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$5,500,000
2 Days On Site

210 W Carleton Road
Hillsdale City, MI 49242

For Sale|Business|Active
0
Beds
8
Total Baths
46,000
SqFt
$120
/SqFt
1973
Built
County:
Hillsdale
Call Now: (248) 277-4226
Is this the listing for you? We can help make it yours.
(248) 277-4226
210 W Carleton Road210 W Carleton Road210 W Carleton Road210 W Carleton Road
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Monthly Payment (Est.)

$25,093
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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.

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Listing Snapshot
Price 
$5,500,000
Days On Site 
2 Days
Bedrooms 
N/A
Inside Area (SqFt) 
46,000 sqft
Total Baths 
8
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
7.04 Acres
Year Built 
1973
MLS® Number 
55025052593
Status 
Active
Property Tax 
$48,479
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 days agoListing updated with changes from the MLS®
2 days agoListing first seen on site
General Features
Acres 
7.04
Additional Property Use 
Investment
Building Features 
FireSprinkler
Cross Street 
Fayette St.
Disclosures 
Documents Require Confidentiality Agreement, Mineral Rights
Foundation 
BlockNone
Parking 
Asphalt
Parking Spaces 
250
Property Sub Type 
Business
Security 
Fire Sprinkler SystemSecurity System
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
46000
Utilities 
Electricity ConnectedNatural Gas Connected
Water Source 
Public
Zoning 
Other
Interior Features
Cooling 
Central Air
Heating 
Forced AirNatural Gas
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Exterior Features
Construction Details 
Block
Roof 
Rubber
Community Features
Financing Terms Available 
CashConventionalLease Option
MLS Area 
Area30072Hillsdale
Roads 
Paved
School District 
Hillsdale
Schools
School District
Hillsdale
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of ERA REARDON REALTY, L.L.C.: [email protected]



IDX provided courtesy of Realcomp II Ltd. via JacksonAreaAssociationofREALTORS. Copyright © 2025 Realcomp II Ltd. Shareholders.

IDX 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 and that the data is deemed reliable but not guaranteed accurate by the MLS.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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