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45 N Broad Street Hillsdale, MI $ 189,000
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45 N Broad Street
$ 189,000
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45 N Broad Street

Hillsdale, MI, 49242
$ 189,000
Bedrooms-- Baths2.0

Monthly Estimate*

$ 1,164

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Commercial Property for sale in Hillsdale, MI

for $189,000 with 2 full baths. This building was built in 1890 on a lot size of 0.19.

The business of Ethan's Donut Factory & Ice Cream is for sale. This is a great opportunity to purchase a ''turn key'' business in the heart of historic downtown Hillsdale. The sale of the business includes everything the new owner will need to continue the existing bakery operations, including commercial oven, mixer(s), donut machine, pots/pans, refrigerators, coolers, display cases. The business launched in May 2024 and quickly became known for its custom donuts, specialty baked goods and delicious ice cream. Business operations will continue through the transition of ownership. The building went through a custom renovation with high-end design and finishes. The sale is for the business only and does not include the building. A long-term lease of the building space is welcomed with flexible terms/conditions. The current owners can assist and provide training to ensure a smooth transition.

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Commercial Active

Price

$ 189,000

Full Bath

2

Property Type

Commercial

Taxes

$ 5,500

Style

Business

Lot Size

0.19

Year Built

1890

Town/City

Hillsdale

County/Region

Hillsdale

MLS | Web ID

26024999
Features
Interior
Interior Amenities Broadband
Total Stories 3
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 2
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General
Heating Forced Air
Cooling Central Air
Utilities Phone Available Natural Gas Available Electricity Available Cable Available Natural Gas Connected Electricity Connected Storm Sewer
Possession Close Of Escrow
Year Built 1890
Tenant Pays Electric Gas Sewer Trash Water
Township Hillsdale City
Property Subtype Business
Tax Year 2025
Ownership Broker/Agent Owned
Business Type Restaurant
County Hillsdale
New Construction N
Property Type Commercial Sale
Full Baths 2
Status Active
Directions Business is located at 45 N Broad Street (M99) in historic downtown Hillsdale.
City Hillsdale
High School District Hillsdale
Number Of Units Total 3
Lot Size Units Acres
Lot Size Square Feet 8059.0
Listing Terms Conventional Cash
Land Lease Y/N N
Tax Annual Amount 5500.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N Y
Rent Control Y/N N
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 108151
Ownership Type Corporation
Legal Description LOT 35 0.16A M/L BLK M OLD PLAT (VILLAGE OF HILLSDALE) SEC 26 T6S R3W FOURTH WARD (REDISTRICTED 2011 FROM FIRST WARD)
Senior Community None
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Exterior
Inclusions Inventory Furniture Equipment
Lot Size Area 0.19
Number of Buildings 1
Spa N
Building Area Total 5146.0
Lot Dimensions 45x147
Lot Size Acres 0.19
Road Surface Type Paved
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 45
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* Excluded Features
List By
Spieth & Satow Auctions & Real Estate

Broker

vondrashawn@gmail.com

Email

Affordability Calculator

$1,622
Per Month
72%
28%
0%
Monthly Principal & Interest
$1,164
Monthly Property Taxes
$458
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
249785 Elementary School
250497 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/27/2026$189,000 Listed Price

Map

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45 N Broad Street, Hillsdale, MI, 49242 is a Commercial Property for sale at $189,000 with a lot size of 0.19. 45 N Broad Street has 2.0 baths and was built in 1890. The property's zip code is 49242 which is in Hillsdale, MI

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