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    Hillsdale, MI
    Commercial Kitchen

    Hillsdale, MI Commercial Kitchens for Sale

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    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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    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

      5.8%
      NOI ÷ price

    • Est. NOI

      $261K
      Annual

    • Price @ 7% Cap

      $3.72M
      Suggested
    View Property Analytics
    Restaurant and Entertainment Facility
    Updated: Jul 13
    Restaurant and Entertainment Facility

    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, built in 1973, located on Hillsdale’s retail and commercial corridor
    Roof replaced in 2019; 250 parking spaces and two loading docks for convenient loading and customer access
    Approximately 6,000 SF leased to established franchise tenants for existing income, with nearly 40,000 SF contiguous space available
    Brand‑new bar at the center of the available space, with space suited for food, beverage, hospitality, and entertainment concepts
    Food and production amenities include a dedicated bakery, commercial catering kitchen, and full‑service restaurant kitchen
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    Turnkey Restaurant Franchise Suite
    Turnkey Restaurant Franchise Suite

    3600 W Carleton Road, Hillsdale, MI 49242

    Contact for pricing

    Dual-brand Cinnabon and Auntie Anne’s operation inside a new Meijer, offered as a business and trade fixtures sale.

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    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 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.

    Event Venue with Commercial Kitchen
    Event Venue with Commercial Kitchen

    19697 F Drive S, Marshall, MI 49068

    $850,000
    9,603 sqft 1.40 AC lot

    Renovated event and banquet facility includes a fully functional commercial kitchen, banquet hall, offices, elevator, and storage.

    View details
    Turnkey Restaurant and Bar Property
    Turnkey Restaurant and Bar Property

    12227-12229 Seymour Road, Grass Lake, MI 49240

    $750,000
    5,310 sqft 1.09 AC lot

    Fully operational restaurant and bar with commercial kitchen, liquor license, and multiple indoor and outdoor seating areas.

    View details
    Restaurant and Bar with Residence
    Restaurant and Bar with Residence

    12229 Seymour Road, Grass Lake, MI 49240

    $750,000
    1.96 AC lot

    Fully equipped hospitality property with indoor and outdoor seating, commercial kitchen infrastructure, and an adjacent ranch home.

    View details
    Event Venue with Commercial Kitchen
    Event Venue with Commercial Kitchen

    19697 F Drive S, Marshall, MI 49068

    Contact for pricing
    9,603 sqft

    Fully renovated event facility with banquet space and an equipped commercial kitchen, plus a newly renovated 4-bedroom home.

    View details

    Hillsdale, MI Commercial Kitchens Market Trends and Statistics

    Explore 3 commercial kitchens for sale in Hillsdale, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 92,000 square feet of properties for sale, with an estimated market value of $9,000,000.

    Sale prices for industrial kitchens in Hillsdale, MI average $4,500,000 — 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 11
    Bars & Pubs 4
    Commercial kitchens 3
    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 $4.5M

    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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