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    Hanover, MI

    Hanover, MI Commercial Real Estate for Sale

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    Horton, MI Jackson, MI Jonesville, MI
    6 properties
    Turnkey Commercial Building
    Updated: May 4
    Turnkey Commercial Building

    227 E State Street, Hanover, MI 49241

    $259,000
    2,079 sqft · 1.67 AC lot
    Over 2,000 sq ft commercial building on a 1.5+ acre lot with brick construction
    Two‑zone forced‑air heating and central air conditioning
    Two bathrooms plus a functional kitchen area
    Newer composition roof
    Includes a 10' x 16' storage shed for additional on‑site storage
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    This listing looks promising.

    Here's a quick look at some key insights for

    227 E State Street, Hanover, MI 49241

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    • Est. Cap Rate

      6.7%
      Above avg (5.9%)

    • Est. NOI

      $17K
      Annual

    • Mortgage

      $70K
      Jan 2021

    • Last Sold

      Jan 2021
      $60K
    View Property Analytics
    Hanover Commercial Property For Sale
    Updated: Mar 2
    Hanover Commercial Property For Sale

    9959 Pulaski Road, Hanover, MI 49241

    $149,999
    2,704 sqft · 0.27 AC lot
    Priced below replacement value.
    Liquor license available for an additional fee.
    Versatile property suitable for retail, commercial, office, daycare, or storage.
    Year Built: 1900.
    Incredible deal for the right buyer.
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    Turnkey Commercial Opportunity in Hanover
    Turnkey Commercial Opportunity in Hanover

    227 E State St, Hanover, MI 49241

    $279,000
    2,000 sqft · 1.50 AC lot

    Well-maintained commercial building with versatile space on a generous lot.

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    Recreational Hunting and Tillable Land
    Recreational Hunting and Tillable Land

    VL Hubbard Road, Hanover, MI 49241

    $310,000
    40.00 AC lot

    40-acre parcel combines tillable ground and natural habitat for deer and waterfowl hunting, with extensive road frontage.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Versatile Retail Building
    Versatile Retail Building

    Hanover, MI 49241

    $149,998

    A flexible storefront property for retail, office, daycare, or storage, with a liquor license available for an added fee.

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    Established Grocery Store Business Opportunity
    Established Grocery Store Business Opportunity

    9959 Pulaski Rd, Hanover, MI 49241

    $150,000
    1,134 sqft

    Turnkey grocery store with real estate in Hanover, Michigan.

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    Based on your search, we've compiled 58 Potential Opportunities for your consideration. Besides 6 Active listings in Hanover, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 48 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Jonesville Commercial Property on 4+ Acres
    Jonesville Commercial Property on 4+ Acres

    11191 Concord Road, Jonesville, MI 49250

    $499,000
    10,550 sqft · 4.22 AC lot

    Versatile commercial space with expansion potential on a 4+ acre lot.

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    Turnkey Salon with All Equipment Included
    Turnkey Salon with All Equipment Included

    107 Homer Road, Concord, MI 49237

    $89,999
    764 sqft · 0.03 AC lot

    Fully furnished salon setup with styling stations and wash/laundry equipment, ready for immediate operation.

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    Rural Acreage with Tillable Land
    Rural Acreage with Tillable Land

    Goose Lake Road, Jonesville, MI 49250

    $414,000
    45.89 AC lot

    About 45.89 acres with road frontage on two roads, offering tillable, buildable, and recreational/hunting use options.

    View details
    Concord Buildable Corner Lot
    Concord Buildable Corner Lot

    Second Street, Concord, MI 49237

    Contact for pricing
    0.58 AC lot

    0.58 acre corner lot in the heart of Concord.

