Turn-Key Donut and Ice Cream
For Sale
Contact for pricing
45 N Broad Street, Hillsdale, MI 49242
Turn-key bakery operation with included commercial equipment and an active menu ready for immediate continuity in historic downtown Hillsdale.
Property Size5,146 SF
Price / SF$28.95
Days on Market74
Property Features for 45 N Broad Street
General Information
Standard status
Active
Size
5,146 SF
Property subtype
Business for Sale, Retail
Additional Details
Business Included
Yes
Building Details
Year Built
1890
Year Renovated
2024
Buildings
1
Stories
3
Units
3
Listing Agency:
Spieth & Satow Auctions & Real Estate
(517) 398-6060
Listed By:
Darin Spieth · License #6501348697
Source:
Crexi
Added: May 27
Changed: Aug 8
Last Checked: Aug 8 at 12:08PM
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
Investment Insights
Based on property information with market context.
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.
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.
Key Highlights
- 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
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
596
Businesses Nearby
23k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 91%
Dining 9%
Citgo
Shops & Services
10,567 visits/mo
0.3 miles
Dollar General
Shops & Services
7,026 visits/mo
0.1 miles
Fifth Third Bank & ATM
Shops & Services
3,629 visits/mo
0.2 miles
Hungry Howie's Pizza
Dining
2,087 visits/mo
0.4 miles
Demographics for 49242, MI
14,812
Population
6,687
Households
2.2
Avg Household Size
38
Median Age
25%
College-Educated
93%
High-School Grad
90.6 sq mi
ZIP Area
163
Density / Sq Mi
$57,813
Median Household Income
$28,886
Median Earnings
$770
Median Rent
$182,900
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
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 $149,000.
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
