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114 W Colon Rd, Coldwater, MI, 49036

--beds
--baths
14,080sqft
$184,900
$13price/sqft
$2,723/moest. monthly cost
$108,920/yrincome needed

About This Home

Endless possibilities await with this unique property offering potential for residential living, business use, or both! The updated front section features knotty pine finishes, improved insulation, and a newer roof, creating a warm and functional space measuring approximately 41' x 36' with an 8' overhead door. The property also includes three expansive garage/shop areas, making it ideal for a variety of commercial, storage, or hobby uses. The first garage measures approximately 40' x 62' and features a 14.5'-15' overhead door. The second section offers approximately 48' x 78' of space with four 14.5'-15' overhead doors. The third section measures approximately 40' x 78' and includes four overhead doors, two approximately 12' and two approximately 14.25'-15'. Additional amenities include the start of a kitchenette area (16' x 11') and an 8' x 8' bathroom. Whether you're looking for a business location, workshop, storage facility, or a property with live-work potential, this versatile property presents a rare opportunity with endless potential. Outside, you'll find a very large, fully fenced yard enclosed with 6-foot fencing and convenient drive-through gates, providing secure access and ample room for equipment, vehicles, outdoor storage, recreational use, or future expansion. This company makes no warranty or representations about the contents of this data. It is the responsibility of the parties looking at the property to satisfy themselves as to the accuracy of this information. Buyer and buyer's agent to verify all measurements and information provided. Taxes were obtained from the local assessor, and they could change for the buyer after the transaction closed.

Getting Around

10
WalkingCar-Dependent
0
TransitVery Limited Transit
26
BikeSomewhat Bikeable

Schools

6/10
7/10
Legg Middle SchoolGrades 6-82.1 mi
6/10
Coldwater High SchoolGrades 9-122.3 mi

Construction

Condition

  • Year built: 1965

Materials

  • Roof: Other,Rubber
  • Construction materials: Other

Type & Style

  • Home type: SingleFamily
  • Architectural style: Other
  • Property subType: Single Family Residence

Interior

Appliances

  • Laundry features: Other

Basement

  • Basement: Slab

Heating

  • Heating features: Forced Air

Interior Area

  • Total structure area: 0
  • Total interior livable area: 14,080 sqft

Property

Details

  • Parcel number: 06001340000501

Features

  • Stories: 1
  • Fencing: Chain Link

Lot

  • Lot size: 2.51 Acres
  • Features: Level
  • Lot size dimensions: 205 x 234 x 200 x 148 x 429 x 383

Parking

  • Total spaces: 3
  • Parking features: Attached
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

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
    Cold WaveModerate
  • Hail
    HailModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Hail
Lightning
Strong Wind
Tornado

FEMA Declared Disasters in Branch County and Michigan

Severe Ice Storm
Winter Storm

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

MonthlyAnnual
Mortgage $934$11,208
Home Insurance *$99$1,188
Property Taxes $155$1,860
Electricity $1,535$18,429
Total$2,723$32,676
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$93,360/yr
40% on housing$81,690/yr
45% on housing$72,613/yr

Michigan FAIR Plan Programs

Michigan Basic Property Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 15,981Commercial: 293
Total Premiums$13.85M
Total Exposure$2.60B

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.

Insurance Growth Rate5-year average: 5.0%
5.0%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.5%
0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$13This listing

vs Other Active Listings

Avg $/sqft

ZIP 49036$179
Branch County$165

vs Homes Sold Last Month

Median $/sqft

ZIP 49036$158
Branch County$142

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

DateEventPrice
2026-08-01Listed for sale$184,900
2026-06-27Contingent$184,900
2026-06-23Listed for sale$184,900
2023-07-05Sold$180,000

For Sale by Agent

AgentCarri Foley
BrokerageMidwestern Realty Group

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