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    Hanover, MI
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    Hanover, MI Retail Properties & Spaces 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 Commercial Opportunity in Hanover
    Updated: May 9
    Turnkey Commercial Opportunity in Hanover

    227 E State St, Hanover, MI 49241

    $259,000
    2,000 sqft 1.50 AC lot
    Turnkey, move‑in ready commercial building.
    Over 2,000 sq ft of versatile space on 1.5+ acre lot.
    High‑visibility location with convenient access.
    Ideal for a wide range of uses (office, retail, fitness, daycare, etc.).
    Ample outdoor space for parking, expansion, or outdoor programming.
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    This listing looks promising.

    Here's a quick look at some key insights for

    227 E State St, Hanover, MI 49241

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    • Est. Cap Rate

      6.5%
      Above avg (5.9%)

    • Est. NOI

      $17K
      Annual

    • Mortgage

      $70K
      Jan 2021

    • Last Sold

      Jan 2021
      $60K
    View Property Analytics
    Established Grocery Store Business Opportunity
    Updated: Mar 2
    Established Grocery Store Business Opportunity

    9959 Pulaski Rd, Hanover, MI 49241

    Contact for pricing
    1,134 sqft
    Sale includes established grocery store and real estate.
    Turnkey operation with existing customer base, fixtures, and equipment.
    High‑visibility location** in Hanover, Jackson County, with limited competition.
    Opportunity for owner‑operator or investor with immediate potential.
    Additional revenue potential through separate purchase of SDD liquor license.
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    Commercial Storefront Property
    Commercial Storefront Property

    9959 Pulaski Road, Hanover, MI 49241

    $149,998

    The property is described for retail and commercial use, with conversion options noted for office, daycare, and storage.

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    Based on your search, we've compiled 28 Potential Opportunities for your consideration. Besides 3 Active listings in Hanover, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 17 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.

    Freestanding Storefront With Drive-Through
    Freestanding Storefront With Drive-Through

    7394 Moscow Road, Horton, MI 49246

    $225,000
    1,200 sqft 1.00 AC lot

    Vinyl-sided commercial building with central air, natural gas service, and an auto generator.

    View details
    Turnkey Salon Ready for Operation
    Turnkey Salon Ready for Operation

    107 Homer Road, Concord, MI 49237

    $81,999
    764 sqft 0.03 AC lot

    Fully furnished salon is set up for immediate operation, including styling, wash, and laundry equipment.

    View details
    Brick Mixed-Use Building with Decks
    Brick Mixed-Use Building with Decks

    104 S Main St, Concord, MI 49237

    Contact for pricing

    Downtown storefront building with a former bakery space, exposed-brick character, and decks spanning the backside.

    View details
    Storefront Building With Additional Land
    Storefront Building With Additional Land

    7560 Moscow Road, Horton, MI 49246

    $150,000
    720 sqft 0.72 AC lot

    C2-zoned commercial property with a small building, bathroom, and additional land to the west.

    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 Commercial Land For Sale
    Albion Commercial Land For Sale

    Parcel 1 N Concord Road, Albion, MI 49224

    $299,000
    17.00 AC lot

    17-acre commercial land with highway access and visibility.

    View details
    Prime Commercial Land Opportunity
    Prime Commercial Land Opportunity

    VL Spring Arbor Rd, Jackson, MI 49201

    $55,000
    4.98 AC lot

    Highly visible commercial land with frontage on M-60.

    View details
    Commercial Land Along M-60
    Commercial Land Along M-60

    VL Spring Arbor Road, Jackson, MI 49201

    $900,000
    65.60 AC lot

    Commercially zoned land with public water, natural gas availability, and access from M-60 and Reynolds Road.

    View details
    Commercial Development Land
    Commercial Development Land

    VL Spring Arbor Road, Jackson, MI 49201

    $89,500
    4.39 AC lot

    Commercial parcel with public sewer and natural gas availability near schools, universities, businesses, and residential areas.

