141 State St Hillman, MI 49746
Property profile & analytics
141 State St Hillman, MI 49746
- Commercial real estate
- 0.21 lot acres
Property ID
US43-3197696
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- A-1 Woods & Waters / (Bike/Boat/Book/etc) Store
Property Details for 141 State St
- Lot size
- 0.21 lot acres
- Zone code
- AG
- Property type
- Commercial real estate
- APN
- 044-210-000-001-00
- APU
- 4421000000100
Description
This exceptional opportunity presents a well-established and highly reputable sporting goods business located at 141 State Street, Hillman, MI. Boasting a strong 40+ year history of success in Northern Michigan, this family-owned enterprise thrives in its ideal location amidst numerous lakes and hunting grounds, catering to a loyal clientele of hunters and anglers. The 5,934 square foot retail space is in high demand due to its prime location and comprehensive product offerings. The business operates seven days a week, providing specialized services and contracts, demonstrating a commitment to the community and a proven track record of profitability. A reconciled inventory is available, and the business boasts a 10% capitalization rate. The asking price of $845,000 includes inventory, real estate, and goodwill. The extensive product line includes DNR licenses, bait, high-visibility wear, boots and clothing, guns and ammunition, archery and fishing gear, and much more. Existing store and business licenses are subject to the necessary approvals. Please note that the final price is contingent upon the inventory level at the time of closing. Detailed business financials are available upon execution of a non-disclosure agreement and letter of intent. This is a rare opportunity to acquire a thriving, turnkey business with significant growth potential.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Hillman
- County
- Montmorency
- State
- Michigan
- Longitude
- -83.9011
- Latitude
- 45.0644
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$3,237
$14,900
$118,100
$133,000
-
$29,800
$236,200
$266,000
