




4654 Water St, Columbiaville, MI, 48421
About This Home
Positioned in the heart of downtown Columbiaville, this beautifully restored historic building seamlessly blends original character with modern efficiency. Showcasing exposed 18” brick walls, beadboard ceilings, and original heart pine flooring, the property has been fully upgraded with new plumbing, mechanical systems, and six 200-amp electrical panels. Offering 6,000 SF across five main-level suites, plus an additional 3,000 SF on the second floor and 3,000 SF in the unfinished basement, this versatile, multi-use property presents exceptional opportunity for business growth or investment. Commercial-grade doors and windows and ample downtown parking enhance accessibility and convenience. The vacant parcel directly behind the building, along with the adjacent lot (now hardware store facade), are also available for purchase, presenting an excellent opportunity to incorporate a drive-through, if desired. Ideally located between M-15 and M-24, just 10 miles north of I-69, the property benefits from strong visibility and steady foot traffic. Nearby, Holloway Reservoir Regional Park spans 5,500 acres with boating, fishing, hiking, and horseback riding, while the Southern Links Trailway—just one block away—offers a 10.2-mile scenic route connecting surrounding communities. A biweekly farmers market, annual events, and local campgrounds drive consistent visitor activity, further supporting commercial potential. 10 min from newly added Target, Hobby Lobby and 3 miles from Marriott's Post Card Cabins. Whether expanding your business or generating rental income, this property offers unmatched flexibility in a growing community. A rare opportunity to own a true historic asset. Please note: Units 2–5 and portions of the second floor have been virtually staged in select photos to illustrate potential uses. There is currently no finished bedroom or full bathroom on the second level; this has been noted per Realcomp requirements.
Getting Around
Schools
Construction
Condition
- Year built: 1895
Materials
- Foundation: Basement,Stone
- Construction materials: Block,Brick,Vinyl Siding
Notable Dates
- Major remodel year: 2016
Type & Style
- Home type: SingleFamily
- Architectural style: Historic,Other
- Property subType: Single Family Residence
Interior
Basement
- Has basement: Yes
- Basement: Full,Unfinished
Bedroom
- Level: Second
- Area: 288
- Dimensions: 16 X 18
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Features
- Finished area above ground: 9,000
Heating & Cooling
- Heating features: Forced Air,Natural Gas
- Cooling features: Central Air
Interior Area
- Total interior livable area: 9,000 sqft
Kitchen
- Level: Second
- Area: 288
- Dimensions: 16 X 18
Other
- Level: Entry
- Area: 42
- Dimensions: 7 X 6
Other
- Level: Entry
- Area: 42
- Dimensions: 7 X 6
Property
Details
- Parcel number: 04350100500
- Special condition: Short Sale No,Standard
- Exclusions: Exclusion(s) Do Not Exist
Features
- Levels: Two
- Stories: 2
- Entry location: GroundLevel
- Pool features: None
Lot
- Lot size: 7,405 sqft
- Lot size dimensions: 60.00 x 120.00
Parking
- Parking features: No Garage
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Strong Wind
- Tornado
How This Home’s Risks Compare
FEMA Declared Disasters in Lapeer County and Michigan
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,033 | $36,396 |
| Home Insurance * | $310 | $3,720 |
| Property Taxes | $404 | $4,848 |
| Electricity | $981 | $11,780 |
| Total | $4,728 | $56,736 |
Income You'd Need if You Spent...
Michigan FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-29 | Listed for sale | $599,900 |
| 2025-07-22 | Listing removed | $674,000 |
| 2025-06-11 | Price change | $674,000 |
| 2025-04-02 | Price change | $695,000 |
| 2025-02-05 | Listed for sale | $725,000 |
| 2024-07-29 | Listing removed | $750,000 |
| 2024-01-26 | Listed for sale | $750,000 |
For Sale by Agent
