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    Hillsdale, MI
    Bar & Pub

    Hillsdale, MI Bars & Pubs for Sale

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    Osseo, MI Jonesville, MI Pittsford, MI Reading, MI Allen, MI Quincy, MI Camden, MI Litchfield, MI
    Shopping Center with Bar
    Updated: Jul 17
    Shopping Center with Bar

    210 W Carleton Road, Hillsdale, MI 49242

    $4,500,000
    46,000 sqft 7.04 AC lot
    46,000‑square‑foot shopping center on 7.04 acres
    Nearly 40,000 square feet of contiguous space available
    Approximately 6,000 square feet leased to established franchise tenants
    More than 13,000 vehicles pass daily
    250 parking spaces and two loading docks
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    This listing looks promising.

    Here's a quick look at some key insights for

    210 W Carleton Road, Hillsdale, MI 49242

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    • Est. Cap Rate

      5.9%
      Above avg (5.9%)

    • Est. NOI

      $267K
      Annual

    • Price @ 7% Cap

      $3.81M
      Suggested
    View Property Analytics
    Restaurant and Entertainment Redevelopment
    Updated: Jul 13
    Restaurant and Entertainment Redevelopment

    210 W Carleton Road, Hillsdale, MI 49242

    $4,500,000
    46,000 sqft 7.04 AC lot
    46,000 SF commercial property on 7.04 acres in Hillsdale’s premier retail/commercial corridor
    Approximately 6,000 SF currently leased to established franchise tenants for immediate rental income
    Nearly 40,000 SF contiguous space available, plus a brand‑new bar at the center of the available area
    250 parking spaces and 2 loading docks
    Roof replaced in 2019; block construction with forced air heat and central air conditioning
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    Bars & Pubs Entertainment Facility
    Bars & Pubs Entertainment Facility

    210 W Carleton Road, Hillsdale, MI 49242

    $10,000,000
    46,000 sqft 7.04 AC lot

    Large bar and restaurant-focused commercial property with central air, forced-air heat, and two loading docks.

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    Shopping Center with Bar
    Shopping Center with Bar

    W 210 W Carleton Road Unit SourceFi, Hillsdale, MI 49242

    $10,000,000
    46,000 sqft 7.04 AC lot

    Well-maintained shopping center with 250 parking spaces, two loading docks, and a roof replaced in 2019.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 Active listings in Hillsdale, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Turnkey Pizza Pub Restaurant
    Turnkey Pizza Pub Restaurant

    7851 Spring Arbor Road, Spring Arbor, MI 49283

    $175,000
    3,100 sqft

    Business-only sale includes MLCC-approved liquor licenses and all fixtures, furniture, and equipment for a pizza pub.

    View details
    Mixed-Use Building with Retail Tenants
    Mixed-Use Building with Retail Tenants

    109 E Cortland Street, Jackson, MI 49201

    $325,000
    7,410 sqft 0.05 AC lot

    Two established ground-floor tenants, plus expansive upper space, in a downtown Jackson mixed-use building near Jackson Coffee Company.

    View details
    Established Pizza Restaurant Business
    Established Pizza Restaurant Business

    7851 Spring Arbor Road #24-26, Spring Arbor, MI 49283

    $175,000

    Sale includes MLCC-approved liquor, beer, and wine licenses plus equipment, inventory, and operating materials.

    View details
    Downtown Bar Building
    Downtown Bar Building

    121 E Cortland Street, Jackson, MI 49201

    $260,000
    1,850 sqft 0.10 AC lot

    Established bar venue in a historic downtown building with two bathrooms and forced-air heating.

    View details

    Hillsdale, MI Bars & Pubs Market Trends and Statistics

    Explore 4 bars & pubs for sale in Hillsdale, MI, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 184,000 square feet of properties for sale, with an estimated market value of $29,000,000.

    Sale prices for pubs in Hillsdale, MI start at $4,500,000, averaging $7,250,000, and reaching up to $10,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 10
    Bars & Pubs 4
    Commercial kitchens 2
    Drive through restaurants 1

    Demographics Overview

    Population 15K
    Population Growth (5Y) -1.2%
    Median Household Income $57,813
    College Educated 36.2%

    High-Yield Neighborhoods for Investment

    Identify Hillsdale submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    49242 $6.3M

    Taxes & Financing

    Tax Rate (average for all types) 4.34%
    Property Tax per SF $69.53 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Hillsdale County

    New Delisted

    Total CRE Inventory on Market (SF)

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