Realmo

Buy
- For Sale
- Post a Listing
Property Types
- Retail
  
  Storefront
- Health Care
  
  Assisted Living
- Land
  
  Residential
  
  Recreation
  
  Waterfront
  
  Hunting
Rent
Analytics
- Analytics Center
- Value Estimation
- Cap Rate
- Ownership Records
- Zoning Insight
- Location Intelligence
- Business Placement
- Recently Sold
- Off-Market Leads

Advertise Sign In

For Sale
- Retail
  - Storefront
- Health Care
  - Assisted Living
- Land
  - Residential
  - Recreation
  - Waterfront
  - Hunting
For Lease
Analytics Center
Value Estimation
Cap Rate
Ownership Records
Zoning Insight
Location Intelligence
Business Placement
Recently Sold
Off-Market Leads
Advertise
Find Brokers

Hillman, MI

Hillman, MI Commercial Real Estate for Sale

List

Map

Lachine, MI Atlanta, MI Alpena, MI Herron, MI Comins, MI Millersburg, MI Posen, MI Hubbard Lake, MI

Sporting Goods Retail Store

Updated: Dec 31, 2024

Sporting Goods Retail Store

141 State Street, Hillman, MI 49746

$795,000

5,934 sqft

Established sporting goods business with 40+ years of operation in Northern Michigan.
Prime location near lakes and hunting lands, popular with hunters and anglers.
Includes real estate, inventory, and goodwill in the price.
High demand business open 7 days a week, offering specialized services and contracts.
Proven profitability with historic profits, reconciled inventory, and a 10% Cap Rate.

Licensed Assisted Living Facility

Updated: Feb 2

Licensed Assisted Living Facility

200 N Elizabeth Street, Hillman, MI 49746

$1,400,000

13,184 sqft 2.30 AC lot

Licensed assisted living facility includes 20 individual apartments plus common areas, salon, and care accommodations
Accessible design with an accessible approach with ramp
Utilities include municipal water and sewer, plus fiber internet
Sale may include the real estate and associated business operations, subject to licensing requirements
Recent kitchen and laundry updates: new refrigerator (2024), new double oven (2025), new chest freezer (2023), and new washer (2025)

Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 2 Active listings in Hillman, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 70 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.

139 Acres Industrial Land, Alpena

139 Acres Industrial Land, Alpena

139 AC Witt Road, Alpena, MI 49707

$834,000

139.00 AC lot

139 acres of industrial-zoned land with dual access.

Alpena Industrial Land For Sale

Alpena Industrial Land For Sale

18.83 AC M32 W, Alpena, MI 49707

$226,000

18.83 AC lot

18.83-acre corner parcel with industrial zoning in Alpena, MI.

Motel Complex with Additional Hall

Motel Complex with Additional Hall

12520 State Street, Atlanta, MI 49709

$529,000

Established motel complex with newer roof and siding, on-premises laundry, and eight units with kitchens.

Established Atlanta Motel For Sale

Established Atlanta Motel For Sale

12520 State St. Atlanta MI, Atlanta, MI 49709

Contact for pricing

Motel with income growth opportunity in Atlanta, Michigan.

Off-Market Properties in Hillman, MI

Consider similar Off-Market properties in Hillman, 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.

20010 M 32nd S

COMMERCIAL (GENERAL)

20010 M 32nd S, Hillman, MI 49746-8691

$185,000

Estimated value

0.30 AC lot

5614 Emils Lndg Rd

COMMERCIAL (GENERAL)

5614 Emils Lndg Rd, Hillman, MI 49746-9648

$200,000

Estimated value

2.64 AC lot

22320 Webber Crk Rd

COMMERCIAL (GENERAL)

22320 Webber Crk Rd, Hillman, MI 49746

$190,000

Estimated value

3,264 sqft

Voyer Lk Rd

INDUSTRIAL (GENERAL)

