210 W Carleton Road, Hillsdale, MI 49242

New Listing
$4,500,000
Property Type: Commercial Sale Square Footage: 46,000 Lot Size (sq. ft.): 306,662 Status: Active
Current Price: $4,500,000 List Date: 7/13/2026 Last Modified: 7/13/2026

Overview

Description

A landmark commercial opportunity unlike anything else currently available in Southern Michigan. Positioned on 7.04 acres in Hillsdale's premier retail and commercial corridor, this exceptional 46,000-square-foot property offers the ideal combination of existing income, premium infrastructure, and extraordinary redevelopment potential. With over 13,000 vehicles passing daily, outstanding visibility, easy access, 250 parking spaces, two loading docks, and a roof replaced in 2019, this well-maintained commercial asset is perfectly positioned to serve both the local community and the surrounding region. Approximately 6,000 square feet is currently leased to established franchise tenants, providing immediate rental income, while nearly 40,000 square feet of contiguous space is available for its next visionary concept. At the center of the available space is a brand-new bar, creating an incredible focal point for entertainment, hospitality, or mixed-use development. Whether your vision

Supplements: includes a barcade, golf simulator venue, brewery, food hall, live music venue, sports lounge, indoor recreation center, pickleball or athletic facility, event center, family entertainment venue, specialty retail marketplace, indoor artisan market, or a one-of-a-kind destination experience, this property offers the flexibility to bring it to life. ...

Listing Details MLS# 26035609

Location Property Info

County
Hillsdale
Street #
210
Street Direction
W
Street Name
Carleton
Suffix
Road
State
MI
Zip Code
49242
Zip (4)
5037

General Property Info

New Construction
No
Lot Measurement
Acres
Lot Acres
7.04
Lot Square Footage
306662
Lot Dimensions
461 x 376 x 205 x 328 x 376 x 798
Year Built
1973
Road Frontage
420
Mineral Rights
Unknown
Year Remodeled
2006
Total # Units
6
# Fin Bldg Lvls
44670
# of Diff Unit Floor Plans
6
Total # Bldgs
Yes
Total SqFt
46000
Property Use Type
Business
Full Baths
8
Waterfront
No
School District
Hillsdale

Tax Info

Tax ID #
Tax ID #: 006-222-326-22
Taxable Value
821600
SEV
1013300
For Tax Year
2026
Seller's Annual Property Tax
48102
Tax Year
2026
Spec Assessment & Type
N/A
Zoning
Commercial
Homestead %
0

Remarks Misc

Directions
US 12 to S on M-99 (Carlton Rd)

Additional Details

# Loading Docks/Well
2
Total Parking Spaces
250

More Information

Business Opportunity

# Full Time Employees
30
# Part Time Employees
50
Business Name
Hillsdale Market Hou
Real Estate Value ($)
2500000

Unit 1

Unit Description
Biggby
SqFt
1859

Unit 2

Unit Description
Anytime Fitness
SqFt
3678
# Baths
3

Unit 3

Unit Description
Hillsdale Market Hou
SqFt
37570

Unit 4

Unit Description
Underdogs

Unit 5

Unit Description
Food Court

Unit 6

Unit Description
Stock room
SqFt
19320

Location & Property Info

Cross Streets
Fayette St
Property Sub-Type
Business Opportunity
Municipality
Hillsdale City
Principal Road
Yes

Office/Contract Info

Auction or For Sale
For Sale
List Price/SqFt
97.83
Prop Avail for Lease?
Yes

Remarks & Misc

Public Remarks
A landmark commercial opportunity unlike anything else currently available in Southern Michigan. Positioned on 7.04 acres in Hillsdale's premier retail and commercial corridor, this exceptional 46,000-square-foot property offers the ideal combination of existing income, premium infrastructure, and extraordinary redevelopment potential. With over 13,000 vehicles passing daily, outstanding visibility, easy access, 250 parking spaces, two loading docks, and a roof replaced in 2019, this well-maintained commercial asset is perfectly positioned to serve both the local community and the surrounding region. Approximately 6,000 square feet is currently leased to established franchise tenants, providing immediate rental income, while nearly 40,000 square feet of contiguous space is available for its next visionary concept. At the center of the available space is a brand-new bar, creating an incredible focal point for entertainment, hospitality, or mixed-use development. Whether your vision
Legal
Com NE Cor SW1/4 Sec 22 TH S00°08'15''E Alg N-S1/4 LN 1257.7 Ft TH S89°57'45''W 50 Ft To Wly R/W Ln Carlton Rd ---

Street Type

Paved
Yes
Public
Yes

SqFt Information

Fire Sprinkler System
Yes
Security System
Yes

Property Use

Business
Yes
Investment
Yes

Utilities Attached

Electricity Connected
Yes
Natural Gas Connected
Yes

Sewer

Public Sewer
Yes

Water

Public Water
Yes

Uses

Bar/Tavern/Lounge
Yes
Restaurant
Yes
Retail
Yes
Other
Yes

Construction Type

Block
Yes

Exterior Material

Block
Yes

Roofing

Rubber
Yes

Heat Source

Natural Gas
Yes

Sale Conditions

None
Yes

Ownership

Franchise
Yes
Trust
Yes

Below Grade

None
Yes

Heat Type

Forced Air
Yes

Air Conditioning

Central Air
Yes

Docs at List Office

Aerial Photo
Yes

Business Includes

Licenses
Yes
Real Estate
Yes

Additional Features

Fire Sprinkler
Yes

Foundation

Block
Yes

Util Avail at St

None
Yes

Driveway

Asphalt
Yes

Docs Req Conf Agrmnt

Financials
Yes
Leases
Yes

Purchase Terms Avail

Cash
Yes
Conventional
Yes

Property Features

Property Use: Business; Investment SqFt Information: Fire Sprinkler System; Security System Uses: Bar/Tavern/Lounge; Restaurant; Retail; Other Ownership: Franchise; Trust Business Includes: Licenses; Real Estate Construction Type: Block Exterior Material: Block Roofing: Rubber Foundation: Block Below Grade: None Additional Features: Fire Sprinkler Sewer: Public Sewer Water: Public Water Utilities Attached: Electricity Connected; Natural Gas Connected Util Avail at St: None Heat Source: Natural Gas Heat Type: Forced Air Air Conditioning: Central Air Driveway: Asphalt Street Type: Paved; Public Purchase Terms Avail: Cash; Conventional Docs at List Office: Aerial Photo Docs Req Conf Agrmnt: Financials; Leases Sale Conditions: None
IDX
Listing Office: ERA Reardon Realty, L.L.C.
Listing Agent: Brittany Ostrowski
Source MLS Verified
Last Updated: July - 13 - 2026
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.