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    47 N Broad St Hillsdale, MI 49242

    For Sale
    $379,900

    COMMERCIAL - Hillsdale, MI

    Property size:
    4,326 SF
    Lot size:
    0.15 Acres
    Days on Market:
    11
    Last Refresh:
    Dec 11 at 9:06 pm

    Property Features for 47 N Broad St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 3, Basement, Bathroom 1, Bathroom 2
    Bathrooms
    3
    APN
    30 006 126 160 11
    Size
    4,326 SF
    Lot size
    0.15 Acres

    Utilities

    Utilities
    Cable Available
    Heating system
    Forced Air
    Cooling system
    Wall Unit(s)

    Building Details

    Year built
    1900
    Floors in Building
    2
    Number of units
    2
    Building materials
    Block, Brick
    Roof type
    Rubber

    Playford Real Estate (517) 849-7622

    Listing agent Mary Playford (517) 849-7622

    Listing date Dec 1, 2025

    Copyright © 2025 Montcalm County Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Commercial Building with Apartment

    Located in downtown Hillsdale, this commercial building features frontage on the main thoroughfare. The main business, currently operating as a recreational venue, includes a full bar and a liquor license. The renovated upstairs apartment includes 2 bedrooms, 1 bath, and an in-unit washer/dryer. It was previously rented at $1,400 per month. The property includes a large basement with a garage door entry, offering 1854 square feet for storage or expansion. The building's total size is 4326 square feet and it occupies a 0.15-acre lot. There are separate electric panels for the apartment and the commercial space.
    Insight Report Location Intelligence

    Current Use by Public Records

    Ethan's Donut Factory Bakery Seasonal Swing, LLC Indoor Golf Course Contact | My Site Military Base

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hillsdale
    County
    Hillsdale
    State
    Michigan
    Longitude
    -84.630988
    Latitude
    41.921498

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    FAQs

    What type of property is this?
    Mixed-use property - Commercial building with renovated apartment and recreational venue in downtown.
    Where is this mixed-use property located?
    The property is located at 47 N Broad St Hillsdale, MI.
    What is the asking price?
    The asking price for this property is $379,900.
    What are key features of this property?
    This property features: - Prime downtown location with unmatched frontage on Hillsdale's main thoroughfare.; - Operating recreational venue with a full bar and included liquor license.; - Recently renovated 2-bedroom apartment with in-unit washer/dryer, providing immediate rental income potential.
    (517) 849-7622
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    47 N Broad St Hillsdale, MI 49242
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