    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.

    103 Main St
    GROCERY, SUPERMARKET

    103 Main St, Hanover, MI 49241-9811

    $120,000
    Estimated value
    3,456 sqft 0.06 AC lot
    View details
    11990 Pulaski Rd
    DRUG STORE, PHARMACY

    11990 Pulaski Rd, Hanover, MI 49241-9812

    $465,000
    Estimated value
    2,400 sqft 2.06 AC lot
    View details
    137 Main St
    RETAIL STORES (PERSONAL SERVICES)

    137 Main St, Hanover, MI 49241-9811

    $70,000
    Estimated value
    1,624 sqft 0.16 AC lot
    View details
    11021 Moscow Rd
    RESTAURANT

    11021 Moscow Rd, Hanover, MI 49241-9791

    $385,000
    Estimated value
    1,615 sqft 0.61 AC lot
    View details
    110 Jackson St
    CONVENIENCE STORE

    110 Jackson St, Hanover, MI 49241-8714

    $340,000
    Estimated value
    3,016 sqft 0.73 AC lot
    View details
    9959 Pulaski Rd
    GROCERY, SUPERMARKET

    9959 Pulaski Rd, Hanover, MI 49241-9752

    $120,000
    Estimated value
    2,704 sqft 0.27 AC lot
    View details
    103 Main
    AUTO REPAIR, GARAGE

    103 Main, Hanover, MI 49241-9309

    $145,000
    Estimated value
    8,663 sqft 0.29 AC lot
    View details
    318 Railroad St
    LAUNDROMAT (SELF-SERVICE)

    318 Railroad St, Hanover, MI 49241-9660

    Value Estimation by Request
    1,344 sqft 0.30 AC lot
    View details
    133 Main St
    RESTAURANT

    133 Main St, Hanover, MI 49241-9811

    $95,000
    Estimated value
    2,400 sqft 0.08 AC lot
    View details
    134 Main St
    GROCERY, SUPERMARKET

    134 Main St, Hanover, MI 49241-9811

    $130,000
    Estimated value
    1,500 sqft 0.13 AC lot
    View details
    130 Main St
    BAR, TAVERN

    130 Main St, Hanover, MI 49241-9811

    $175,000
    Estimated value
    1,920 sqft 0.11 AC lot
    View details
    127 Main St
    GROCERY, SUPERMARKET

    127 Main St, Hanover, MI 49241-9811

    $80,000
    Estimated value
    2,320 sqft 0.06 AC lot
    View details
    127 Main St
    GROCERY, SUPERMARKET

    127 Main St, Hanover, MI 49241-9811

    $240,000
    Estimated value
    4,460 sqft 0.15 AC lot
    View details
    114 Main St
    RETAIL STORES (PERSONAL SERVICES)

    114 Main St, Hanover, MI 49241-9811

    $65,000
    Estimated value
    720 sqft 0.06 AC lot
    View details
    137 Main St
    RETAIL STORES (PERSONAL SERVICES)

    137 Main St, Hanover, MI 49241-9811

    $180,000
    Estimated value
    4,800 sqft 0.55 AC lot
    View details
    125 Main St
    FINANCIAL BUILDING

    125 Main St, Hanover, MI 49241-9811

    $60,000
    Estimated value
    1,508 sqft 0.12 AC lot
    View details
    143 Main St
    WHOLESALE OUTLET, DISCOUNT STORE

    143 Main St, Hanover, MI 49241-9811

    $160,000
    Estimated value
    4,700 sqft 0.26 AC lot
    View details

    Hanover, MI Retail Properties & Spaces Market Trends and Statistics

    Explore 20 retail properties & spaces for sale in Hanover, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 3,134 square feet of properties for sale, with an estimated market value of $408,998.

    Sale prices for stores in Hanover, MI start at $149,998, averaging $204,499, and reaching up to $259,000 — 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

    Grocery and convenience stores 1
    Storefront properties 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 $213K

    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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