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    210 W Carleton Rd Hillsdale, MI 49242

    For Sale
    $5,500,000

    COMMERCIAL - Hillsdale, MI

    Property size:
    46,000 SF
    Lot size:
    7.04 Acres
    Days on Market:
    54
    Last Refresh:
    Dec 5 at 6:06 am

    Property Features for 210 W Carleton Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 2, Bathroom 5, Bathroom 3, Bathroom 8, Bathroom 7, Bathroom 6, Bathroom 1, Bathroom 4
    Bathrooms
    8
    APN
    006-222-326-22
    Parking
    250
    Size
    46,000 SF
    Lot size
    7.04 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1973
    Number of units
    6
    Building materials
    Block
    Roof type
    Rubber

    ERA REARDON REALTY, L.L.C. (517) 782-2996

    Listing agent Brittany Ostrowski (517) 414-4461

    Listing date Oct 13, 2025

    Copyright © 2025 Montcalm County Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Hillsdale Market House Investment Opportunity

    Located in Hillsdale, Michigan, The Market House is a 46,000 sq. ft. commercial property. Situated at the city's busiest intersection and steps from Hillsdale College, the property benefits from excellent visibility and high traffic. The building hosts a mix of long-term tenants, including Biggby Coffee and Anytime Fitness, both recently remodeled. A grocery anchor features a state-of-the-art bakery with a new oven, a made-to-order sushi station, and Underdogs, a bar located in the center of the store. The food court includes Sharon's House of Pancakes, Krispy Krunchy Chicken, and Blimpie Subs. The property includes a meticulously maintained 250-space parking lot that is resealed yearly, updated electrical systems, and a newer rubber roof installed in 2019. Two loading docks, dual liquor licenses (SDD & SDM Package) and a Class C add operational versatility and income potential. The property is positioned for continued success and future upside.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Anytime Fitness Gym Jakes Fireworks Fireworks Store BIGGBY COFFEE Restaurant Krispy Krunchy Chicken Chicken Restaurant Underdogs American Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Coinstar Kiosk - Bitcoin ATM

    Location Insight

    • Map
    • Local Demand
    City
    Hillsdale
    County
    Hillsdale
    State
    Michigan
    Longitude
    -84.642844
    Latitude
    41.930105

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    FAQs

    What type of property is this?
    Shopping center - 46,000 sq ft commercial property near Hillsdale College.
    Where is this shopping center located?
    The property is located at 210 W Carleton Rd Hillsdale, MI.
    What is the asking price?
    The asking price for this property is $5,500,000.
    What are key features of this property?
    This property features: - Prime location at the city's busiest intersection, steps from Hillsdale College, offering exceptional visibility and high traffic.; - Stable, long-term leases with reliable tenants including Biggby Coffee, Anytime Fitness, and a grocery anchor with unique features.; - Well-maintained property with recent updates including a newer rubber roof (2019), updated electrical systems, and a meticulously maintained parking lot.
    (517) 414-4461
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    210 W Carleton Rd Hillsdale, MI 49242
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    Hillsdale, MI 49242
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    210 W Carleton Rd Hillsdale, MI 49242
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