Hillsdale, MI 49242,210 W Carleton RD
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Hillsdale, MI 49242,210 W Carleton RD
Hillsdale, MI 49242,210 W Carleton RD
Hillsdale, MI 49242,210 W Carleton RD
Hillsdale, MI 49242,210 W Carleton RD
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$ 5,500,000
Est. payment /mo
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210 W Carleton RD Hillsdale, MI 49242

8 Baths

46,000 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type BusinessandRealEstate

Listing Status Active

Purchase Type For Sale

Square Footage 46,000 sqft

Price per Sqft $119

MLS Listing ID 55025052593

Year Built 1973

Lot Size 7.040 Acres

Acres 7.04

Property Sub-Type BusinessandRealEstate

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 Area30072Hillsdale

Interior

Heating ForcedAir, NaturalGas

Cooling CentralAir

Exterior

Parking Features Asphalt

Utilities Available ElectricityConnected, NaturalGasConnected

View Y/N No

Roof Type Rubber

Building

Foundation Block, None

Sewer PublicSewer

Water Public

New Construction No

Schools

High Schools Hillsdale

School District Hillsdale

Others

Ownership Franchise,Trust

Acceptable Financing Cash, Conventional, Lease

Listing Terms Cash, Conventional, Lease

Special Listing Condition Standard


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

Charles Laird

Broker Associate | License ID: 6502364516

+1(248) 431-0544

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210 W Carleton RD