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Hillman, MI Storefront Properties for Sale

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

141 State Street, Hillman, MI 49746

$795,000
5,934 sqft
5,934 SF retail storefront
Operating sporting goods business serving hunters and anglers
Family‑owned operation with 40+ years of history
10% cap rate
Commercial zoning with block construction
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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 6 Potential Opportunities for your consideration. Besides 1 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.

Storefront Property with Upper-Level Space
Storefront Property with Upper-Level Space

123 W Chisholm Street, Alpena, MI 49707

$800,000
10,820 sqft 0.14 AC lot

Open main-level layout with additional upper-level space and on-site parking.

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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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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.

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 Storefront Properties Market Trends and Statistics

Explore 1 storefront properties 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 units 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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