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    Hillman, MI Retail Space for Sale

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    Lachine, MI Atlanta, MI Alpena, MI
    Established Sporting Goods Business For Sale
    Updated: Dec 31, 2024
    Established Sporting Goods Business For Sale

    141 State Street, Hillman, MI 49746

    $815,000
    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.
    View details
    Established Sporting Goods Business For Sale
    Updated: Dec 30, 2024
    Established Sporting Goods Business For Sale

    141 State Street, Hillman, MI 49746

    $815,000
    5,934 sqft
    Established sporting goods business with 40+ years of operation and a strong reputation.
    Prime location near lakes and hunting lands in Northern Michigan, catering to hunters and anglers.
    Includes real estate, inventory, and goodwill in the sale price.
    Proven profitability with historic profits and an impressive 10% Cap Rate.
    Comprehensive services offered, including DNR licenses, bait, hunting/fishing gear, and more.
    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 2 Active listings in Hillman, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 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
    Commercial Parcel with Existing Building
    Commercial Parcel with Existing Building

    1747 M 32 West Alpena, Alpena, MI 49707

    $295,000
    1,600 sqft · 1.00 AC lot

    A high-traffic commercial parcel with an existing 1,600 SF building and drive access from two roadways.

    View details
    Remodeled Retail Storefront Building
    Remodeled Retail Storefront Building

    12430 State St, Atlanta, MI 49709

    $95,000
    1,680 sqft

    Flexible remodeled retail space with removable interior walls, high-visibility signage, and sidewalks suited for outdoor displays.

    View details
    Retail Space on US Highway
    Retail Space on US Highway

    2205-2219 US Highway 23 |, Alpena, MI 49707

    Contact for pricing

    Retail space available on US Highway 23 in Alpena.

    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.

    Prime PUD-Zoned Land Opportunity
    Prime PUD-Zoned Land Opportunity

    3229 State Road 207, Elkton, FL 32033

    $1,599,000
    900 sqft · 2.07 AC lot

    2.07 acres of PUD-zoned land in a growing corridor.

    View details

    Hillman, MI Retail Space Market Trends and Statistics

    Explore 2 retail space for sale in Hillman, MI on our real estate platform. These investment opportunities span a total of 11,868 square feet of properties for sale, with an estimated market value of $1,630,000.

    Sale prices for retail space in Hillman, MI start at $815,000, averaging $815,000, and reaching up to $815,000 — 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

    Automotive properties 3
    Auto shops 2
    Gas stations 1
    Grocery and convenience stores 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 $815K

    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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