210 W Carleton Road, Hillsdale, MI 49242 (MLS# 26035609)

210 W Carleton Road, Hillsdale, MI 49242

$4,500,000

Property Type: Commercial Sale Square Footage: 46,000 Lot Size (sq. ft.): 306,662 Status: Active

Current Price: $4,500,000 List Date: 7/13/2026 Last Modified: 7/13/2026

Overview

Description

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

Supplements: 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. ... (Read more)

Listing Details MLS# 26035609

Location Property Info

County: Hillsdale
Street #: 210
Street Direction: W
Street Name: Carleton
Suffix: Road
State: MI
Zip Code: 49242
Zip (4): 5037

General Property Info

New Construction: No
Lot Measurement: Acres
Lot Acres: 7.04
Lot Square Footage: 306662
Lot Dimensions: 461 x 376 x 205 x 328 x 376 x 798
Year Built: 1973
Road Frontage: 420
Mineral Rights: Unknown
Year Remodeled: 2006
Total # Units: 6
# Fin Bldg Lvls: 44670
# of Diff Unit Floor Plans: 6
Total # Bldgs: Yes
Total SqFt: 46000
Property Use Type: Business
Full Baths: 8
Waterfront: No
School District: Hillsdale

Tax Info

Tax ID #: Tax ID #: 006-222-326-22
Taxable Value: 821600
SEV: 1013300
For Tax Year: 2026
Seller's Annual Property Tax: 48102
Tax Year: 2026
Spec Assessment & Type: N/A
Zoning: Commercial

Remarks Misc

Directions: US 12 to S on M-99 (Carlton Rd)

Additional Details

# Loading Docks/Well: 2
Total Parking Spaces: 250

More Information

Business Opportunity

# Full Time Employees: 30
# Part Time Employees: 50
Business Name: Hillsdale Market Hou
Real Estate Value ($): 2500000

Unit 1

Unit Description: Biggby
SqFt: 1859

Unit 2

Unit Description: Anytime Fitness
SqFt: 3678
# Baths: 3

Unit 3

Unit Description: Hillsdale Market Hou
SqFt: 37570

Unit 4

Unit Description: Underdogs

Unit 5

Unit Description: Food Court

Unit 6

Unit Description: Stock room
SqFt: 19320

Property Features

Property Use: Business; Investment SqFt Information: Fire Sprinkler System; Security System Uses: Bar/Tavern/Lounge; Restaurant; Retail; Other Ownership: Franchise; Trust Business Includes: Licenses; Real Estate Construction Type: Block Exterior Material: Block Roofing: Rubber Foundation: Block Below Grade: None Additional Features: Fire Sprinkler Sewer: Public Sewer Water: Public Water Utilities Attached: Electricity Connected; Natural Gas Connected Util Avail at St: None Heat Source: Natural Gas Heat Type: Forced Air Air Conditioning: Central Air Driveway: Asphalt Street Type: Paved; Public Purchase Terms Avail: Cash; Conventional Docs at List Office: Aerial Photo Docs Req Conf Agrmnt: Financials; Leases Sale Conditions: None

Listing Office: ERA Reardon Realty, L.L.C.

Listing Agent: Brittany Ostrowski

Last Updated: July - 13 - 2026

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