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$5,500,000
New Listing

210 W Carleton Road
Hillsdale, MI 49242

For Sale|Business|Active
0
Beds
8
Total Baths
8
Full Baths
46,000
SqFt
$120
/SqFt
1973
Built
County:
Hillsdale
Listing courtesy of Brittany Miles-Ostrowski of ERA REARDON REALTY, L.L.C.

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210 W Carleton Road210 W Carleton Road210 W Carleton Road210 W Carleton Road
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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 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.

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Listing Snapshot
Price 
$5,500,000
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
46,000 sqft
Total Baths 
8
Full Baths 
8
Partial Baths 
N/A
Lot Size 
7.04 Acres
Year Built 
1973
MLS® Number 
25052593
Status 
Active
Property Tax 
$48,479
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 hours agoListing first seen on site
4 hours agoListing updated with changes from the MLS®
General Features
Acres 
7.04
Building Features 
Fire SprinklerSecurity System
Cross Street 
Fayette St.
Foundation 
Block
Parking 
Asphalt
Parking Spaces 
250
Property Sub Type 
Business
Security 
Security SystemFire Sprinkler System
Sewer 
Public Sewer
SqFt Total 
46000
Utilities 
Natural Gas AvailableNatural Gas ConnectedElectricity Connected
Water Source 
Public
Zoning 
Commercial
Interior Features
Cooling 
Central Air
Heating 
Natural GasForced Air
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Exterior Features
Construction Details 
Block
Frontage 
420.0
Roof 
Rubber
Community Features
Financing Terms Available 
ConventionalCash
MLS Area 
Hillsdale County - X
Roads 
Paved
School District 
Hillsdale
Township 
Hillsdale City
Schools
School District
Hillsdale
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Brittany Miles-Ostrowski of ERA REARDON REALTY, L.L.C.



Listing information is provided by Participants of the MichRIC MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, MichRIC MLS.
Last checked: 2025-10-13 05:54 PM UTC

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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