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    Hillsdale, MI
    Grocery Store

    Hillsdale, MI Grocery And Convenience Stores for Sale

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    Mixed-Use Market House Center
    Updated: Jul 1
    Mixed-Use Market House Center

    210 W Carleton Road, Hillsdale, MI 49242

    $5,500,000
    46,000 sqft
    46,000 SF commercial property (built 1973) at Hillsdale’s busiest intersection, steps from Hillsdale College
    Grocery anchor includes a state‑of‑the‑art bakery with new oven, made‑to‑order sushi station, and new in‑center bar
    Food court includes Sharon’s House of Pancakes, Krispy Krunchy Chicken, and Blimpie Subs; tenants also include Biggby Coffee and Anytime Fitness
    250‑space parking lot resealed yearly, plus 2 loading docks for tenant access
    Updated electrical systems and rubber roof installed in 2019
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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

      4.9%
      NOI ÷ price

    • Est. NOI

      $267K
      Annual

    • Price @ 7% Cap

      $3.81M
      Suggested
    View Property Analytics
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Hillsdale, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Turnkey Convenience Store Opportunity
    Turnkey Convenience Store Opportunity

    288 N Ray Quincy Road, Quincy, MI 49082

    $325,000
    2,280 sqft 1.00 AC lot

    Fully equipped convenience store in high-traffic location near Marble Lake.

    View details
    Retail Plaza with Grocery Anchor
    Retail Plaza with Grocery Anchor

    325 Railroad Street, Hudson, MI 49247

    $7,000,000
    56,000 sqft 5.05 AC lot

    Immaculately maintained retail plaza anchored by a grocery market with multiple in-store tenants and ample on-site parking.

    View details
    Retail Plaza with Grocery Anchor
    Retail Plaza with Grocery Anchor

    325 Railroad Street, Hudson, MI 49247

    $7,000,000
    59,000 sqft

    Freestanding retail plaza anchored by a grocery store with attached pharmacy, plus a 2,700 SF available unit.

    View details
    Turnkey Convenience Store Business
    Turnkey Convenience Store Business

    288 N Ray Quincy Road, Quincy, MI 49082

    $325,000

    Turnkey convenience store offering groceries, prepared food, and a stocked beer and liquor selection.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Zoned C-2 Development Land
    Zoned C-2 Development Land

    3845 Weatherwax Drive, Jackson, MI 49203

    $175,000
    2.52 AC lot

    Development land with approximately 263 feet of road frontage and C-2 zoning, offering multiple ingress and egress options.

    View details
    Commercial Land with Road Frontage
    Commercial Land with Road Frontage

    3845 Weatherwax Drive, Jackson, MI 49203

    $325,000
    6.79 AC lot

    Commercial land in Summit Township with approximately 528 feet of road frontage and C-2 zoning.

    View details
    Corner Commercial Land Parcel
    Corner Commercial Land Parcel

    108 Cooper Street, Jackson, MI 49201

    $1,000,000
    3,672 sqft 1.32 AC lot

    1.32-acre corner parcel on a downtown business loop with stoplight access to both W Michigan Ave and E Michigan Ave.

    View details
    Commercial Land Development Opportunity
    Commercial Land Development Opportunity

    5249 Willis Road, Ypsilanti, MI 48197

    Contact for pricing
    2.25 AC lot

    Commercially zoned land in growing residential area.

    View details

    Hillsdale, MI Grocery And Convenience Stores Market Trends and Statistics

    Explore 1 grocery and convenience stores for sale in Hillsdale, MI on our real estate platform. These investment opportunities span a total of 46,000 square feet of properties for sale, with an estimated market value of $5,500,000.

    Sale prices for supermarkets in Hillsdale, MI average $5,500,000 — 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

    Storefront properties 4
    Shopping centers 2
    Auto shops 1
    Automotive properties 1
    Grocery and convenience stores 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 $2.9M

    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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