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Property profile & analytics
OFF-MARKET
Commercial real estate

75 Carleton Rd Hillsdale, MI 49242-1201

0.83 ac lot
Entity Owned ~ Est. High Equity
Property ID
US43-3863887
Property summary
AI-generated overview

This exceptional turnkey restaurant opportunity is located at 75 W Carleton, Hillsdale, MI, on a high-traffic road (M-99/W Carleton Rd) boasting over 13,700 vehicles daily. The property encompasses 2,356 square feet on a 0.83-acre lot, offering ample parking for approximately 50 vehicles and seating for roughly 90 patrons. This award-winning establishment has undergone significant renovations in 2015 and 2018, including a new roof, HVAC system, seating upgrades, updated equipment, refrigeration system, and a generator. The sale includes the real estate, the established business, and its intellectual property, ensuring a seamless transition for the new owner. A prominent monument LED sign on M-99 provides excellent visibility, attracting a steady stream of customers. The business benefits from a strong local market, with year-over-year increases in area dining visits of 11%. Hillsdale County's natural beauty, featuring 350 lakes and ponds and the headwaters of five major rivers, adds to the area's appeal. The asking price for this thriving business is $695,000. This is a rare opportunity to acquire a well-established, profitable restaurant in a desirable location.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.83 ac (36,024 SF)
APN 006-227-203-10
UPID US43-3863887
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Finish Line Family Restaurant Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Aubavrgd LLC
Aubavrgd LLC
since 2025
Last sale
$400,000
3 recorded transactions
2025
$400,000
2021
Price N/A
2015
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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