    View details

    Off-Market Properties in Hanover, MI

    Consider similar Off-Market properties in Hanover, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    103 Main St
    GROCERY, SUPERMARKET

    103 Main St, Hanover, MI 49241-9811

    Value Estimation by Request
    3,456 sqft · 0.06 AC lot
    View details
    11990 Pulaski Rd
    DRUG STORE, PHARMACY

    11990 Pulaski Rd, Hanover, MI 49241-9812

    Value Estimation by Request
    2,400 sqft · 2.06 AC lot
    View details
    9964 Pulaski Rd
    COMMERCIAL (GENERAL)

    9964 Pulaski Rd, Hanover, MI 49241-9752

    Value Estimation by Request
    0.11 AC lot
    View details
    137 Main St
    RETAIL STORES (PERSONAL SERVICES)

    137 Main St, Hanover, MI 49241-9811

    Value Estimation by Request
    1,624 sqft · 0.16 AC lot
    View details
    11021 Moscow Rd
    RESTAURANT

    11021 Moscow Rd, Hanover, MI 49241-9791

    Value Estimation by Request
    1,615 sqft · 0.61 AC lot
    View details
    110 Jackson St
    CONVENIENCE STORE

    110 Jackson St, Hanover, MI 49241-8714

    Value Estimation by Request
    3,016 sqft · 0.73 AC lot
    View details
    227 State St
    DAY CARE, PRE-SCHOOL

    227 State St, Hanover, MI 49241-9814

    Value Estimation by Request
    2,079 sqft · 1.67 AC lot
    View details
    9959 Pulaski Rd
    GROCERY, SUPERMARKET

    9959 Pulaski Rd, Hanover, MI 49241-9752

    Value Estimation by Request
    2,704 sqft · 0.27 AC lot
    View details
    103 Main
    AUTO REPAIR, GARAGE

    103 Main, Hanover, MI 49241-9309

    Value Estimation by Request
    8,663 sqft · 0.29 AC lot
    View details
    11117 Wooden Rd
    DISTRIBUTION WAREHOUSE

    11117 Wooden Rd, Hanover, MI 49241-9624

    Value Estimation by Request
    5,000 sqft · 10.03 AC lot
    View details
    327 State St
    COMMERCIAL (GENERAL)

    327 State St, Hanover, MI 49241-9815

    Value Estimation by Request
    4,368 sqft · 0.69 AC lot
    View details
    9139 Watson Rd
    DISTRIBUTION WAREHOUSE

    9139 Watson Rd, Hanover, MI 49241-9613

    Value Estimation by Request
    6,000 sqft · 20.48 AC lot
    View details
    15297 Howard Rd
    DISTRIBUTION WAREHOUSE

    15297 Howard Rd, Hanover, MI 49241-9617

    $795,000
    Estimated value
    11,916 sqft · 10.00 AC lot
    View details
    318 Railroad St
    LAUNDROMAT (SELF-SERVICE)

    318 Railroad St, Hanover, MI 49241-9660

    Value Estimation by Request
    1,344 sqft · 0.30 AC lot
    View details
    123 Main St
    OFFICE BUILDING

    123 Main St, Hanover, MI 49241-9811

    Value Estimation by Request
    1,360 sqft · 0.06 AC lot
    View details
    123 Main St
    VACANT COMMERCIAL LAND

    123 Main St, Hanover, MI 49241-9811

    Value Estimation by Request
    0.09 AC lot
    View details
    133 Main St
    RESTAURANT

    133 Main St, Hanover, MI 49241-9811

    Value Estimation by Request
    2,400 sqft · 0.08 AC lot
    View details
    134 Main St
    GROCERY, SUPERMARKET

    134 Main St, Hanover, MI 49241-9811

    Value Estimation by Request
    1,500 sqft · 0.13 AC lot
    View details

    Hanover, MI Commercial Real Estate Market Trends and Statistics

    Explore 54 commercial real estate for sale in Hanover, MI, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 7,917 square feet of properties for sale, with an estimated market value of $837,999.

    Sale prices for business properties in Hanover, MI start at $149,999, averaging $209,499, and reaching up to $279,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 2,086
    Population Growth (5Y) -16.1%
    Median Household Income $81,471
    College Educated 33.9%

    High-Yield Neighborhoods for Investment

    Identify Hanover submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    49241 $216.3K

    Taxes & Financing

    Tax Rate (average for all types) 3.33%
    Property Tax per SF $78.65 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Jackson County

    New Delisted

    Total CRE Inventory on Market (SF)

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