Hillman, MI Commercial Real Estate for Sale

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Sporting Goods Retail Storefront
Updated: Dec 31, 2024
Sporting Goods Retail Storefront

141 State Street, Hillman, MI 49746

$795,000
5,934 sqft
5,934 SF retail storefront
Operating sporting goods business serving hunters and anglers
Family‑owned operation with 40+ years of history
10% cap rate
Commercial zoning with block construction
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Assisted Living Facility with 20 Apartments
Updated: Feb 2
Assisted Living Facility with 20 Apartments

200 N Elizabeth Street, Hillman, MI 49746

$1,400,000
13,184 sqft 2.30 AC lot
20 individual apartments within a licensed assisted living facility
13,184 square feet on 2.3 acres
Common areas, salon, resident spaces, and staff work areas
Accessible approach with ramp and on‑site parking lot
Municipal water/sewer and fiber internet
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Cleared Commercial Land
Cleared Commercial Land

520 State St., Hillman, MI 49746

Contact for pricing

Level, cleared land with village utilities available at the street.

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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 3 Active listings in Hillman, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 69 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.

Flexible Industrial Facility with Multiple Bays
Flexible Industrial Facility with Multiple Bays

10027 M 32 W, Herron, MI 49744

$1,500,000
24,130 sqft 17.90 AC lot

Versatile commercial facility with office space, overhead doors, and room for logistics, manufacturing, or service operations.

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Stone Restaurant Property with Residence
Stone Restaurant Property with Residence

9075 M-33, Atlanta, MI 49709

$89,900
2,394 sqft

Restaurant-oriented commercial property with a separate house, garage, courtyard areas, and operational plumbing.

View details
Flex Facility with Multiple Bays
Flex Facility with Multiple Bays

10027 Michigan 32, Herron, MI 49744

$1,500,000
17.90 AC lot

Commercial facility with office space, overhead-door access, and room for varied operational uses.

View details
Motel Complex with Kitchen Units
Motel Complex with Kitchen Units

12520 State Street, Atlanta, MI 49709

$529,000

Commercially zoned motel with kitchen-equipped units, on-site laundry, and an additional two-story hall building.

View details

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

Estimated value:
$185,000
0.30 AC lot
View details
5614 Emils Lndg Rd
COMMERCIAL (GENERAL)

5614 Emils Lndg Rd, Hillman, MI 49746-9648

Estimated value:
$200,000
2.64 AC lot
View details
22320 Webber Crk Rd
COMMERCIAL (GENERAL)

22320 Webber Crk Rd, Hillman, MI 49746

Estimated value:
$190,000
3,264 sqft
View details
24320 Veterans Memorial Hwy
COMMERCIAL (GENERAL)

24320 Veterans Memorial Hwy, Hillman, MI 49746-8668

Estimated value:
$245,000
2.31 AC lot
View details
24560 Veterans Memorial Hwy
COMMERCIAL (GENERAL)

24560 Veterans Memorial Hwy, Hillman, MI 49746-8670

Estimated value:
$240,000
1.49 AC lot
View details
24420 Veterans Memorial Hwy
COMMERCIAL (GENERAL)

24420 Veterans Memorial Hwy, Hillman, MI 49746-8669

Estimated value:
$270,000
0.69 AC lot
View details
24285 Veterans Memorial Hwy
VACANT COMMERCIAL LAND

24285 Veterans Memorial Hwy, Hillman, MI 49746-8667

Estimated value: by Request
View details
24250 Veterans Memorial Hwy
COMMERCIAL (GENERAL)

24250 Veterans Memorial Hwy, Hillman, MI 49746-8667

Estimated value:
$265,000
1.89 AC lot
View details
24288 Veterans Memorial Hwy
COMMERCIAL (GENERAL)

24288 Veterans Memorial Hwy, Hillman, MI 49746-8667

Estimated value:
$235,000
12.28 AC lot
View details
24291 Veterans Memorial Hwy
COMMERCIAL (GENERAL)

24291 Veterans Memorial Hwy, Hillman, MI 49746-8667

Estimated value:
$240,000
1.96 AC lot
View details
24460 Veterans Memorial Hwy
COMMERCIAL (GENERAL)

24460 Veterans Memorial Hwy, Hillman, MI 49746-8669

Estimated value:
$240,000
1.94 AC lot
View details
24601 Veterans Memorial Hwy
INDUSTRIAL (GENERAL)

24601 Veterans Memorial Hwy, Hillman, MI 49746-8671

Estimated value:
$205,000
5.58 AC lot
View details
641 State St
VACANT COMMERCIAL LAND

641 State St, Hillman, MI 49746-9511

Estimated value:
$235,000
0.40 AC lot
View details
14962 State St
COMMERCIAL (GENERAL)

14962 State St, Hillman, MI 49746-9768

Estimated value:
$250,000
1.74 AC lot
View details
641 State St
COMMERCIAL (GENERAL)

641 State St, Hillman, MI 49746-9511

Estimated value:
$250,000
0.40 AC lot
View details
15955 State St
VACANT COMMERCIAL LAND

15955 State St, Hillman, MI 49746-9513

Estimated value:
$250,000
1.51 AC lot
View details
611 State St
COMMERCIAL (GENERAL)

611 State St, Hillman, MI 49746

Estimated value:
$230,000
0.40 AC lot
View details

Hillman, MI Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Hillman, MI, showcased through 3 active listings 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.

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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 $731.7K

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%

Listings Trend

New vs delisted commercial listings in Montmorency County

New Delisted

Total CRE Inventory on Market (SF)

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