210 W Carleton Road, Hillsdale, MI 49242
sale
$5,500,000
|
Other
Courtesy Of ERA REARDON REALTY, L.L.C.
910 N West Ave, Jackson, MI
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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Property Features
- Age: Over 50 Years Old
- Building Units: 6
- Cooling System: Central Air
- Exterior Type: Block
- Heating System: Forced Air
- Legal Description: COM NE COR SW1/4 SEC 22 TH S00 degrees 08'15''E ALG N-S1/4 LN 1257.7 FT TH S89 degrees 57'45''W 50 FT TO WLY R/W LN CARLETON RD......
- MLSID: 25052593
- Parking Spaces: 250
- Roof Type: Rubber
- Rooms: Bathroom 8
- Rooms: Bathroom 6
- Rooms: Bathroom 7
- Rooms: Bathroom 4
- Rooms: Bathroom 5
- Rooms: Bathroom 2
- Rooms: Bathroom 3
- Rooms: Bathroom 1
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