Voyer Lk Rd, Hillman, MI 49746

Value Estimation by Request

24320 Veterans Memorial Hwy

COMMERCIAL (GENERAL)

24320 Veterans Memorial Hwy, Hillman, MI 49746-8668

$245,000

Estimated value

2.31 AC lot

24560 Veterans Memorial Hwy

COMMERCIAL (GENERAL)

24560 Veterans Memorial Hwy, Hillman, MI 49746-8670

$240,000

Estimated value

1.49 AC lot

24420 Veterans Memorial Hwy

COMMERCIAL (GENERAL)

24420 Veterans Memorial Hwy, Hillman, MI 49746-8669

$270,000

Estimated value

0.69 AC lot

24285 Veterans Memorial Hwy

VACANT COMMERCIAL LAND

24285 Veterans Memorial Hwy, Hillman, MI 49746-8667

Value Estimation by Request

24250 Veterans Memorial Hwy

COMMERCIAL (GENERAL)

24250 Veterans Memorial Hwy, Hillman, MI 49746-8667

$265,000

Estimated value

1.89 AC lot

24288 Veterans Memorial Hwy

COMMERCIAL (GENERAL)

24288 Veterans Memorial Hwy, Hillman, MI 49746-8667

$235,000

Estimated value

12.28 AC lot

24291 Veterans Memorial Hwy

COMMERCIAL (GENERAL)

24291 Veterans Memorial Hwy, Hillman, MI 49746-8667

$240,000

Estimated value

1.96 AC lot

24460 Veterans Memorial Hwy

COMMERCIAL (GENERAL)

24460 Veterans Memorial Hwy, Hillman, MI 49746-8669

$240,000

Estimated value

1.94 AC lot

24601 Veterans Memorial Hwy

INDUSTRIAL (GENERAL)

24601 Veterans Memorial Hwy, Hillman, MI 49746-8671

$205,000

Estimated value

5.58 AC lot

4800 Turtle Lk Rd

INDUSTRIAL (GENERAL)

4800 Turtle Lk Rd, Hillman, MI 49746

Value Estimation by Request

14600 Sucker Lk Rd

INDUSTRIAL (GENERAL)

14600 Sucker Lk Rd, Hillman, MI 49746-8301

Value Estimation by Request

641 State St

VACANT COMMERCIAL LAND

641 State St, Hillman, MI 49746-9511

$235,000

Estimated value

0.40 AC lot

14962 State St

COMMERCIAL (GENERAL)

14962 State St, Hillman, MI 49746-9768

$250,000

Estimated value

1.74 AC lot

641 State St

COMMERCIAL (GENERAL)

641 State St, Hillman, MI 49746-9511

$250,000

Estimated value

0.40 AC lot

14978 State St

VACANT COMMERCIAL LAND

14978 State St, Hillman, MI 49746-9768

Value Estimation by Request

15955 State St

VACANT COMMERCIAL LAND

15955 State St, Hillman, MI 49746-9513

$250,000

Estimated value

1.51 AC lot

611 State St

COMMERCIAL (GENERAL)

611 State St, Hillman, MI 49746

$230,000

Estimated value

0.40 AC lot

15845 State St

COMMERCIAL (GENERAL)

15845 State St, Hillman, MI 49746-9512

$240,000

Estimated value

0.75 AC lot

Hillman, MI Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Hillman, MI on our real estate platform. These investment opportunities span a total of 19,118 square feet of properties for sale, with an estimated market value of $2,195,000.

Sale prices for business properties in Hillman, MI start at $795,000, averaging $1,097,500, and reaching up to $1,400,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

List

Map

Demographics Overview

Population 3,502

Population Growth (5Y) +5.6%

Median Household Income $47,776

College Educated 17.9%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
49746	$1.1M

Taxes & Financing

Tax Rate (average for all types) 3.17%

Tax Rate vs County Average 0.17 pp above county avg

Average Loan-to-Value 65.0%

Need Help?

Reach out if you need assistance with Realmo tools or have questions about your listings

Contact Us