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    Property profile & analytics
    FOR SALE
    Commercial real estate

    2250 Greenwood Rd, Prescott, MI 48756-9627

    2,752 SF 0.34 ac lot
    Individually Owned Absentee Owner Free & Clear
    Property ID
    US43-4108556
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Total area 2,752 SF
    Lot 0.34 ac (14,810 SF)
    APN 010-026-103-00
    UPID US43-4108556
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    DANIEL C MASON SR.
    DANIEL C MASON SR.
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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