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    Hillsdale, MI
    Shopping Center

    Hillsdale, MI Shopping Centers for Sale

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    Mixed-Use Market House Center
    Updated: Jul 1
    Mixed-Use Market House Center

    210 W Carleton Road, Hillsdale, MI 49242

    $5,500,000
    46,000 sqft
    46,000 SF commercial property (built 1973) at Hillsdale’s busiest intersection, steps from Hillsdale College
    Grocery anchor includes a state‑of‑the‑art bakery with new oven, made‑to‑order sushi station, and new in‑center bar
    Food court includes Sharon’s House of Pancakes, Krispy Krunchy Chicken, and Blimpie Subs; tenants also include Biggby Coffee and Anytime Fitness
    250‑space parking lot resealed yearly, plus 2 loading docks for tenant access
    Updated electrical systems and rubber roof installed in 2019
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    This listing looks promising.

    Here's a quick look at some key insights for

    210 W Carleton Road, Hillsdale, MI 49242

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    • Est. Cap Rate

      4.9%
      NOI ÷ price

    • Est. NOI

      $267K
      Annual

    • Price @ 7% Cap

      $3.81M
      Suggested
    View Property Analytics
    Shopping Center with Bar
    Updated: Jul 8
    Shopping Center with Bar

    W 210 W Carleton Road Unit SourceFi, Hillsdale, MI 49242

    $10,000,000
    46,000 sqft 7.04 AC lot
    7.04‑acre shopping center with 46,000 sq ft total building area
    Over 13,000 vehicles pass daily; easy access and 250 parking spaces
    Two loading docks plus rubber roof replaced in 2019
    Approx. 6,000 sq ft currently leased to established franchise tenants
    Nearly 40,000 sq ft of contiguous space available for a new concept
    View details
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 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.

    Retail Plaza with Grocery Anchor
    Retail Plaza with Grocery Anchor

    325 Railroad Street, Hudson, MI 49247

    $7,000,000
    56,000 sqft 5.05 AC lot

    Immaculately maintained retail plaza anchored by a grocery market with multiple in-store tenants and ample on-site parking.

    View details
    Retail Plaza with Grocery Anchor
    Retail Plaza with Grocery Anchor

    325 Railroad Street, Hudson, MI 49247

    $7,000,000
    59,000 sqft

    Freestanding retail plaza anchored by a grocery store with attached pharmacy, plus a 2,700 SF available unit.

    View details
    Grocery-Anchored Retail Power Center
    Grocery-Anchored Retail Power Center

    373 N Willowbrook Rd, Coldwater, MI 49036

    Contact for pricing
    88,520 sqft

    Modernized retail power center with 82% national tenants anchored by major retailers.

    View details
    Retail Multi-Tenant NNN Center
    Retail Multi-Tenant NNN Center

    608 E Chicago Street, Coldwater, MI 49036

    $300,000
    0.57 AC lot

    Multi-tenant retail property on a major corridor with ample surface parking and signage, offered on a triple-net basis.

    View details

    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 New Developments
    Commercial Land Near New Developments

    3911 W Carleton Road, Hillsdale, MI 49242

    $379,000
    3.90 AC lot

    4 acres of commercial land near Aldi and Meijer.

    View details
    Prime Commercial Land Opportunity
    Prime Commercial Land Opportunity

    VL W Carleton Road, Jonesville, MI 49250

    $1,850,000
    27.00 AC lot

    27-acre commercial land with high visibility and development potential.

    View details
    Prime Commercial Land Opportunity
    Prime Commercial Land Opportunity

    VL W Carleton Road, Jonesville, MI 49250

    $1,850,000
    27.00 AC lot

    27-acre commercial land with high visibility and development potential.

    View details
    Commercial Land Near Jackson Crossing
    Commercial Land Near Jackson Crossing

    951 W Monroe Street, Jackson, MI 49202

    $975,000
    3.96 AC lot

    3.96 acres of commercial land with high traffic frontage.

    View details

    Hillsdale, MI Shopping Centers Market Trends and Statistics

    Explore 2 shopping centers for sale in Hillsdale, MI on our real estate platform. These investment opportunities span a total of 92,000 square feet of properties for sale, with an estimated market value of $15,500,000.

    Sale prices for plazas in Hillsdale, MI start at $5,500,000, averaging $7,750,000, and reaching up to $10,000,000 — 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

    Storefront properties 4
    Shopping centers 2
    Auto shops 1
    Automotive properties 1
    Grocery and convenience stores 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 $5.5M

    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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