Retail

Hillman, MI Retail Space for Sale

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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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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Hillman, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

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.

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Remodeled Storefront Retail Building
Remodeled Storefront Retail Building

12430 State Street, Atlanta, MI 49709

$95,000
1,680 sqft 0.06 AC lot

Commercial storefront with adaptable interior space, LED lighting, and sidewalk frontage for outdoor displays.

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Retail Space on US Highway
Retail Space on US Highway

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

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Retail space available on US Highway 23 in Alpena.

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Retail Property for Sale
Retail Property for Sale

933 W. Chisholm, Alpena, MI 49707

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Commercial retail property available for sale at 933 W. Chisholm in Alpena, Michigan.

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Hillman, MI Retail Space Market Trends and Statistics

Explore 1 retail space 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 retail space 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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