Photo 1 of 40

View all 40 photos→

Key Facts

5,934Sq Ft

$815,000

$845,000 · Price reduced

ActiveListed December 31, 2024

Request Information

First name

Last name (optional)

Email address

Phone number (optional)

I'd like to (optional)

Message

Consent & Privacy

I have read and agree to the Privacy Policy and Terms of Service.I consent to receive marketing communications from the agent and EXIT Realty, including property updates, market reports, and promotional materials, delivered via email, SMS/text message, and/or telephone (which may use automated technology or prerecorded/artificial voice). Message & data rates may apply. Consent is not a condition of submitting this inquiry. You may opt out at any time by replying STOP to text messages, using the unsubscribe link in emails, or contacting EXIT Realty.

By clicking Submit, you consent to being contacted by the agent regarding this specific inquiry using the contact information you provided.

Scan to view on your phone

Point your phone camera at the code to open this property.
Open on your phone

Description

Extremely Reputable & Established Sporting Goods Business, family owned & operated 40+ years, successfully servicing Northern Michigan. It's ideal location amidst many surrounding lakes & hunting lands makes this 6000 SF Retailer especially popular & in high demand with Hunters & Anglers. Committed to its Community, this Business is open 7 days/wk offering specialized services & contracts, boasting pride of ownership with historic profits, reconciled inventory and 10% Cap Rate! Price includes Inventory, Real Estate & Good Will. Services include DNR Licenses, Bait, Hi-Vis Wear, Boots & Clothing, Guns & Ammo, Archery & Fishing Gear & more! Store/Business Licenses subject to required approvals. Price is subject to inventory at time of closing. Business financials available upon NDA & LOI.

Property Information

Property Type

Commercial Sale

Sub-Type

Retail

Living Area

5,934 sq ft

Lot Dimensions

128 x 70

Zoning

Commercial

MLS® Listing#

201832996

Property Features

Interior

Storage

Basement

Partial

Parking

Parking LotPavedOn Street

Construction

Block

Foundation

Slab

Security

Security System

Utilities

Natural Gas Available

Sewer

Public Sewer

Financial Details

Parcel Number

044-210-000-001-00

Directions

SW Corner of State St & First St.

Affordability Calculator

Home Price

Down Payment

$163,000

Interest Rate (%)

Loan Term

Estimated monthly payment

$4,338/mo

Principal $652,000 · Est. interest $909,598 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Hillman, MI

$237,500
Median Listing Price: 51
Median Days on Market: 1,840
Median Sq Ft: $173
Median Price / Sq Ft: 23
Active Listings

This home’s price is 243% above the area median.
Its price per sq ft is 21% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Hillman, MI.

Similar Homes Nearby

$799,000
3 beds · 2 baths · 2,177 sq ft
18910 Ellis Lane, Hillman Township, MI 49746
Single Family ResidenceActive
Listing courtesy of Wildlife Realty
$799,000
3 beds · 2 baths · 2,177 sq ft
18910 Ellis Lane, Hillman, MI 49746
CabinActive
Listing courtesy of Wildlife Realty

Similar Home Values

Comparable nearby listings and their asking prices.

Address	Price	Beds	Baths	Sq Ft
18910 Ellis Lane, Hillman Township, MI	$799,000	3	2	2,177
18910 Ellis Lane, Hillman, MI	$799,000	3	2	2,177

Moving Cost Estimate

Listing Courtesy: Banner Realty - 9893561177

The data relating to real estate on this website comes in part from the Internet Data Exchange Program of the Water Wonderland MLS (WWLX). Real estate listings held by brokerage firms other than {{BROKERAGE}} are marked with the WWLX logo and the detailed information about said listing includes the listing office. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor the broker which owns this website shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. WWLX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright ©2026 Water Wonderland MLS, Inc©. All Rights Reserved.

Last Updated: 2024-12-31