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A-1 Sporting Goods 141 N State St 5,934 SF Retail Building Hillman, MI 49746 $815,000 ($137.34/SF)



EXECUTIVE SUMMARY
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 FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
5,934 SF
Building Class
B
Year Built
1955
Price
$815,000
Price Per SF
$137.34
Tenancy
Single
Building Height
1 Story
Building FAR
0.68
Lot Size
0.20 AC
Zoning
Commercial - Commercial Zoned District
Parking
10 Spaces (1.69 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Security System
- Signage
- Tenant Controlled HVAC
- Storage Space
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 044-210-000-001-00 | Improvements Assessment | $114,500 |
| Land Assessment | $27,900 | Total Assessment | $142,400 |
PROPERTY TAXES
Parcel Number
044-210-000-001-00
Land Assessment
$27,900
Improvements Assessment
$114,500
Total Assessment
$142,400
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A-1 Sporting Goods | 141 N State St
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