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    2111 Greenwood Rd Prescott, MI 48756

    For Sale
    $875,000

    SINGLE_FAMILY - Prescott, MI

    Type:Retail
    Property size:
    12,212 SF
    Days on Market:
    35
    Last Refresh:
    Dec 8 at 5:06 am

    Property Features for 2111 Greenwood Rd

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Standard status
    Active
    Zoning
    Commercial
    APN
    010-225-047-01
    Parking features
    Parking Lot
    Size
    12,212 SF

    Utilities

    Water source
    Well

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

    Listing agent Ruth Anne Clemens (989) 429-3100

    Listing date Nov 4, 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

    Hardware Store in Prescott, MI

    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.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    True Value Bargain ... Hardware Store Puff & Stuff Tobacco Shop

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Auto Repair Shop Hair Salon Nail Salon Hotel & Motel Pharmacy Food Market

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

    Location Insight

    • Map
    • Local Demand
    City
    Prescott
    County
    Ogemaw
    State
    Michigan
    Longitude
    -84.038969
    Latitude
    44.183553

    Nearby Similar for Sale

    • $875,000
      12,212 SF

      Hardware Store in Prescott, MI

      Established True Value hardware store with real estate and inventory.
      2111 Greenwood Rd, Prescott, MI 48756
      View Details
    • $250,000
      3,312 SF

      Prescott Retail Store with Gas

      Well-maintained country store with gas, beer, wine, and liquor.
      107 S Sage Lake Rd, Prescott, MI 48756
      View Details
    • $250,000
      3,312 SF

      Prescott Country Store with Opportunity

      Well-maintained country store in Prescott, Michigan with diverse offerings.
      107 Sage Lake Rd, Prescott, MI 48756
      View Details
    • $52,000
      2,752 SF

      Former Bar and Restaurant Building

      2752 sq ft commercial building near Skidway Lake.
      2250 E Greenwood Rd, Prescott, MI 48739
      View Details

    FAQs

    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 Rd 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
    (989) 429-3100
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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
    2111 Greenwood Rd Prescott, MI 48756
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