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Turn-Key Donut and Ice Cream Shop

45 N Broad Street Hillsdale, MI 49242

Claim this Listing
For Sale
$149,000

COMMERCIAL - Hillsdale, MI

Property size:
5,146 SF
Lot size:
0.19 Acres
Price / SF:
$28.95/SF
Added:
May 27, 2026
Days on Market:
49
Last Refresh:
Jul 14 at 8:06 am

Property Features for 45 N Broad Street

General Information

Property type
Commercial Sale
Property subtype
Other
Bathrooms
2
Rooms
Basement, Bathroom 2, Bathroom 1
Interior features
Broadband
Standard status
Active
APN
006-126-160-12
Size
5,146 SF
Lot size
0.19 Acres

Taxes and HOA fees

Tax Year
2025
Tax 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)
Tax Annual Amount
5500

Utilities

Utilities
Cable Available
Heating system
Forced Air
Cooling system
Central Air

Building Details

Year built
1890
Floors in Building
3
Number of units
3

Listing agent Shawn Vondra

Listing office Spieth & Satow Auctions & Real Estate 6 S Howell St., Hillsdale, MI

Listing date May 27, 2026

MLS# 26024999

Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

Turn-key donut and ice cream business for sale at 45 N Broad Street in Hillsdale, Michigan. The sale includes the operating assets needed to continue bakery production, including a commercial oven, mixers, donut machine, pots and pans, refrigerators, coolers, and display cases. Operations are set up to support custom donuts, specialty baked goods, and ice cream.

The business launched in May 2024 and is currently operating through the ownership transition. The property space was custom renovated with updated design and finishes to support the current concept.

Importantly, this 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 and conditions, and the current owners can assist with training to support a smooth handoff.

Key Highlights

  • Business for sale: Ethan's Donut Factory & Ice Cream in historic downtown Hillsdale (business only; building not included).
  • Includes bakery equipment: commercial oven, mixer(s), donut machine, refrigerators, coolers, display cases, and pots/pans.
  • Operations launched in May 2024; business operations can continue through the ownership transition.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Conventional restaurants

Suggested Use

Building Supply Big Box & Wholesale Store Dental Office Auto Parts Store Kitchen & Bath Showroom Electrical Service Storage Facility HVAC Service Furniture & Home Goods Garden Center

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

FAQs

What type of property is this?
Conventional restaurant - Established donut and ice cream business includes the commercial baking and display equipment; building is leased separately.
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 (business only; building not included).; Includes bakery equipment: commercial oven, mixer(s), donut machine, refrigerators, coolers, display cases, and pots/pans.; Operations launched in May 2024; business operations can continue through the ownership transition.
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