# 45 N Broad Street, Hillsdale, MI 49242

> **TL;DR:** 0bd/2ba commercial, $99,000 ($19/sqft), built 1890, 5,146 sqft.
> A/C. Est. $530/mo. Listed 158 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $99,000 |
| Price/sqft | $19 |
| Bathrooms | 2 full |
| Square Feet | 5,146 |
| Year Built | 1890 |
| Lot Size | 8,276 sqft (0.19 acres) |
| Stories | 3 |
| Property Type | Commercial (Other) |
| Status | Active |
| Days on Market | 158 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $501 |
| Estimated Insurance | $29 |
| **Total** | **$530** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1890
- 0.19 acre lot
- 3 stories

## Description

### Agent Description
The business of Ethan's Donut Factory & Ice Cream is for sale. This is a great opportunity to purchase a ''turn key'' business in the heart of historic downtown Hillsdale. The sale of the business includes everything the new owner will need to continue the existing bakery operations, including commercial oven, mixer(s), donut machine, pots/pans, refrigerators, coolers, display cases. The business launched in May 2024 and quickly became known for its custom donuts, specialty baked goods and delicious ice cream. Business operations will continue through the transition of ownership. The building went through a custom renovation with high-end design and finishes. The 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/conditions. The current owners can assist and provide training to ensure a smooth transition.

## Location

- **Address:** 45 N Broad Street, Hillsdale, MI 49242
- **County:** Hillsdale
- **Coordinates:** 41.921407, -84.63089
- **Google Maps:** https://www.google.com/maps?q=41.921407,-84.63089

## Listing Agent

- **Name:** Shawn Vondra
- **Brokerage:** Spieth & Satow Auctions & Real Estate
- **Broker Phone:** 517-439-2528
- **Listing URL:** [View original listing](http://public.grar.com/public/ePubRecn.mac/start?MLS=26024999)

## Photos

![45 N Broad Street - Photo 1](http://lh.rdcpix.com/e4f55d97dd75f99355127e56f05da8a3l-f1724186383r.jpg)

![45 N Broad Street - Photo 2](http://lh.rdcpix.com/e4f55d97dd75f99355127e56f05da8a3l-f1544728792r.jpg)

![45 N Broad Street - Photo 3](http://lh.rdcpix.com/e4f55d97dd75f99355127e56f05da8a3l-f3727368825r.jpg)

![45 N Broad Street - Photo 4](http://lh.rdcpix.com/e4f55d97dd75f99355127e56f05da8a3l-f3602881682r.jpg)

![45 N Broad Street - Photo 5](http://lh.rdcpix.com/e4f55d97dd75f99355127e56f05da8a3l-f1833632204r.jpg)

![45 N Broad Street - Photo 6](http://lh.rdcpix.com/e4f55d97dd75f99355127e56f05da8a3l-f1651175731r.jpg)

![45 N Broad Street - Photo 7](http://lh.rdcpix.com/e4f55d97dd75f99355127e56f05da8a3l-f3351644576r.jpg)

![45 N Broad Street - Photo 8](http://lh.rdcpix.com/e4f55d97dd75f99355127e56f05da8a3l-f2181075263r.jpg)

![45 N Broad Street - Photo 9](http://lh.rdcpix.com/e4f55d97dd75f99355127e56f05da8a3l-f4071320997r.jpg)

![45 N Broad Street - Photo 10](http://lh.rdcpix.com/e4f55d97dd75f99355127e56f05da8a3l-f3334605488r.jpg)

![45 N Broad Street - Photo 11](http://lh.rdcpix.com/e4f55d97dd75f99355127e56f05da8a3l-f2321970558r.jpg)

![45 N Broad Street - Photo 12](http://lh.rdcpix.com/e4f55d97dd75f99355127e56f05da8a3l-f3378760644r.jpg)

