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    107 Sage Lake Rd Prescott, MI 48756

    Under Contract
    For Sale
    $250,000

    SINGLE_FAMILY - Prescott, MI

    Type:Retail
    Property size:
    3,312 SF
    Days on Market:
    46
    Last Refresh:
    Dec 6 at 3:06 pm

    Property Features for 107 Sage Lake Rd

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Standard status
    Active Under Contract
    Zoning
    Commerical
    APN
    041-426-002-00, 041-900-007-00
    Parking features
    Parking Lot
    Size
    3,312 SF

    Utilities

    Sewer type
    Septic Tank
    Water source
    Well

    Coldwell Banker Schmidt REALTORS Houghton & Higgins Lakes (989) 366-5522

    Listing agent Ruth Anne Clemens (989) 429-3100

    Listing date Oct 22, 2025

    Copyright © 2025 Water Wonderland Board of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prescott Country Store with Opportunity

    Located in Prescott, Michigan, this well-maintained country store presents an opportunity to be your own boss away from the hustle and bustle of the city. The property, with a size of 3312 square feet, offers a range of products including gas, a wide range of groceries, beer, wine, and liquor. The store includes a deli area, modern enough to create culinary offerings. The property is zoned for commercial use and offers opportunities for business development.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Prescott Party Store Party Store

    Suggested Use

    Realty agency Spa & Massage Hair Salon Nail Salon Accounting Firm Daycare Center Catering Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Prescott
    County
    Ogemaw
    State
    Michigan
    Longitude
    -83.923577
    Latitude
    44.273676

    Nearby Similar for Sale

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    • $875,000
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      Hardware Store in Prescott, MI

      Established True Value hardware store with real estate and inventory.
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    • $250,000
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      Prescott Retail Store with Gas

      Well-maintained country store with gas, beer, wine, and liquor.
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    • $52,000
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    FAQs

    What type of property is this?
    Grocery and convenience store - Well-maintained country store in Prescott, Michigan with diverse offerings.
    Where is this grocery and convenience store located?
    The property is located at 107 Sage Lake Rd Prescott, MI.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: - Established country store with gas, groceries, beer, wine, and liquor licenses.; - Located in Prescott, offering a business opportunity away from the city.; - Clean and well-maintained store.
    (989) 429-3100
    Request Owner's contact information
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    Prescott, MI 48756
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    107 Sage Lake Rd Prescott, MI 48756
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