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Historic Redevelopment Opportunity Near Paw Paw Lake! This property features one of Coloma and Watervliet's most well-known former restaurants, a local staple for over 20 years. Originally opened in 1943, rebuilt in 1988, and expanded in 1995, the building is now completely gutted and ready for new life - with plans available for two separate 1,000+ sq. ft. units. Also included is a charming fully furnished 2-bedroom, 1-bath cottage with a spacious 2.5-car garage and extra storage. With five parking spaces and views of Paw Paw Lake, this unique property offers incredible potential for redevelopment, short-term rentals, or a live/work setup. Property across the street is Presidents Landing is also for sale. Imagine what you can achieve with both properties.