Retail

Hillman, MI Retail Properties & Spaces for Sale

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Sporting Goods Storefront
Updated: Dec 31, 2024
Sporting Goods Storefront

141 State Street, Hillman, MI 49746

$795,000
5,934 sqft
10% cap rate
Family‑operated sporting goods business with more than 40 years serving Northern Michigan
Open seven days a week
Products include firearms and ammunition, archery and fishing gear, clothing, boots, bait, and DNR licenses
Sale includes real estate, business goodwill, and inventory; inventory is subject to the amount on hand at closing
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1 active listing matches your search: Retail for sale in Hillman, MI. Based on your search, we've also compiled 8 Potential Opportunities for your consideration: 4 properties in nearby cities and 4 land listings with development potential.

Opportunities in Nearby Cities

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

4-Unit Strip Mall with Overhead Door
4-Unit Strip Mall with Overhead Door

2581 S US 23, Alpena, MI 49707

$299,500
10,000 sqft 0.64 AC lot

B-2-zoned retail property with a paved parking lot and public sewer.

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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.

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Commercial Land with Garage
Commercial Land with Garage

629 & 635 W Chisholm Street, Alpena, MI 49707

$349,500
0.20 AC lot

A business-zoned parcel has an existing block garage and public sewer service.

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Remodeled Storefront with Flexible Layout
Remodeled Storefront with Flexible Layout

12430 State Street, Atlanta, MI 49709

$95,000
1,680 sqft 0.06 AC lot

Remodeled commercial storefront with adaptable interior space, public sewer, and visibility along M-32 near M-33.

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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.

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.

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Commercial Land with Utilities
Commercial Land with Utilities

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

$235,000
3.50 AC lot

B2-zoned land has municipal water, sewer, natural gas, and electric service.

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Commercial Land with Infrastructure
Commercial Land with Infrastructure

M-32/Crittenden Court lot: 7, Alpena, MI 49707

$235,000
3.49 AC lot

B-2 commercial land with municipal utilities, natural gas, electric service, and access near Alpena’s M-32 corridor.

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Commercial Land with Utilities
Commercial Land with Utilities

M-32/Crittenden Court lot: 8, Alpena, MI 49707

$175,000
1.74 AC lot

B-2 commercial land with municipal utilities, natural gas, electric service, and access from M-32 and Crittenden Court.

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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%

Listings Trend

New vs delisted commercial listings in Montmorency County

New Delisted

Total CRE Inventory on Market (SF)

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