210 W Carleton Road Hillsdale, MI $ 4,500,000
210 W Carleton Road
$ 4,500,000
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210 W Carleton Road

Hillsdale, MI, 49242
$ 4,500,000
Bedrooms-- Baths8.0

Monthly Estimate*

$ 28,413

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Commercial Property for sale in Hillsdale, MI

for $4,500,000 with 8 full baths. This building was built in 1973 on a lot size of 7.04.

A landmark commercial opportunity unlike anything else currently available in Southern Michigan. Positioned on 7.04 acres in Hillsdale's premier retail and commercial corridor, this exceptional 46,000-square-foot property offers the ideal combination of existing income, premium infrastructure, and extraordinary redevelopment potential. With over 13,000 vehicles passing daily, outstanding visibility, easy access, 250 parking spaces, two loading docks, and a roof replaced in 2019, this well-maintained commercial asset is perfectly positioned to serve both the local community and the surrounding region. Approximately 6,000 square feet is currently leased to established franchise tenants, providing immediate rental income, while nearly 40,000 square feet of contiguous space is available for its next visionary concept. At the center of the available space is a brand-new bar, creating an incredible focal point for entertainment, hospitality, or mixed-use development. Whether your vision includes a barcade, golf simulator venue, brewery, food hall, live music venue, sports lounge, indoor recreation center, pickleball or athletic facility, event center, family entertainment venue, specialty retail marketplace, indoor artisan market, or a one-of-a-kind destination experience, this property offers the flexibility to bring it to life. Purpose-built for food, beverage, hospitality, and entertainment concepts, the property features a dedicated bakery, commercial catering kitchen, and full-service restaurant kitchen, providing an exceptional foundation for future operations. Existing equipment is negotiable and is not included in the purchase price. Sale includes the existing Class C, SDD, and SDM Package liquor licenses, offering exceptional flexibility for restaurant, retail, and entertainment, and hospitality concepts. Whether you're expanding an established brand, launching an innovative entertainment concept, creating a culinary destination, or developing Hillsdale's next iconic gathering place, this property delivers the size, visibility, infrastructure, licensing, parking, and location to make that vision a reality. Opportunities of this scale, quality, and versatility are exceptionally rare.

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Commercial Active

Price

$ 4,500,000

Full Bath

8

Property Type

Commercial

Taxes

$ 48,102

Style

Business

Lot Size

7.04

Year Built

1973

Town/City

Hillsdale

County/Region

Hillsdale

MLS | Web ID

26035609

Features
General
Heating Forced Air
Cooling Central Air
Utilities Natural Gas Connected Electricity Connected
Roof Rubber
Construction Materials Block
Exclusions All inventory is excluded.
Year Built 1973
Township Hillsdale City
Property Subtype Business
Tax Year 2026
Business Type Other Restaurant Bar/Tavern/Lounge Retail
Business Name Hillsdale Market Hou
County Hillsdale
New Construction N
Property Type Commercial Sale
Building Features Fire Sprinkler Security System
Full Baths 8
Status Active
Directions US 12 to S on M-99 (Carlton Rd)
City Hillsdale
High School District Hillsdale
Zoning Description Commercial
Number Of Units Total 6
Lot Size Units Acres
Lot Size Square Feet 306662.0
Listing Terms Conventional Cash
Land Lease Y/N N
Tax Annual Amount 48102.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N Y
Rent Control Y/N N
Availability Date 2026-07-13
Standard Status Active
Occupancy Type Owner
Tax Assessed Value 821600
Ownership Type Trust Franchise
Legal Description Com NE Cor SW1/4 Sec 22 TH S00°08'15''E Alg N-S1/4 LN 1257.7 Ft TH S89°57'45''W 50 Ft To Wly R/W Ln Carlton Rd ---
Senior Community None
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Exterior
Total Parking 250.0
Inclusions Real Estate Licenses
Lot Size Area 7.04
Foundation Details Block
Number of Buildings 1
Spa N
Building Area Total 46000.0
Lot Dimensions 461 x 376 x 205 x 328 x 376 x 798
Lot Size Acres 7.04
Road Surface Type Paved
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 9999
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 8
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Internal Only
Street Number 1 210
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* Excluded Features
List By
Era Reardon Realty, L.L.C.

Broker

bmiles2a@gmail.com

Email

Affordability Calculator

$32,422
Per Month
88%
12%
0%
Monthly Principal & Interest
$28,413
Monthly Property Taxes
$4,009
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
249785 Elementary School
250497 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/13/2026$4,500,000 Listed Price

Map


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210 W Carleton Road, Hillsdale, MI, 49242 is a Commercial Property for sale at $4,500,000 with a lot size of 7.04. 210 W Carleton Road has 8.0 baths and was built in 1973. The property's zip code is 49242 which is in Hillsdale, MI