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    Hillsdale Retail Space For Sale Title is generated by Realmo AI

    3883 W Carleton Road, Hillsdale, MI 49242

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    For Sale
    $1,300,000

    Retail - Hillsdale, MI

    Type:Retail
    Property size:
    13,000 SF
    Lot size:
    13.00 Acres
    Price / SF:
    $100/SF
    Added:
    Mar 16, 2026
    Days on Market:
    104
    Last Refresh:
    Jun 27 at 7:06 am

    Property Features for 3883 W Carleton Road

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Zoning
    B4/B3
    Parking
    100
    Parking features
    Paved or Surfaced
    Exterior features
    Outdoor Storage
    Standard status
    Active
    APN
    006-216-200-03
    Size
    13,000 SF
    Lot size
    13.00 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    13690

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    2004
    Building materials
    Block, Concrete, Metal Siding, Vinyl Siding
    Roof type
    Composition, Metal
    Architectural style
    Other

    We can help!

    Contact an agent
    Doug Beiswanger
    Doug Beiswanger

    Listing agent Doug Beiswanger License #6502425012

    Listing office Coldwell Banker Beiswanger Realty Group 1331 Horton Rd., Jackson, MI

    Listing date Mar 16, 2026

    MLS# 26010081 Listing URL

    Copyright © 2026 Jackson Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Central air conditioning for year‑round comfort
    • Natural gas heating provides efficient warmth
    • Outdoor storage available
    • Paved or surfaced parking
    • Built in 2004
    • Durable exterior (block, concrete, metal & vinyl siding, composition & metal roof)

    Overview

    This commercial real estate offering features a 13,000 square-foot retail space situated on a 13-acre lot. The property is located in Hillsdale, Michigan and is zoned B4/B3.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $117.0k $9.00
    − Vacancy −$9.4k −$0.72
    EGI $107.6k $8.28
    − OpEx −$32.3k −$2.48
    NOI $75.3k $5.80
    13,000 SF · lease $9.00/SF/yr · vacancy 8.00% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $1.08M
    $941.9K – $1.26M (±1% cap)
    NOI $75,348 @ 7.0% cap · market cap 5.80%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Specialty Retail
    $2.07M
    $1.81M – $2.41M (±1% cap)
    NOI $144,591 @ 7.0% cap · market cap 11.12%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Silos Fun Park Arcade & Gaming Center Cottage Inn Pizza ... Take-out & Catering

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Nail Salon Hotel & Motel Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Hillsdale
    County
    Hillsdale
    State
    Michigan
    Longitude
    -84.659118
    Latitude
    41.952428

    FAQs

    What type of property is this?
    Retail space - 13,000 SF retail space on 13 acres in Hillsdale.
    Where is this retail space located?
    The property is located at 3883 W Carleton Road Hillsdale, MI.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: Central air conditioning for year‑round comfort; Natural gas heating provides efficient warmth; Outdoor storage available
    More about this property
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