$10,000,000
Hillsdale, MI 49242
MLS# 26035622
46000 sqft
1 / 152
Property Description
Listing includes MLS # 26035609 & MLS # 25052623 (attached in Documents) 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, & the City of Hudson 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,
Details
Maps
Location & Property Info
Unit #: & 325 Railroad St Hudson MI
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: 217.39
Prop Avail for Lease?: Yes
General Property Info
New Construction: No
Lot Dimensions: 461 x 376 x 205 x 328 x 376 x 798
Road Frontage: 420
Mineral Rights: Unknown
Waterfront: No
Year Remodeled: 2006
Total # Units: 6
# of Diff Unit Floor Plans: 6
Total # Bldgs: 1
# Fin Bldg Lvls: 44670
Total SqFt: 46000
Property Use Type: Business
School District: Hillsdale
Lot Measurement: Acres
Lot Acres: 7.04
Lot Square Footage: 306662
Year Built: 1973
Full Baths: 8
Tax Info
Taxable Value: 821600
SEV: 1013300
For Tax Year: 2026
Seller's Annual Property Tax: 48102
Tax Year: 2026
Homestead %: 0
Spec Assessment & Type: N/A
Zoning: Commercial
Tax ID #: 006-222-326-22
Remarks & Misc
Public Remarks: Listing includes MLS # 26035609 & MLS # 25052623 (attached in Documents) 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, & the City of Hudson 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,
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 ---
Additional Details
# Loading Docks/Well: 2
Total Parking Spaces: 250
Street Type
Paved: 1
Public: 1
SqFt Information
Fire Sprinkler System: 1
Security System: 1
Property Use
Business: 1
Investment: 1
Utilities Attached
Electricity Connected: 1
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Uses
Bar/Tavern/Lounge: 1
Restaurant: 1
Retail: 1
Other: 1
Construction Type
Block: 1
Exterior Material
Block: 1
Roofing
Rubber: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Ownership
Franchise: 1
Trust: 1
Below Grade
None: 1
Heat Type
Forced Air: 1
Air Conditioning
Central Air: 1
Docs at List Office
Aerial Photo: 1
Business Includes
Licenses: 1
Real Estate: 1
Additional Features
Fire Sprinkler: 1
Foundation
Block: 1
Util Avail at St
None: 1
Driveway
Asphalt: 1
Docs Req Conf Agrmnt
Financials: 1
Leases: 1
Purchase Terms Avail
Cash: 1
Conventional: 1
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
County: Hillsdale
Street #: 210
Street Direction: W
Street Name: Carleton
Suffix: Road
State: MI
Zip Code: 49242
Zip (4): 5037
OfficeContract Info
Status: Active
Current Price: $10,000,000
List Price: $10,000,000
Listing Date: 2026-07-13
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
Supplements
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.
Listing Office: ERA Reardon Realty, L.L.C.
Listing Agent: Brittany Ostrowski
Last Updated: July - 14 - 2026
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