![45 N Broad Street - Photo 13](http://lh.rdcpix.com/e4f55d97dd75f99355127e56f05da8a3l-f3425465930r.jpg)

![45 N Broad Street - Photo 14](http://lh.rdcpix.com/e4f55d97dd75f99355127e56f05da8a3l-f221661227r.jpg)

![45 N Broad Street - Photo 15](http://lh.rdcpix.com/e4f55d97dd75f99355127e56f05da8a3l-f3733685562r.jpg)

![45 N Broad Street - Photo 16](http://lh.rdcpix.com/e4f55d97dd75f99355127e56f05da8a3l-f428235363r.jpg)

![45 N Broad Street - Photo 17](http://lh.rdcpix.com/e4f55d97dd75f99355127e56f05da8a3l-f2456438325r.jpg)

![45 N Broad Street - Photo 18](http://lh.rdcpix.com/e4f55d97dd75f99355127e56f05da8a3l-f1749990200r.jpg)

![45 N Broad Street - Photo 19](http://lh.rdcpix.com/e4f55d97dd75f99355127e56f05da8a3l-f2511889973r.jpg)

![45 N Broad Street - Photo 20](http://lh.rdcpix.com/e4f55d97dd75f99355127e56f05da8a3l-f1453972473r.jpg)

![45 N Broad Street - Photo 21](http://lh.rdcpix.com/e4f55d97dd75f99355127e56f05da8a3l-f658438369r.jpg)

![45 N Broad Street - Photo 22](http://lh.rdcpix.com/e4f55d97dd75f99355127e56f05da8a3l-f1230387524r.jpg)

![45 N Broad Street - Photo 23](http://lh.rdcpix.com/e4f55d97dd75f99355127e56f05da8a3l-f4056270764r.jpg)

![45 N Broad Street - Photo 24](http://lh.rdcpix.com/e4f55d97dd75f99355127e56f05da8a3l-f1137998458r.jpg)

![45 N Broad Street - Photo 25](http://lh.rdcpix.com/e4f55d97dd75f99355127e56f05da8a3l-f261426759r.jpg)

![45 N Broad Street - Photo 26](http://lh.rdcpix.com/e4f55d97dd75f99355127e56f05da8a3l-f2813202065r.jpg)

![45 N Broad Street - Photo 27](http://lh.rdcpix.com/e4f55d97dd75f99355127e56f05da8a3l-f481949392r.jpg)

![45 N Broad Street - Photo 28](http://lh.rdcpix.com/e4f55d97dd75f99355127e56f05da8a3l-f3038375921r.jpg)

![45 N Broad Street - Photo 29](http://lh.rdcpix.com/e4f55d97dd75f99355127e56f05da8a3l-f1259560068r.jpg)

---

**MLS#:** 26024999 | **Updated:** 2026-10-30
**Source:** listhub

*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.*

[View on PropertySimple](https://staging.propertysimple.ai/listing/45-n-broad-street-hillsdale-mi-49242-8b71ea552efd48508ec18703894371cf)

