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    Hanover, MI Office Buildings for Sale

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    Horton, MI Jonesville, MI Jackson, MI Spring Arbor, MI Jerome, MI Concord, MI Cement City, MI Clarklake, MI
    Turnkey Office Building with Storage Shed
    Updated: May 4
    Turnkey Office Building with Storage Shed

    227 E State Street, Hanover, MI 49241

    $230,000
    2,079 sqft 1.67 AC lot
    Brick commercial building built in 1960 with forced‑air heating and central air
    Over 2,000 sq ft of versatile interior space with a functional kitchen and 2 bathrooms
    Two‑zone heating and newer roof
    Well water with septic tank sewer; cable available
    Includes a newer 10' x 16' storage shed and sits on a 1.5+ acre lot
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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

      7.6%
      Above avg (5.9%)

    • Est. NOI

      $17K
      Annual

    • Mortgage

      $70K
      Jan 2021

    • Last Sold

      Jan 2021
      $60K
    View Property Analytics
    Turnkey Commercial Building with Storage
    Updated: May 4
    Turnkey Commercial Building with Storage

    227 E State Street, Hanover, MI 49241

    $230,000
    Move‑in ready commercial building built in 1960 offering over 2,000 sq ft of versatile space
    1.5+ acre lot with outdoor space for parking, expansion, or outdoor programming
    Two‑zone heating system plus a newer roof
    Includes two bathrooms and a functional kitchen area
    On‑site storage shed measuring 10' x 16'
    View details
    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 2 Active listings in Hanover, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Handicap-Accessible Office/Retail Building
    Handicap-Accessible Office/Retail Building

    2600 Kibby Road, Jackson, MI 49203

    $279,900
    2,110 sqft 0.32 AC lot

    Zoned C-1 two-story building with ramp entry, updated interiors, and flexible office or retail layout.

    View details
    Fully Renovated Multi-Suite Office Building
    Fully Renovated Multi-Suite Office Building

    2532 Spring Arbor Road, Jackson, MI 49203

    Contact for pricing
    5,724 sqft 1.21 AC lot

    Renovated ADA-compliant office suites with ample parking and Class A Spring Arbor Road frontage for owner-users or professional investors.

    View details
    Turn-Key Multi-Office Building
    Turn-Key Multi-Office Building

    214 South Street, Jonesville, MI 49250

    $154,900
    1,102 sqft 0.13 AC lot

    Brick, metal-roofed office building with four private offices, kitchenette, and asphalt parking.

    View details
    Summit Township Office/Retail Building
    Summit Township Office/Retail Building

    2106 Horton Rd, Jackson, MI 49203

    Contact for pricing
    3,900 sqft

    Class C office/retail building with high visibility and income potential.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Albion Buildable Lot For Sale
    Albion Buildable Lot For Sale

    211 S Ann Street, Albion, MI 49224

    Contact for pricing
    0.23 AC lot

    Vacant lot available through Calhoun County Land Bank's Develop program.

    View details
    Albion Buildable Vacant Lot
    Albion Buildable Vacant Lot

    1004 N Albion Street, Albion, MI 49224

    Contact for pricing
    0.29 AC lot

    Vacant lot available through Calhoun County Land Bank's DTL program.

    View details
    Commercial Land with Development Splits
    Commercial Land with Development Splits

    M-52, Manchester, MI 48158

    $399,000
    4.50 AC lot

    Commercially zoned acreage offers four available splits, broadband, and cable service availability.

    View details
    Corner Commercial Land with Road Frontage
    Corner Commercial Land with Road Frontage

    1531 Kyle Street, Eaton Rapids, MI 48827

    $84,900
    1.57 AC lot

    1.57-acre corner commercial lot with blacktop frontage on two roads and visibility from Main St.

    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.

    123 Main St
    OFFICE BUILDING

    123 Main St, Hanover, MI 49241-9811

    $60,000
    Estimated value
    1,360 sqft 0.06 AC lot
    View details
    12363 Folks Rd
    OFFICE BUILDING

    12363 Folks Rd, Hanover, MI 49241-9606

    $305,000
    Estimated value
    8,612 sqft 2.77 AC lot
    View details

    Hanover, MI Office Buildings Market Trends and Statistics

    Explore 4 office buildings for sale in Hanover, MI on our real estate platform. These investment opportunities span a total of 2,079 square feet of properties for sale, with an estimated market value of $460,000.

    Sale prices for office properties in Hanover, MI average $230,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office buildings 2
    Office Units 1

    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 $230K

    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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