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210 W Carleton Road
Hillsdale, MI 49242

$5,500,000 - Status: Active
MLS# 25052593

Prime investment opportunity in the heart of Hillsdale! The Market House is a 46,000 sq. ft. commercial property ideally situated at the citys 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 Sharons 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 revenueKey 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 Hillsdales most recognizable commercial assets, positioned for continued success and future upside.

Property Features

MLS#: 25052593
Zip: 49242
Subdivision:
Development: Hillsdale City
Property Type: Commercial - Retail
Cooling: Central Air
Days on Site: 201
Heating: Forced Air
Lot Size: 7.04 acres
Roof Type: Rubber
Taxes: $48,479
Year Built: 1973

Feature Descriptions

Business Type: Other, Restaurant, Bar/Tavern/Lounge, Retail
Exterior: Block
Foundation: Block
Lot Dimensions: 461 x 376 x 205 x 328 x 376 x 798
Parcel Number: 006-222-326-22
Parking Total: 250
Road Surface: Paved
Sub Type: Business
Units: 6
Utilities: Natural Gas Connected, Electricity Connected

Local Schools

School District: Hillsdale

210 W Carleton Road | MLS# 25052593

This commercial property located at 210 W Carleton Road, Hillsdale, MI 49242 is currently listed for sale with an asking price of $5,500,000. W Carleton Road is located within the Hillsdale school district. Search Hillsdale real estate on www.coldwellbanker1stchoice.com today.

Listed By / Shown By

Listed By

Agency Name: ERA Reardon Realty, L.L.C.
Agent Name: Brittany Ostrowski

Shown By

Agency Title: Coldwell Banker 1st Choice
Agency Phone: (219) 324-2121

IDX logoThe property comes from the Member MLS's of the Michigan Regional Information Center, LLC (MichRIC). Copyright 2026 Michigan Regional Information Center, LLC (MichRIC). All rights reserved. Information deemed reliable, but not guaranteed. Data Last Updated 05/03/2026.

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