price: $249,000
Listing Date: 2025-12-05
General Property Info
New Construction: No
Lot Measurement: Acres
Lot Acres: 0.36
Lot Square Footage: 15682
Lot Dimensions: 71 x 123
Year Built: 1974
Road Frontage: 71
Mineral Rights: Unknown
Total # Units: 3
# Fin Bldg Lvls: 3304
# of Diff Unit Floor Plans: 1
Total # Bldgs: 1
Property Use Type: Business
Full Baths: 4
Waterfront: No
School District: Coloma
Tax Info
Tax ID #: 11-08-0028-0001-14-9
Taxable Value: 75360
SEV: 95900
For Tax Year: 2024
Seller's Annual Property Tax: 3595
Tax Year: 2024
Spec Assessment & Type: None Known
Non-Conforming Use: No
Income and Expenses
Total Actual Rent: 2700
Unit 1
Unit Description: Therapist Office
Occupied: Yes
Rent $/Month: 900
# Baths: 1
Unit 2
Unit Description: Hair Salon
Occupied: Yes
Rent $/Month: 900
# Baths: 1
Unit 3
Unit Description: State Farm
Occupied: Yes
# Baths: 2
Property Features
Property Use: Business; Investment
Uses: Professional Service; Professional/Office; Retail
Business Includes: Real Estate
Construction Type: Block
Exterior Material: Wood Siding
Roofing: Composition; Rubber
Below Grade: Basement; Full
Tenant Pays All: Electric; Gas; Sewer; Trash; Water
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Electricity Connected; Natural Gas Connected
Util Avail at St: Electricity Available; Natural Gas Available; Storm Sewer
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: Central Air
Driveway: Paved
Street Type: Paved
Purchase Terms Avail: Cash; Conventional
Sale Conditions: None
Unit 1: Tenant Pays Electric; Tenant Pays Gas; Tenant Pays Other; Tenant Pays Sewer; Tenant Pays Trash; Tenant Pays Water
Unit 2: Tenant Pays Electric; Tenant Pays Gas; Tenant Pays Other; Tenant Pays Sewer; Tenant Pays Trash; Tenant Pays Water
Unit 3: Tenant Pays Electric; Tenant Pays Gas; Tenant Pays Other; Tenant Pays Sewer; Tenant Pays Trash; Tenant Pays Water
Possession: Close Of Escrow; Seller Rent Back; Subject To Tenant Rights
Listing Office: Adrian Real Estate
Listing Agent: Chris Adrian
Last Updated: January - 19 - 2026
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