8 Baths
46,000 SqFt
8 Baths
46,000 SqFt
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 46,000 sqft
Price per Sqft $119
Municipality Hillsdale City
MLS Listing ID 25052593
Full Baths 8
Year Built 1973
Annual Tax Amount $48,479
Tax Year 2025
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
The grocery anchor features a state-of-the-art bakery with a new oven, a made-to-order sushi station, and Underdogs?a brand-new bar located in the center of the store offering beverages to enjoy while you shop. The food court adds even more draw with Sharon's House of Pancakes, Krispy Krunchy Chicken, and Blimpie Subs.
Property highlights include a meticulously maintained 250-space parking lot (resealed yearly), updated electrical systems, and a newer rubber roof (installed in 2019). Two loading docks, and dual liquor licenses (SDD & SDM Package) and a Class C add operational versatility and income potential. Together, these licenses make the Hillsdale Market House a powerhouse for food and beverage revenue
Key Investment Highlights:
Stable, Long-Term Leases: Reliable tenants with proven performance and lease stability.
High-Traffic, Prime Location: Exceptional visibility and ample parking.
Well-Maintained Property: Recent infrastructure updates for turnkey ownership.
Turnkey Investment: Seamless management continuity available upon acquisition.
A rare opportunity to acquire one of Hillsdale's most recognizable commercial assets, positioned for continued success and future upside. operational versatility and income potential. Together, these licenses make the Hillsdale Market House a powerhouse for food and beverage revenue
Key Investment Highlights:
Stable, Long-Term Leases: Reliable tenants with proven performance and lease stability.
High-Traffic, Prime Location: Exceptional visibility and ample parking.
Well-Maintained Property: Recent infrastructure updates for turnkey ownership.
Turnkey Investment: Seamless management continuity available upon acquisition.
A rare opportunity to acquire one of Hillsdale's most recognizable commercial assets, positioned for continued success and future upside.
Location
State MI
County Hillsdale
Area Hillsdale County - X
Direction Fayette St
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 006-222-326-22
Ownership Trust, Franchise
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
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