Hillman, MI
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    Hillman, MI Retail Space for Sale

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    Atlanta, MI Alpena, MI Posen, MI
    Established Sporting Goods Business For Sale
    $815,000
    5,934 SF

    Established Sporting Goods Business For Sale

    141 State Street, Hillman, MI 49746

    Reputable sporting goods business in Northern Michigan with real estate.

    • 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.
    Updated: Dec 31, 2024
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    Established Sporting Goods Business For Sale
    $815,000
    5,934 SF

    Established Sporting Goods Business For Sale

    141 State Street, Hillman, MI 49746

    Reputable sporting goods business with real estate, inventory, and goodwill.

    • 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.
    Updated: Dec 30, 2024
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    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.

    Spacious Commercial Office Building on Acres
    $225,000
    3,468 SF

    Spacious Commercial Office Building on Acres

    Large commercial building in Lewiston, suitable for various ventures.

    4890 Airport Road, Lewiston, MI 49756
    View details
    Lincoln, MI Commercial Opportunity
    $165,000
    5,150 SF

    Lincoln, MI Commercial Opportunity

    Vacant retail store with parking and storage building for sale.

    301 & 307 S Second Street, Lincoln, MI 48742
    View details
    Lewiston Commercial Property for Sale
    $149,500
    2,992 SF

    Lewiston Commercial Property for Sale

    Commercial property in Lewiston, Michigan with multiple possibilities.

    4475 Hanson Avenue, Lewiston, MI 49756
    View details
    Retail
    $165,000
    5,150 SF

    Retail

    Retail space · 5,150 SF

    301 2nd St, Lincoln, MI 48742
    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.

    $1,599,000
    900 SF

    Prime PUD-Zoned Land Opportunity

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

    3229 State Road 207, Elkton, FL 32033
    View details

    Hillman, MI Retail Space Investment Opportunities Market Analysis

    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

    Automotive properties 2
    Gas stations 2
    Grocery and convenience stores 2

    Demographics Overview

    Population 3,502
    Population Growth (5Y) +5.6%
    Median Household Income $47,776
    College Educated 17.9%

    High-Yield Neighborhoods for Strategic Investment

    Identify Hillman submarkets with the highest inventory density on the market and evaluate the median 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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