Hillsdale, MI 49242,210 W Carleton Road
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Hillsdale, MI 49242,210 W Carleton Road
Hillsdale, MI 49242,210 W Carleton Road
Hillsdale, MI 49242,210 W Carleton Road
Hillsdale, MI 49242,210 W Carleton Road

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$ 5,500,000
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210 W Carleton Road Hillsdale, MI 49242

46,000 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Business And Real Estate

Listing Status Active

Purchase Type For Sale

Square Footage 46,000 sqft

Price per Sqft $119

MLS Listing ID 55025052593

Year Built 1973

Annual Tax Amount $48,479

Lot Size 7.040 Acres

Acres 7.04

Lot Dimensions 461 x 376 x 205 x 328 x 376 x 798

Property Sub-Type Business And Real Estate

Source Jackson Area Association of REALTORS®

Property Description

Prime investment opportunity in the heart of Hillsdale! The Market House is a 46,000 sq. ft. commercial property ideally situated at the city's busiest intersection just steps from Hillsdale College. This well-maintained building offers excellent visibility, high traffic, and a diverse mix of long-term tenants including Biggby Coffee and Anytime Fitness, both recently remodeled.The grocery anchor features a state-of-the-art bakery with a new oven, a made-to-order sushi station, and Underdogs?a brand-new bar located in the center of the store offering beverages to enjoy while you shop. The food court adds even more draw with Sharon's House of Pancakes, Krispy Krunchy Chicken, and Blimpie Subs.Property highlights include a meticulously maintained 250-space parking lot (resealed yearly), updated electrical systems, and a newer rubber roof (installed in 2019). Two loading docks, and dual liquor licenses (SDD & SDM Package) and a Class C addoperational versatility and income potential. Together, these licenses make the Hillsdale Market House a powerhouse for food and beverage revenue
Key Investment Highlights:

Stable, Long-Term Leases: Reliable tenants with proven performance and lease stability.

High-Traffic, Prime Location: Exceptional visibility and ample parking.

Well-Maintained Property: Recent infrastructure updates for turnkey ownership.

Turnkey Investment: Seamless management continuity available upon acquisition.

A rare opportunity to acquire one of Hillsdale's most recognizable commercial assets, positioned for continued success and future upside.

Location

State MI

County Hillsdale

Area Hillsdale

Zoning Other

Direction Fayette St

Interior

Heating Forced Air, Central Air

Heat Source Natural Gas

Exterior

Utilities Available Fire Sprinkler, Security Alarm

Roof Type Rubber

Road Frontage Paved

Building

Sewer Sewer (Sewer-Sanitary)

Water Public (Municipal)

Structure Type Block

Schools

School District Hillsdale

Others

Tax ID 00622232622

Ownership Private Owned

Acceptable Financing Cash, Conventional, Lease

Rebuilt Year 2006

Listing Terms Cash, Conventional, Lease

Financing Cash,Conventional,Lease

Special Listing Condition Unknown/Data Share Listings


Realcomp MLS
Listed by Brittany Miles-Ostrowski of ERA REARDON REALTY, L.L.C.
Realtyflo Inc

Realtyflo Inc

Brokerage | License ID: 6505386963

+1(313) 466-7253

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