MI
Hillsdale
Hillsdale City
49242
210 W Carleton Road
210 W Carleton Road, Hillsdale City, MI 49242
Share Listing
Listing Type
Commercial/Industrial
Listing Status
active
212
$5,500,000

Home Details for 210 W Carleton Road

Price
$5,500,000
Type
Business Opportunity
Bedrooms
0
Bathrooms
8.0
Square feet
NaN
Year built
1973
Lot size acres
7.04
County
Hillsdale
Garage
Days on site
135
MLS Listing#
55025052593
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.

Property Features
  • Heating Information
    • Forced Air
    • Natural Gas
  • Utilities
    • Electricity Connected
    • Natural Gas Connected
  • Cooling Information
    • Central Air
  • Water Features
    • Public
  • Parking
    • Asphalt
Listing Courtesy: ERA REARDON REALTY, L.L.C. - 517-782-2996
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EXIT REALTY GROUP
489 W Nepessing Street, Lapeer, MI 48446
Office
810 245 2600
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