45 N Broad Street, Hillsdale, MI 49242

Building Details

Year Built

1890

Listing agent Darin Spieth

Listing office Spieth & Satow Auctions & Real Estate

Listing date May 27, 2026

Source Crexi

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Spieth & Satow Auctions & Real Estate

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Overview

This for-sale offering is Ethan’s Donut Factory & Ice Cream as a turn-key business. The sale includes the operational equipment needed to continue bakery production, including a commercial oven, mixer(s), donut machine, pots/pans, refrigerators, coolers, and display cases. The current business launched in May 2024 and is presented as continuing through the ownership transition, with operations planned to carry forward during transfer.

The business is positioned in the heart of historic downtown Hillsdale. A long-term lease of the building space is welcomed with flexible terms and conditions, subject to agreement. While the business is for sale, the transaction is explicitly for the business only and does not include the building itself.

For a buyer seeking a ready-to-operate food business, the included production and display equipment helps reduce the need for immediate outfitting. The sellers indicate they can assist and provide training to support a smooth transition, which can be especially valuable for maintaining continuity during ownership change. A new owner would take over an established, currently operating donut and ice cream operation without acquiring the real estate.

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

Location Insight

• Map
• Local Demand

City

Hillsdale

County

Hillsdale

State

Michigan

Longitude

-84.631294

Latitude

41.922007

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FAQs

What type of property is this?

Conventional restaurant - Turn-key bakery operation with included commercial equipment and an active menu ready for immediate continuity in historic downtown Hillsdale.

Where is this conventional restaurant located?

The property is located at 45 N Broad Street Hillsdale, MI.

What is the asking price?

The asking price for this property is $189,000.

What are key features of this property?

This property features: Business for sale: Ethan’s Donut Factory & Ice Cream in historic downtown Hillsdale; May 2024 business launch with ongoing operations continuing through ownership transition; Sale includes key bakery equipment: commercial oven, mixer(s), donut machine, and display cases