For Sale
$795,000

75 Carleton Rd Hillsdale, MI 49242

Established eatery, high traffic location, strong cash flow.

Overview

Added:
Dec 11, 2024
Days on market:
131
This profitable, established family restaurant in Hillsdale, Michigan, presents a unique owner-user opportunity. Located at 75 W Carleton Rd (M-99), this single-story, 2,356 square foot building sits on a 0.83-acre lot and boasts a daily traffic count exceeding 13,700 vehicles. The property, built in 1976 and extensively renovated in 2015 and 2018 (roof, HVAC, seating, equipment, refrigeration, and generator), offers ample parking for approximately 50 vehicles and seating for roughly 90 patrons. The sale includes the real estate, business, and intellectual property, ensuring a seamless transition for the new owner. The restaurant enjoys 100% occupancy and benefits from a prominent monument LED sign on M-99, attracting significant customer traffic. The asking price is $795,000 ($337.44/sq ft). This turnkey operation is ideally suited for an owner-operator seeking a well-established business with significant growth potential in a thriving community. The property's Class B designation reflects its solid condition and functionality. Hillsdale County's natural beauty, with its numerous lakes and rivers, adds to the area's appeal. The APN is 30 006-227-203-10.

Highlights

  • Established family restaurant in Hillsdale, MI, offering owner-user opportunity.
  • 2,356 SF building on 0.83-acre lot with 50+ parking spaces and seating for ~90.
  • High daily traffic count (13,700+ vehicles) and prominent monument LED signage.
  • Extensive renovations in 2015 & 2018 (roof, HVAC, etc.), Class B building.
  • Includes real estate, business, and intellectual property; $795,000 asking price ($337.44/SF).

Property Details for 75 Carleton Rd

Property type
Retail properties, Restaurants
Square Feet
2,356 SF
Class
B
Year Built/Renovated
1976/2018
Buildings
1
Stories
1
Lot Size (sq. ft)
36,155 SF

Location Insight

City
Hillsdale
County
Hillsdale
State
Michigan
Latitude
41.9270574
Longitude
-84.638947
75 Carleton Rd, Hillsdale, Michigan

FAQs

What type of property is this?
Retail property - Established eatery, high traffic location, strong cash flow.
Where is the retail property located?
The property is located at 75 Carleton Rd Hillsdale, MI.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Established family restaurant in Hillsdale, MI, offering owner-user opportunity.; 2,356 SF building on 0.83-acre lot with 50+ parking spaces and seating for ~90.; High daily traffic count (13,700+ vehicles) and prominent monument LED signage.
How can I contact the broker?
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75 Carleton Rd
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