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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 Sq 5,146

Monthly Estimate*

$ 1,164

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Commercial Property for sale in Hillsdale, MI

for $189,000 with 2 full baths. This 5,146 square foot 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

BusinessOpportunity

Lot Size

0.19

Year Built

1890

Town/City

Hillsdale

County/Region

Hillsdale

MLS | Web ID

53026024999
Features
General
Sewer PublicSewer StormDrain
Heating ForcedAir NaturalGas
Cooling CentralAir
Utilities ElectricityConnected NaturalGasConnected PhoneAvailable
Possession CloseOfEscrow
Construction Materials Block Other
Year Built 1890
Tenant Pays Electricity Gas Other Sewer TrashCollection Water
Tax Year 2025
Ownership Corporation
Business Type Bakery
County Hillsdale
New Construction N
Property Type BusinessOpportunity
HOA N
Attached Garage N
Garage Y/N N
Building Features Furniture
Status Active
Directions Business is located at 45 N Broad Street (M99) in historic downtown Hillsdale.
City HillsdaleCity_Hillsdale
Disclosures InventoryIncluded
Senior Community Y/N N
High School District Hillsdale
Number Of Units Total 3
MLS Area Area30072Hillsdale
Lot Size Units SquareFeet
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 5500.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N Y
Rent Control Y/N N
Building Area Units SquareFeet
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)
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Interior
Basement CommonStorageLocker WalkOutAccess
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Total Baths 2
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Exterior
Parking Features Asphalt
Water Source Public
Lot Size Area 8059.0
Foundation Details Basement
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
Other Equipment Other
Crops Included Y/N N
Road Responsibility PublicMaintainedRoad
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
Shawn Vondra

Listing Agent

Spieth & Satow Auctions & Real Estate

Broker

(517) 320-6051

Phone

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
3822790 Elementary School
3822789 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/27/2026$189,000 Listed Price

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45 N Broad Street, Hillsdale, MI, 49242 is a Commercial Property for sale at $189,000 with 5,146 sqft and 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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