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27610404
27610402

210 W Carleton Road, Hillsdale, MI 49242

RR
MI 6502125494, MI
ERA Reardon Realty
Listed by ERA Reardon Realty
$5,500,000
231 days on market
Updated 80 days ago
Opportunity zone

210 W Carleton Road

Details
APN 006-222-326-22
Property Type Retail
Sub Type Commercial, Business Opportunity
Square Footage 46,000
Units 6
Price per SqFt $120
Year Built 1973
Year Renovated 2006
Buildings 1
Acreage 7.040
Zoning Commercial
Parking Spaces 250 spaces
Parking Per SqFt 5.43

Retail | 46,000 SqFt

Marketing 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

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.
  • Loading Docks: 2

Listing Contacts

RR
MI 6502125494, MI
ERA Reardon Realty
Listed by ERA Reardon Realty

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