Donut and Ice Cream
For Sale
$149,000
45 N Broad Street, Hillsdale, MI 49242
Established bakery operation includes commercial equipment and an option to lease the renovated downtown premises.
Property Size5,146 SF
Price / SF$28.95
Days on Market109
Property Features for 45 N Broad Street
General Information
Standard status
Active
Size
5,146 SF
Property subtype
Business Opportunities
Additional Details
Business Included
Yes
Equipment Included
Yes
Amenities
3
45147
Building Details
Year Built
1890
Listing Agency:
Spieth & Satow Auctions & Real Estate
(517) 439-2528
Listed By:
Shawn Vondra
(517) 320-6051
Source:
Xome
Added: May 25
Changed: Sep 9
Last Checked: Sep 9 at 4:07PM
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 conventional restaurant business operates as a donut, specialty baked-goods, and ice cream concept in Hillsdale’s historic downtown. The sale includes the operating business and equipment used for production and service, including a commercial oven, mixers, donut machine, cookware, refrigerators, coolers, and display cases. The building itself is not part of the sale.
The premises underwent a custom renovation with high-end design and finishes. A long-term lease for the space is welcomed, with flexible terms and conditions available. The business began operations in May 2024, and operations are expected to continue during the ownership transition. The current owners can provide training and transition assistance to the incoming operator.
The premises underwent a custom renovation with high-end design and finishes. A long-term lease for the space is welcomed, with flexible terms and conditions available. The business began operations in May 2024, and operations are expected to continue during the ownership transition. The current owners can provide training and transition assistance to the incoming operator.
Key Highlights
- Business sale includes commercial oven, mixers, donut machine, refrigerators, coolers, and display cases
- Established in May 2024 with donut, specialty baked‑goods, and ice cream operations
- Located in historic downtown Hillsdale
Property Analytics
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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
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Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Established bakery operation includes commercial equipment and an option to lease the renovated downtown premises.
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 sale includes commercial oven, mixers, donut machine, refrigerators, coolers, and display cases; Established in May 2024 with donut, specialty baked‑goods, and ice cream operations; Located in historic downtown Hillsdale
