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True Value Retail Space
For Sale
$875,000

2111 Greenwood Road, Prescott, MI 48756

Commercial, Prescott, MI

Property Size12,212 SF
Lot Size1.13 Acres
Price / SF$71.65
Days on Market340

Property Features for 2111 Greenwood Road

General Information

Property type Commercial Sale
Property subtype Retail
Zoning description Commercial
Parking features Parking Lot
Exterior features Vinyl
Lot features Freestanding
Directions Greenwood Road to just West of Skidway Lake
Subdivision Ogemaw
Standard status Active
Size 12,212 SF
Lot size 1.13 Acres

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 Private

Amenities

loading dock

Building Details

Building materials Frame
Roof type Asphalt
Listing Agency: COLDWELL BANKER SCHMIDT REALTORS-HL
Listed By: RUTH CLEMENS · License #6506043271
Added: Oct 31, 2025 Changed: Sep 5 Last Checked: Oct 5 at 10:06PM
MLS# 1940211

Copyright © 2026 Northern Great Lakes Realtors MLS. 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 True Value hardware property combines 12,212 square feet of commercial space with an established retail operation. The layout includes 8,600 square feet of retail area, more than 3,000 square feet for storage and workshop use, and a loading dock. The purchase includes 28,000 SKUs of inventory.

The property occupies 1.13 acres with 150 feet of frontage along Greenwood Road in Prescott. It is positioned a few blocks from the lake and includes a parking lot. The building has frame construction, vinyl exterior siding, an asphalt roof, and a private water source.

Key Highlights

  • 12,212‑square‑foot retail property in Prescott
  • 8,600 square feet of retail area
  • More than 3,000 square feet of storage and workshop space

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
Yes
Paved road access

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
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 retail operation with dedicated storage, workshop space, loading dock, and included inventory.
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‑square‑foot retail property in Prescott; 8,600 square feet of retail area; More than 3,000 square feet of storage and workshop space
More about this property
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