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Sporting Goods Retail Storefront
For Sale
Under Contract
$795,000

141 State Street, Hillman, MI 49746

Commercial Sale, Hillman, MI

Property Size5,934 SF
Price / SF$133.97
Days on Market629

Property Features for 141 State Street

General Information

Property type Commercial Sale
Property subtype Retail
Zoning Commercial
Parking features Parking Lot
Basement Partial
Subdivision T31N, R4E
Directions SW Corner of State St & First St.
Standard status Active Under Contract
APN 044-210-000-001-00
Size 5,934 SF

Taxes and HOA fees

Tax Description Lot 1, Block 10 Village of Hillman
Tax Annual Amount 4050
Legal Description Lot 1, Block 10 Village of Hillman

Utilities

Sewer type Public Sewer

Building Details

Building materials Block
Listing Agency: Banner Realty
Listed By: Lisa Timm · License #6502127329
Added: Dec 31, 2024 Changed: Sep 17 Last Checked: Sep 21 at 5:06AM
MLS# 201832996

Copyright © 2026 Water Wonderland Board of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 5,934-square-foot storefront property includes an operating sporting goods business serving hunters and anglers. The offering combines the real estate, inventory, and business goodwill, with merchandise and services spanning hunting, fishing, archery, clothing, footwear, bait, and DNR licenses. The building has block construction, a parking lot, public sewer service, and Commercial zoning.

The business has operated under family ownership for 40+ years and is open 7 days per week. Its Hillman setting serves Northern Michigan and is described as being among lakes and hunting lands. Specialized services and contracts are part of the operation. Store and business licenses remain subject to required approvals, while business financials are available upon NDA and LOI.

Key Highlights

  • 5,934 SF retail storefront
  • Operating sporting goods business serving hunters and anglers
  • Family‑owned operation with 40+ years of history

Property Analytics

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Current Use

A-1 Woods & Waters (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Grocery & Convenience Store Storage Facility (Bike/Boat/Book/etc) Store Pharmacy Dental Office Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

127
Businesses Nearby
Well-served
Demand for This Use

Demographics for 49746, MI

3,320
Population
2,689
Households
1.2
Avg Household Size
53
Median Age
13%
College-Educated
90%
High-School Grad
209.6 sq mi
ZIP Area
16
Density / Sq Mi
$47,776
Median Household Income
$34,189
Median Earnings
$644
Median Rent
$143,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Commercial storefront with an operating sporting goods business, on-site parking, and public sewer service.
Where is this storefront property located?
The property is located at 141 State Street Hillman, MI.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: 5,934 SF retail storefront; Operating sporting goods business serving hunters and anglers; Family‑owned operation with 40+ years of history
More about this property
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