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About This Home

This 0-bedroom, 8-bathroom commercial at 210 W Carleton Road in Hillsdale, MI is listed for $5,500,000 ($120 per sqft). Built in 1973, the home offers 46,000 sqft of living space on a 7.04 acres lot.

Agent 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.

Key Features

  • Built in 1973
  • 7.04 acre lot
  • 250 parking spaces

Property Details

8 full
250 spaces
1973

Amenities

A/C

Monthly Cost Estimate

$29,415/mo

20% down · 6.5% · 30 years

Principal$3,978
Interest$23,833
Insurance$1,604

Estimates only. Actual payments may vary.

Location

210 W Carleton Road

Hillsdale, MI 49242

Property Details

Construction

Block

Heating

Forced Air

Cooling

Central Air

Questions & Answers

This 0-bedroom, 8-bathroom commercial at 210 W Carleton Road is listed at $5,500,000 ($120/sqft). The estimated monthly payment is $23,833 based on 20% down at 6.5% interest.

Key features include: Built in 1973, 7.04 acre lot, 250 parking spaces.

This property is listed by Brittany Ostrowski and can be reached at 5174144461 or bmiles2a@gmail.com.

BO

Brittany Ostrowski

Agent at ERA Reardon Realty, L.L.C.

(517) 414-4461

Listed by ERA Reardon Realty, L.L.C.

MLS# 25052593· Source: listhub· Updated 231 days ago

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210 W Carleton Road, Hillsdale, MI 49242

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