4654 WATER Street

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.

Property details

Property type

SingleFamilyResidence

Bedrooms

1

Bathrooms

2

Square feet

9,000

Lot size

0.17 acres

Year built

1895

Basement

Full, Unfinished

Heating

ForcedAir, NaturalGas

Cooling

CentralAir

Style

Historic, Other

Subdivision

VILLAGE OF COLUMBIAVILLE WM PETER'S ADD

School district

Lakeville

Annual taxes

$2,436

Days on market

97

MLS #

20261005559

County

Lapeer