2250 Greenwood Rd, Prescott, MI 48756-9627
For Sale
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This exceptional 2,752 square foot industrial property, located at 2250 E Greenwood in Prescott, Michigan, presents a unique investment opportunity. Priced at $75,000, the building boasts ample parking, a significant advantage for businesses requiring convenient vehicle access. Its strategic location directly across from Skidway Lake offers appealing aesthetics and potential for branding opportunities. The building's history as a bar and restaurant suggests a versatile layout adaptable to a variety of commercial uses. The substantial square footage provides ample space for operations, storage, or a combination thereof. The 0.34-acre lot provides additional space for expansion or outdoor activities. The property's existing infrastructure offers a cost-effective entry point for businesses seeking a ready-to-occupy space, eliminating the need for extensive renovations or construction. This property is ideal for entrepreneurs seeking a well-located, spacious building with significant parking at an attractive price point. The combination of size, location, and price makes this an exceptional opportunity in the Prescott, Michigan market. Serious inquiries are encouraged to explore the potential of this versatile industrial space.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.