2111 Greenwood Rd, Skidway Lake, MI 48756

Building Details

Year Built 1975 More

Listing Agency: COLDWELL BANKER SCHMIDT REALTORS-HL

Listed By: RUTH CLEMENS · License #6506043271 Show Phone

Source: Elliman

Added: Mar 11 Changed: Aug 14 Last Checked: Oct 30 at 12:11AM

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Investment Insights

Based on property information with market context.

This True Value Hardware store is located in a small town setting, featuring over 12,000 total square feet. The property includes 8,600 square feet of retail space and over 3,000 square feet dedicated to storage and workshop activities. A loading dock is also present. The sale includes approximately 28,000 SKUs of inventory. Situated on over an acre of land, the property benefits from 150 feet of frontage on the main road, providing high visibility. It is located just blocks from the lake. This established business is well-integrated into the community and faces no local competition, offering a year-round income opportunity.

Key Highlights

• No local competition
• Well‑established True Value Hardware store vested in the community
• Includes 28,000 SKU of inventory in the purchase price

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

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.

Location Intelligence

Trade Area within ½ mile

48

Businesses Nearby

13k

Monthly Visits Nearby

Balanced

Demand for This Use

Explore this area Business Placement

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

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Frequently Asked Questions

What type of property is this?

Storefront property - Established True Value hardware store with high visibility and frontage.

Where is this storefront property located?

The property is located at 2111 Greenwood Rd Skidway Lake, 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; Well‑established True Value Hardware store vested in the community; Includes **28,000 SKU of inventory** in the purchase price