MLS # 25048407 (Michigan Regional Information Center (MichRIC))

Classic Opportunity Near Hillsdale College This mixed use Residential and Commercial development site is located next door to the beautiful and expanding campus of Hillsdale College! ZONED B-1 (LOCAL BUSINESS DISTRICT) and RD-1. The zonings allow for the approved mixed use commercial and residential. The immediate proximity to Hillsdale College allows long-term stability with access to an educated and affluent base of faculty, students, alumni and benefactors. In addition to visibility, convenience, and location this 2.47-acre vacant parcel comes with ample road frontages, plus water and sewer are nearby. The rolling terrain is perfect for a well designed blend of retail, food, c-store, office space, duplexes, condominium homes or rental housing applications. Note, Airbnb homes are permissible in the City of Hillsdale. Take advantage of this opportunity to develop something special near one of our country's most important private education institutions.
Source: SparkMLS
Currently offered at $900,000.
Annual property taxes run approximately $2,381 ($198/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Broadband is available with download speeds up to 1,200 Mbps from 9 providers. Electric service is provided by Hillsdale Board of Public Utilities; natural gas by Michigan Gas Utilities Corporation.
Location
Construction & Systems
Sale & Financing
Source: SparkMLS
Source: SparkMLS
Legal Description
LOTS 22-24 2.47A M/L BLACKMAR AND COOKS WRN EXT BLACKMAR AND BEEBES ADDN SEC 22 T6S R3W SECOND WARD
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by PHILLIP M MORGAN
ERA Reardon Realty, L.L.C.
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Download
1.2 Gbps
Upload
35 Mbps
FCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Hillsdale Board of Public Utilities
Municipal
Michigan Gas Utilities Corporation
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
55 McClellan Street, Hillsdale, MI 49242
View full property history →
Municipality
Hillsdale
View all listings →
We'll notify you when something hits the market in Hillsdale or nearby.
Munro Real Estate · MI Broker #6502405404 · No spam, one-click unsubscribe.