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    Hillman, MI Storefront Properties 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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    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 9 Potential Opportunities for your consideration. Besides 1 Active listings in Hillman, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 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
    Downtown Alpena Mixed-Use Building
    Downtown Alpena Mixed-Use Building

    105 N 2nd Avenue, Alpena, MI 49707

    $530,000
    3,662 sqft

    Historic building with retail space and renovated apartment.

    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.

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    Historic Mixed-Use Storefront
    Historic Mixed-Use Storefront

    105 N 2nd Ave, Alpena, MI 49707

    $530,000

    Downtown mixed-use building offers a ready lower-level space and an updated upstairs apartment with skylights.

    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.

    Commercial Land Near M-32
    Commercial Land Near M-32

    1930 M-32 W, Alpena, MI 49707

    $120,000
    2.93 AC lot

    2.93 acre commercial land with B2 zoning near M-32.

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    Prime Commercial Land in Alpena
    Prime Commercial Land in Alpena

    Alpena, MI 49707

    $329,500
    768 sqft

    Double lot near downtown Alpena, ready for development.

    View details
    Alpena Commercial Land For Sale
    Alpena Commercial Land For Sale

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

    $175,000
    1.74 AC lot

    Commercial land with complete infrastructure in a high-traffic area.

    View details
    Commercial Land with I-75 Off-Ramp Frontage
    Commercial Land with I-75 Off-Ramp Frontage

    VL Johnson Road, Gaylord, MI 49735

    $150,000
    0.64 AC lot

    B-2 zoned commercial land with I-75 visibility at the Gaylord interchange, supported by MDOT 2024 traffic counts.

    View details

    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%

    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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