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Versatile Retail Space Near Skidway

2370 Greenwood Road, Prescott, MI 48756

For Sale
$150,000

Spacious retail space with restaurant section and shipping zone.

Property Size6,700 SF
Lot Size2.03 Acres
Price / SF$22.39
Days on Market815

Property Features for 2370 Greenwood Road

General Information

Standard status Active
Size 6,700 SF
Lot size 2.03 Acres
Property subtype Commercial/Industrial

Taxes and HOA fees

Annual Taxes $4,581

Building Details

Year Built 1970
Listing Agency: EXP Realty
Listed By: Christopher Parker · License #65060429280
Source: Exitrealty
Added: Aug 17, 2024 Changed: Aug 9 Last Checked: Aug 25 at 8:09AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of EXP Realty

Rey
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Investment Insights

Based on property information with market context.

Located at 2370 Greenwood Road in Prescott, Michigan, this commercial property offers over 6,700 square feet of retail space suitable for various business ventures. The property includes an integrated restaurant section equipped with essential infrastructure, making it suitable for culinary businesses. A shipping and receiving zone with a large delivery door facilitates efficient logistics. Situated on over 2 acres, the property provides ample parking and potential for future expansions or outdoor events. The property has 3 phase electrical available. Built in 1970, the property is located across the street from Skidway Lake, offering views and high visibility. Its location provides accessibility to other local businesses, attracting a steady flow of potential customers.

Key Highlights

  • Over 6,700 sq ft of versatile retail space suitable for various business ventures.
  • Prime location across from Skidway Lake with high visibility and accessibility to local businesses.
  • Expansive 2+ acre land parcel offering ample parking and expansion potential.

Property Analytics

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

Current Use

Great Lakes Armory (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Building Supply Auto Repair Shop Plumbing Service (Bike/Boat/Book/etc) Store Hair Salon

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

54
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 0.2 miles
Family Dollar Shops & Services
2,929 visits/mo 0.1 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
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Market

Average Price Trend$/SF for Retail space in Ogemaw County, MI

$47.5 Jul
$49.28 Aug
$42.23 Sep
$45.91 Oct

Properties on Market for Retail space in Ogemaw County

Jul
Aug
Sep
Oct

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?
Retail space - Spacious retail space with restaurant section and shipping zone.
Where is this retail space located?
The property is located at 2370 Greenwood Road Prescott, MI.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Over 6,700 sq ft of versatile retail space suitable for various business ventures.; Prime location across from Skidway Lake with high visibility and accessibility to local businesses.; Expansive 2+ acre land parcel offering ample parking and expansion potential.
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