Restaurant Building with
For Sale
$52,000
2250 E Greenwood, Prescott, MI 48739
COMMERCIAL - Prescott, MI
Property Size2,752 SF
Lot Size0.34 Acres
Price / SF$18.90
Days on Market778
Property Features for 2250 E Greenwood
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial
Parking features
Parking Lot
Exterior features
Wood
Lot features
Corner Lot
Directions
take M-33 South to Greenwood Road, go East to property on right across from Skidway Lake
Subdivision
Ogemaw
Standard status
Active
Size
2,752 SF
Lot size
0.34 Acres
Taxes and HOA fees
Tax Description
SEC 26 T21N R3E COM AT NW COR LOT 1 WALTERS OAK PARK TH N 50 DEG 26' 04" W 50 FT TO POB TH N 50 DEG 26' 04" W AND WESTERLY 274 FT ALONG S'LY LINE OF GREENWOOD ROAD TH S 200 FT TH S 50 DEG 26' 04" E 130 FT TH N 39 DEG 33' 56" E 150 FT TO POB
Legal Description
SEC 26 T21N R3E COM AT NW COR LOT 1 WALTERS OAK PARK TH N 50 DEG 26' 04" W 50 FT TO POB TH N 50 DEG 26' 04" W AND WESTERLY 274 FT ALONG S'LY LINE OF GREENWOOD ROAD TH S 200 FT TH S 50 DEG 26' 04" E 130 FT TH N 39 DEG 33' 56" E 150 FT TO POB
Building Details
Building materials
Frame
Roof type
Asphalt
Listing Agency:
AMBASSADOR REAL ESTATE
(248) 552-7590
Listed By:
KYLE ALLEN · License #6501396331
(989) 701-6171
Added: Jul 5, 2024
Changed: Aug 4
Last Checked: Aug 21 at 6:06AM
MLS# 1924410
Copyright © 2026 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 2,752-square-foot commercial building is set up for food and beverage use, having previously operated as a bar and restaurant. The property includes ample parking to support patrons, deliveries, and day-to-day operations. With its prior operating history, the site may appeal to buyers seeking a turnaround, re-use, or redevelopment of a restaurant-ready facility.
The building is located at 2250 E Greenwood in Prescott, Michigan, in Ogemaw County. The property sits across from Skidway Lake, offering an open setting directly adjacent to the waterfront area. The listing also notes lots of parking on site, which can help reduce friction for weekend dining and customer traffic.
For tenants or owner-operators looking for a hospitality use, this asset offers a straightforward path back into restaurant-style operations given its former bar and restaurant configuration. Buyers evaluating redevelopment can also consider the established use profile and the convenience of on-site parking. Overall, it presents a compact, manageable building with a parking-forward layout and a lake-adjacent presence in Prescott.
The building is located at 2250 E Greenwood in Prescott, Michigan, in Ogemaw County. The property sits across from Skidway Lake, offering an open setting directly adjacent to the waterfront area. The listing also notes lots of parking on site, which can help reduce friction for weekend dining and customer traffic.
For tenants or owner-operators looking for a hospitality use, this asset offers a straightforward path back into restaurant-style operations given its former bar and restaurant configuration. Buyers evaluating redevelopment can also consider the established use profile and the convenience of on-site parking. Overall, it presents a compact, manageable building with a parking-forward layout and a lake-adjacent presence in Prescott.
Key Highlights
- 2752 SF building with lots of parking
- Former bar and restaurant space
- Asphalt roof
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
44
Businesses Nearby
10k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 81%
Home Improvements & Furnishings 19%
Marathon
Shops & Services
4,854 visits/mo
0.3 miles
Family Dollar
Shops & Services
2,929 visits/mo
0.4 miles
True Value Bargain Depot
Home Improvements & Furnishings
1,846 visits/mo
0.3 miles
Demographics for 48739, MI
3,636
Population
4,015
Households
0.9
Avg Household Size
57
Median Age
19%
College-Educated
84%
High-School Grad
95.8 sq mi
ZIP Area
38
Density / Sq Mi
$47,768
Median Household Income
$37,500
Median Earnings
$798
Median Rent
$170,600
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Bar & Pub - 2752 sq ft former bar and restaurant with extensive parking, situated across from Skidway Lake.
Where is this bar & pub located?
The property is located at 2250 E Greenwood Prescott, MI.
What is the asking price?
The asking price for this property is $52,000.
What are key features of this property?
This property features: 2752 SF building with lots of parking; Former bar and restaurant space; Asphalt roof
