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Hardware Store in Prescott, MI
For Sale
$875,000

2111 Greenwood Road, Prescott, MI 48756

COMMERCIAL - Prescott, MI

Property Size12,212 SF
Price / SF$71.65
Days on Market280

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: Aug 4 Last Checked: Aug 6 at 10:06AM
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 established True Value hardware store is located in Prescott, MI. The property includes over 12,000 total square feet, with 8,600 square feet of retail space and over 3,000 square feet of storage and workshop area, plus a loading dock. The sale includes approximately 28,000 SKUs of inventory. Situated on over an acre of land, the property has 150 feet of frontage on the main road, offering high visibility. The property is located just blocks from the lake. This hardware store is well established and vested in the community, with no local competition. It presents an opportunity for year-round income.

Key Highlights

  • No local competition
  • Over 12,000 total square feet with 8,600 sq ft of retail space
  • Includes 28,000 SKU of inventory in purchase price

Property Analytics

Current Use

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

Suggested Use

Top Pick Real Estate Agency Hair Salon Building Supply Nail Salon Pharmacy Spa & Massage Center

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

Location Intelligence

Trade Area within ½ mile

56
Businesses Nearby
13k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 86% Home Improvements & Furnishings 14%
Marathon Shops & Services
4,854 visits/mo 0.1 miles
Dollar General Shops & Services
3,712 visits/mo 0.3 miles
Family Dollar Shops & Services
2,929 visits/mo 0.2 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

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Established True Value hardware store with high visibility and year-round income.
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: No local competition; Over 12,000 total square feet with **8,600 sq ft of retail space**; Includes 28,000 SKU of inventory in purchase price
More about this property
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