210 W Carleton RD, Hillsdale City, MI 49242 - MLS#55025052593

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Tue

Nov

Wed

Nov

Thu

Nov

Coldwell Banker Town & Country Real Estate

karengillrealestate@gmail.com +1(810) 397-4451

$5,500,000

Est. payment - /mo

8 Baths

46,000 SqFt

Save

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 Sqft

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

Schools

School District Hillsdale

Others

Ownership Franchise,Trust

Acceptable Financing Cash, Conventional, Lease

Listing Terms Cash, Conventional, Lease

Special Listing Condition Standard

Read Less Info

Listed by Brittany Miles-Ostrowski of ERA REARDON REALTY, L.L.C.

Get More Information

Coldwell Banker Town & Country Real Estate

+1(810) 397-4451

Broker | License ID: 308761

Broker License ID: 308761

Quick Search

210 W Carleton RD Hillsdale City, MI 49242

Coldwell Banker Town & Country Real Estate

Key Details

Location

Interior

Exterior

Building

Schools

Others

Get More Information