Conventional Restaurant

Hillsdale, MI Conventional Restaurants for Sale

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Family Restaurant with Party Space
Updated: Jul 17
Family Restaurant with Party Space

3883 W Carleton Road, Hillsdale, MI 49242

$475,000
4,000 sqft
Operating Cottage Inn Pizza franchise with dine‑in, carryout, and delivery
4,000 square feet; built in 2004
Seating for over 110 with a rated guest capacity of 99
Indoor play place for children under 11
Private party blocks accommodate groups of approximately 12, 16, or 24
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Golf and Family Entertainment Property
Updated: Mar 16
Golf and Family Entertainment Property

3883 W Carleton Road, Hillsdale, MI 49242

$1,300,000
13,000 sqft 13.00 AC lot
13‑acre property with 13,000 square feet of improvements
Cottage Inn Pizza restaurant with seating for over 110
Indoor arcade, laser tag, axe throwing, party rooms, and children’s play area
Go‑karts, bumper boats, 18‑hole mini golf, and driving range
Bumper boat pool upgraded in 2024 with more than 20 gas‑powered boats
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Dual-Brand Bakery Restaurant Business
Dual-Brand Bakery Restaurant Business

3600 W Carleton Road, Hillsdale, MI 49242

$275,000
671 sqft 0.02 AC lot

Equipped Cinnabon and Auntie Anne’s operation inside Meijer with a five-year lease, utilities included, and extension options.

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See hot listings in Hillsdale

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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Mixed-Use Property with New Bar
Mixed-Use Property with New Bar

210 W Carleton Rd, Hillsdale, MI 49242

$4,500,000
46,000 sqft

Large commercial property with restaurant kitchens, bakery space, liquor licenses, loading docks, and extensive parking.

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Ethan’s Donut and Ice Cream Business
Ethan’s Donut and Ice Cream Business

45 N Broad Street, Hillsdale, MI 49242

$149,000
5,146 sqft 0.19 AC lot

Established bakery operation with commercial production equipment, display fixtures, and a lease option for the existing space.

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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 5 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.

Restaurant with Road Frontage
Restaurant with Road Frontage

13350 Spring Arbor Road, Concord, MI 49237

$350,000
1,618 sqft 2.00 AC lot

Established restaurant operation with recent roof, electrical, sidewalk, and exterior lighting improvements.

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Restaurant with Front Patio
Restaurant with Front Patio

222 S Main Street, Reading, MI 49274

$279,000
1,150 sqft 0.28 AC lot

Established restaurant offering pizza and ice cream with updated customer-facing improvements.

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Restaurant with Road Frontage
Restaurant with Road Frontage

13350 Spring Arbor Rd, Concord, MI 49237

$350,000
1,618 sqft 2.00 AC lot

Equipped restaurant with seating, recent building upgrades, and established food-service infrastructure.

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Updated Restaurant with Front Patio
Updated Restaurant with Front Patio

222 S Main St, Reading, MI 49274

$279,000
1,150 sqft

Established pizza and ice cream operation with recent equipment and exterior improvements.

View details

Hillsdale, MI Conventional Restaurants Market Trends and Statistics

Explore 5 conventional restaurants for sale in Hillsdale, MI, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 68,817 square feet of properties for sale, with an estimated market value of $6,699,000.

Sale prices for conventional restaurants in Hillsdale, MI start at $149,000, averaging $1,339,800, and reaching up to $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 5
Bars & Pubs 2
Commercial kitchens 2
Drive through restaurants 2

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 $2.4M

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)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Hillsdale County

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