Restaurants

Hillsdale, MI Restaurants for Sale

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6 properties
Family Restaurant with Party Space
Updated: Jul 17
Family Restaurant with Party Space

3883 W Carleton Road, Hillsdale, MI 49242

$475,000
4,000 sqft
Operating Cottage Inn Pizza franchise with dine‑in, carryout, and delivery
4,000 square feet; built in 2004
Seating for over 110 with a rated guest capacity of 99
Indoor play place for children under 11
Private party blocks accommodate groups of approximately 12, 16, or 24
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Golf and Family Entertainment Property
Updated: Mar 16
Golf and Family Entertainment Property

3883 W Carleton Road, Hillsdale, MI 49242

$1,300,000
13,000 sqft 13.00 AC lot
13‑acre property with 13,000 square feet of improvements
Cottage Inn Pizza restaurant with seating for over 110
Indoor arcade, laser tag, axe throwing, party rooms, and children’s play area
Go‑karts, bumper boats, 18‑hole mini golf, and driving range
Bumper boat pool upgraded in 2024 with more than 20 gas‑powered boats
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Dual-Brand Bakery Restaurant Business
Dual-Brand Bakery Restaurant Business

3600 W Carleton Road, Hillsdale, MI 49242

$275,000
671 sqft 0.02 AC lot

Equipped Cinnabon and Auntie Anne’s operation inside Meijer with a five-year lease, utilities included, and extension options.

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See hot listings in Hillsdale

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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Mixed-Use Property with New Bar
Mixed-Use Property with New Bar

210 W Carleton Rd, Hillsdale, MI 49242

$4,500,000
46,000 sqft

Large commercial property with restaurant kitchens, bakery space, liquor licenses, loading docks, and extensive parking.

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Ethan’s Donut and Ice Cream Business
Ethan’s Donut and Ice Cream Business

45 N Broad Street, Hillsdale, MI 49242

$99,000
5,146 sqft 0.19 AC lot

Established bakery operation with commercial production equipment, display fixtures, and a lease option for the existing space.

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New NNN Drive-Through Property
New NNN Drive-Through Property

3335 W Carleton Rd, Hillsdale, MI 49242

Contact for pricing
1,671 sqft 1.05 AC lot

Build-to-suit restaurant includes indoor dining and a multi-vehicle drive-through queue.

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Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 6 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.

Updated Restaurant with Front Patio
Updated Restaurant with Front Patio

222 S Main St, Reading, MI 49274

$279,000
1,150 sqft

Established pizza and ice cream operation with recent equipment and exterior improvements.

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Bar & Restaurant with Apartments
Bar & Restaurant with Apartments

15 E Chicago St, Quincy, MI 49082

$229,900
3,564 sqft

A newly equipped kitchen with modern appliances serves a property that includes two renovated upper-level apartments.

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Historic Coffee Shop Building
Historic Coffee Shop Building

108 S Main Street, Reading, MI 49274

$235,000
3,324 sqft 0.06 AC lot

Freestanding commercial building with basement storage and two bathrooms in Reading, Michigan.

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Tavern Property With Apartments
Tavern Property With Apartments

15 E Chicago Street, Quincy, MI 49082

$229,900
3,564 sqft 0.05 AC lot

Brick commercial building with two renovated two-bedroom apartments and available natural gas.

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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.

Commercial Land Near Retail Anchors
Commercial Land Near Retail Anchors

3911 W Carleton Road, Hillsdale, MI 49242

$379,000
3.90 AC lot

Nearly four acres with public water, public sewer, and natural gas available at the street.

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Commercial Development Land
Commercial Development Land

3845 Weatherwax Drive, Jackson, MI 49203

$175,000
2.52 AC lot

C-2-zoned land with potential for multiple ingress and egress points and cable availability.

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Commercial Land with Interstate Frontage
Commercial Land with Interstate Frontage

5472 S Meridian Road, Jackson, MI 49201

$1,250,000
8.47 AC lot

Improved commercial tract with multiple entrances, broadband availability, and zoning supporting industrial or commercial development.

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Industrial Land with Interstate Frontage
Industrial Land with Interstate Frontage

5472 S Meridian Road, Jackson, MI 49201

$1,250,000
8.47 AC lot

Leveling work, multiple entrances, and available utility connections support future site planning.

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Hillsdale, MI Restaurants Market Trends and Statistics

Explore 6 restaurants for sale in Hillsdale, MI, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 70,488 square feet of properties for sale, with an estimated market value of $6,649,000.

Sale prices for restaurant properties in Hillsdale, MI start at $99,000, averaging $1,329,800, and reaching up to $4,500,000 — 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

Conventional restaurants 5
Drive through restaurants 2
Bars & Pubs 1
Commercial kitchens 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 $1.9M

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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