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Hardware Retail Space with Loading Dock
For Sale
$875,000

2111 Greenwood Road, Prescott, MI 48756

Commercial Sale, Prescott, MI

Property Size12,212 SF
Price / SF$71.65
Days on Market325

Property Features for 2111 Greenwood Road

General Information

Property type Commercial Sale
Property subtype Retail
Zoning Commercial
Parking features Parking Lot
Subdivision T21N R3E
Directions Greenwood Road to just West of Skidway Lake
Standard status Active
APN 010-225-047-01
Size 12,212 SF

Taxes and HOA fees

Tax Description Hedley L. & Dorothy M. Turner Sub No. 2 Lots 47-50
Legal Description Hedley L. & Dorothy M. Turner Sub No. 2 Lots 47-50

Utilities

Water source Well

Building Details

Floors in Building 1
Listing Agency: CB Schmidt Houghton Lake
Listed By: Ruth Anne Clemens · License #6506043271
Added: Oct 31, 2025 Changed: Sep 6 Last Checked: Sep 20 at 2:06PM
MLS# 201837859

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This retail property contains 12,212 square feet of improvements, including approximately 8,600 square feet of customer-facing retail area. More than 3,000 square feet is designated for storage and workshop use, and the building also has a loading dock. The operation includes 28,000 SKU of inventory and is identified as a True Value Hardware business.

The property occupies over an acre with 150 feet of frontage on the main road, providing a prominent roadside position. It is located in Prescott, Michigan, within blocks of the lake, and is served by a well. Commercial zoning and an on-site parking lot support the existing retail configuration.

Key Highlights

  • 12,212 SF retail property with 8,600 sq ft of retail area
  • More than 3,000 sq ft of storage and workshop space
  • 28,000 SKU of inventory included

Property Analytics

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Current Use

True Value Bargain ... Building Supply Puff & Stuff (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Building Supply Restaurant Hair Salon Pharmacy Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

48
Businesses Nearby
13k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 86% Home Improvements & Furnishings 14%
Marathon Shops & Services
4,854 visits/mo 0.2 miles
Dollar General Shops & Services
3,712 visits/mo 0.4 miles
Family Dollar Shops & Services
2,929 visits/mo 0.3 miles
True Value Bargain Depot Home Improvements & Furnishings
1,846 visits/mo 0.1 miles

Demographics for 48756, MI

4,057
Population
3,087
Households
1.3
Avg Household Size
49
Median Age
7%
College-Educated
83%
High-School Grad
79.9 sq mi
ZIP Area
51
Density / Sq Mi
$39,435
Median Household Income
$27,367
Median Earnings
$851
Median Rent
$85,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Established hardware business includes showroom, workshop, storage, loading access, and an on-site parking lot.
Where is this retail space located?
The property is located at 2111 Greenwood Road Prescott, MI.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: 12,212 SF retail property with 8,600 sq ft of retail area; More than 3,000 sq ft of storage and workshop space; 28,000 SKU of inventory included
More about this property
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