Commercial SaleBusiness210 W Carleton Road, Hillsdale, MI 49242

Basics

  • Date added: Added 2 days ago
  • Category:
  • Type:
  • Status:
  • Bathrooms: 8
  • Lot size: 7.04 sq ft
  • Year built: 1973
  • Bathrooms Full: 8
  • Lot Size Acres: 7.04 acres
  • Business Name: Hillsdale Market Hou
  • Business Type: Other, Restaurant, Bar/Tavern/Lounge, Retail
  • County: Hillsdale
  • MLS ID: 25052593

Description

  • 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 add operational 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.

    Show all description

Location

  • Directions: Fayette St

Building Details

  • Building Area Total: 46000 sq ft
  • Number Of Units Total: 6
  • Construction Materials: Block
  • Heating: Forced Air
  • StoriesTotal: 9999
  • Building Features: Fire Sprinkler, Security System
  • Roof: Rubber
  • Foundation Details: Block
  • Number Of Buildings: 1

Amenities & Features

  • Parking Total: 250
  • Inclusions: Real Estate, Licenses
  • Utilities: Natural Gas Connected, Electricity Connected
  • Cooling: Central Air

Fees & Taxes

  • Tax Assessed Value: $800,000
  • Tax Year: 2025
  • Tax Annual Amount: $48,479

School Information

  • High School District: Hillsdale

Miscellaneous

  • Road Surface Type: Paved
  • CrossStreet: Fayette St.
  • Listing Terms: Conventional, Cash

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This style property is located in is currently and has been listed on Tucker Benner Realty - Our Michigan Home. This property is listed at $5,500,000. It has bedrooms, 8 baths bathrooms, and is . The property was built in 1973 year.

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