151
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$4,500,000
Est. payment /mo
8 Baths
46,000 SqFt
New
210 W Carleton Road Hillsdale, MI 49242
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Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 46,000 sqft
Price per Sqft $97
Municipality Hillsdale City
MLS Listing ID 26035609
Full Baths 8
Year Built 1973
Annual Tax Amount $48,102
Tax Year 2026
Lot Size 7.040 Acres
Acres 7.04
Lot Dimensions 461 x 376 x 205 x 328 x 376 x 798
Property Sub-Type Business
Source Michigan Regional Information Center (MichRIC)
Property 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 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. Purpose-built for food, beverage, hospitality, and entertainment concepts, the property features a dedicated bakery, commercial catering kitchen, and full-service restaurant kitchen, providing an exceptional foundation for future operations. Existing equipment is negotiable and is not included in the purchase price. Sale includes the existing Class C, SDD, and SDM Package liquor licenses, offering exceptional flexibility for restaurant, retail, and entertainment, and hospitality concepts. Whether you're expanding an established brand, launching an innovative entertainment concept, creating a culinary destination, or developing Hillsdale's next iconic gathering place, this property delivers the size, visibility, infrastructure, licensing, parking, and location to make that vision a reality. Opportunities of this scale, quality, and versatility are exceptionally rare. 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. Purpose-built for food, beverage, hospitality, and entertainment concepts, the property features a dedicated bakery, commercial catering kitchen, and full-service restaurant kitchen, providing an exceptional foundation for future operations. Existing equipment is negotiable and is not included in the purchase price. Sale includes the existing Class C, SDD, and SDM Package liquor licenses, offering exceptional flexibility for restaurant, retail, and entertainment, and hospitality concepts. Whether you're expanding an established brand, launching an innovative entertainment concept, creating a culinary destination, or developing Hillsdale's next iconic gathering place, this property delivers the size, visibility, infrastructure, licensing, parking, and location to make that vision a reality. Opportunities of this scale, quality, and versatility are exceptionally rare.
Location
State MI
County Hillsdale
Direction US 12 to S on M-99 (Carlton Rd)
Interior
Heating Forced Air
Cooling Central Air
Inclusions Real Estate, Licenses
Exterior
Utilities Available Natural Gas Connected, Electricity Connected
View Y/N No
Roof Type Rubber
Street Surface Paved
Total Parking Spaces 250
Building
Building Description Block, Fire Sprinkler,Security System
Foundation Block
Structure Type Block
New Construction No
Schools
School District Hillsdale
Others
Tax ID Tax ID #: 006-222-326-22
Ownership Trust, Franchise
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
Listed by ERA Reardon Realty, L.L.C.
NEARBY SCHOOL & BUSINESS
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