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    Hillman, MI
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    Hillman, MI Retail Properties & Spaces for Sale

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    Lachine, MI Atlanta, MI Alpena, MI Herron, MI Comins, MI Millersburg, MI Posen, MI Hubbard Lake, MI
    Sporting Goods Retail Store
    Updated: Dec 31, 2024
    Sporting Goods Retail Store

    141 State Street, Hillman, MI 49746

    $795,000
    5,934 sqft
    Established sporting goods business with 40+ years of operation in Northern Michigan.
    Prime location near lakes and hunting lands, popular with hunters and anglers.
    Includes real estate, inventory, and goodwill in the price.
    High demand business open 7 days a week, offering specialized services and contracts.
    Proven profitability with historic profits, reconciled inventory, and a 10% Cap Rate.
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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 9 Potential Opportunities for your consideration. Besides 1 Active listings in Hillman, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

    Road-Front Retail Storefront
    Road-Front Retail Storefront

    12075 West St, Atlanta, MI 49709

    $521,000
    8,000 sqft

    Single-tenant retail space with strong US 32 frontage and a long-term Family Dollar lease renewal.

    View details
    Clean Convenience Store With Fuel
    Clean Convenience Store With Fuel

    4203 N Abbe Road, Comins, MI 48619

    $199,900
    1,780 sqft 0.12 AC lot

    Very clean convenience store includes an above-ground fuel tank, lottery, and liquor/beer/wine sales with ample paved parking.

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    Atlanta Retail Storefront on M-32
    Atlanta Retail Storefront on M-32

    12430 State Street, Atlanta, MI 49709

    $95,000
    1,680 sqft 0.06 AC lot

    Remodeled 1680 SF retail space with high visibility.

    View details
    Established Store with Fuel Tank
    Established Store with Fuel Tank

    Comins, MI 48619

    $199,900

    Clean store with fuel, lottery, and alcohol sales.

    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.

    Mixed-Use Commercial Property with Warehouse
    Mixed-Use Commercial Property with Warehouse

    4782 Werth Road, Alpena, MI 49707

    $175,000
    3,500 sqft 0.99 AC lot

    Retail/showroom, offices, and a warehouse with large overhead door plus an upstairs 1-bedroom apartment.

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    Commercial Land with Public Sewer
    Commercial Land with Public Sewer

    1930 M-32 W, Alpena, MI 49707

    $120,000
    2.93 AC lot

    Prepared commercial parcel with public sewer and an existing graveled road along the property’s front edge.

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    Alpena Land with Complete Infrastructure
    Alpena Land with Complete Infrastructure

    NHN Crittenden Court, Alpena, MI 49707

    $1,000,000
    11.39 AC lot

    11.39 acres with complete infrastructure in Alpena's growing area.

    View details
    B-2 Commercial Land With Utilities
    B-2 Commercial Land With Utilities

    M-32/Crittenden Court lot: 6, Alpena, MI 49707

    $235,000
    3.50 AC lot

    Commercial land with municipal water, sewer, natural gas, electric service, and access from a dedicated service drive.

    View details

    Hillman, MI Retail Properties & Spaces Market Trends and Statistics

    Explore 1 retail properties & spaces for sale in Hillman, MI on our real estate platform. These investment opportunities span a total of 5,934 square feet of properties for sale, with an estimated market value of $795,000.

    Sale prices for stores in Hillman, MI average $795,000 — 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

    Storefront properties 1

    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 $795K

    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%

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