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    55 Mcclellan St Hillsdale, MI 49242

    Sponsored
    For Sale
    $900,000

    COMMERCIAL - Hillsdale, MI

    Lot size:
    2.47 Acres
    Days on Market:
    108
    Last Refresh:
    Jan 5 at 3:06 pm

    Property Features for 55 Mcclellan St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    006-222-403-03
    Lot size
    2.47 Acres

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Water source
    Public

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

    Listing agent PHILLIP M MORGAN

    Listing date Sep 20, 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 Mixed-Use Development Opportunity

    This 2.47-acre vacant land parcel presents a rare development opportunity. Zoned B-1 (LOCAL BUSINESS DISTRICT), the site is approved for a mixed-use development project that can include multi-unit residential and/or commercial applications. Its location next to the expanding campus of Hillsdale College offers long-term stability and access to an educated and affluent client base. The rolling terrain is suitable for a blend of retail, food service, convenience store, office space, condominium homes, or rental housing. All necessary utilities are nearby, offering convenience and location advantages. This site is an opportunity to build something special near a prominent educational institution.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    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.

    Location Insight

    • Map
    • Local Demand
    City
    Hillsdale
    County
    Hillsdale
    State
    Michigan
    Longitude
    -84.637903
    Latitude
    41.932199

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    FAQs

    What type of property is this?
    Commercial land - 2.47-acre mixed-use development site near Hillsdale College.
    Where is this commercial land located?
    The property is located at 55 Mcclellan St Hillsdale, MI.
    What is the asking price?
    The asking price for this property is $900,000.
    What are key features of this property?
    This property features: - Prime location next to Hillsdale College, offering long-term stability and access to an educated and affluent client base.; - Zoned B-1 (LOCAL BUSINESS DISTRICT) allowing for mixed-use residential and/or commercial development.; - 2.47-acre vacant land parcel with all necessary utilities nearby.
    (517) 204-4385
    Request Owner's contact information
    55 Mcclellan St 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

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    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
    55 Mcclellan St Hillsdale, MI 49242
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