---

## Structured Data

```json
{
  "@context": "https://schema.org",
  "@type": "RealEstateListing",
  "@id": "https://staging.propertysimple.ai/listing/45-n-broad-street-hillsdale-mi-49242-8b71ea552efd48508ec18703894371cf#listing",
  "url": "https://staging.propertysimple.ai/listing/45-n-broad-street-hillsdale-mi-49242-8b71ea552efd48508ec18703894371cf",
  "name": "45 N Broad Street, Hillsdale, MI 49242",
  "description": "The business of Ethan's Donut Factory & Ice Cream is for sale. This is a great opportunity to purchase a ''turn key'' business in the heart of historic downtown Hillsdale. The sale of the business includes everything the new owner will need to continue the existing bakery operations, including commercial oven, mixer(s), donut machine, pots/pans, refrigerators, coolers, display cases. The business launched in May 2024 and quickly became known for its custom donuts, specialty baked goods and delicious ice cream. Business operations will continue through the transition of ownership. The building went through a custom renovation with high-end design and finishes. The 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/conditions. The current owners can assist and provide training to ensure a smooth transition.",
  "image": [
    "http://lh.rdcpix.com/e4f55d97dd75f99355127e56f05da8a3l-f1724186383r.jpg",
    "http://lh.rdcpix.com/e4f55d97dd75f99355127e56f05da8a3l-f1544728792r.jpg",
    "http://lh.rdcpix.com/e4f55d97dd75f99355127e56f05da8a3l-f3727368825r.jpg",
    "http://lh.rdcpix.com/e4f55d97dd75f99355127e56f05da8a3l-f3602881682r.jpg",
    "http://lh.rdcpix.com/e4f55d97dd75f99355127e56f05da8a3l-f1833632204r.jpg",
    "http://lh.rdcpix.com/e4f55d97dd75f99355127e56f05da8a3l-f1651175731r.jpg",
    "http://lh.rdcpix.com/e4f55d97dd75f99355127e56f05da8a3l-f3351644576r.jpg",
    "http://lh.rdcpix.com/e4f55d97dd75f99355127e56f05da8a3l-f2181075263r.jpg",
    "http://lh.rdcpix.com/e4f55d97dd75f99355127e56f05da8a3l-f4071320997r.jpg",
    "http://lh.rdcpix.com/e4f55d97dd75f99355127e56f05da8a3l-f3334605488r.jpg",
    "http://lh.rdcpix.com/e4f55d97dd75f99355127e56f05da8a3l-f2321970558r.jpg",
    "http://lh.rdcpix.com/e4f55d97dd75f99355127e56f05da8a3l-f3378760644r.jpg",
    "http://lh.rdcpix.com/e4f55d97dd75f99355127e56f05da8a3l-f3425465930r.jpg",
    "http://lh.rdcpix.com/e4f55d97dd75f99355127e56f05da8a3l-f221661227r.jpg",
    "http://lh.rdcpix.com/e4f55d97dd75f99355127e56f05da8a3l-f3733685562r.jpg",
    "http://lh.rdcpix.com/e4f55d97dd75f99355127e56f05da8a3l-f428235363r.jpg",
    "http://lh.rdcpix.com/e4f55d97dd75f99355127e56f05da8a3l-f2456438325r.jpg",
    "http://lh.rdcpix.com/e4f55d97dd75f99355127e56f05da8a3l-f1749990200r.jpg",
    "http://lh.rdcpix.com/e4f55d97dd75f99355127e56f05da8a3l-f2511889973r.jpg",
    "http://lh.rdcpix.com/e4f55d97dd75f99355127e56f05da8a3l-f1453972473r.jpg",
    "http://lh.rdcpix.com/e4f55d97dd75f99355127e56f05da8a3l-f658438369r.jpg",
    "http://lh.rdcpix.com/e4f55d97dd75f99355127e56f05da8a3l-f1230387524r.jpg",
    "http://lh.rdcpix.com/e4f55d97dd75f99355127e56f05da8a3l-f4056270764r.jpg",
    "http://lh.rdcpix.com/e4f55d97dd75f99355127e56f05da8a3l-f1137998458r.jpg",
    "http://lh.rdcpix.com/e4f55d97dd75f99355127e56f05da8a3l-f261426759r.jpg",
    "http://lh.rdcpix.com/e4f55d97dd75f99355127e56f05da8a3l-f2813202065r.jpg",
    "http://lh.rdcpix.com/e4f55d97dd75f99355127e56f05da8a3l-f481949392r.jpg",
    "http://lh.rdcpix.com/e4f55d97dd75f99355127e56f05da8a3l-f3038375921r.jpg",
    "http://lh.rdcpix.com/e4f55d97dd75f99355127e56f05da8a3l-f1259560068r.jpg"
  ],
  "primaryImageOfPage": {
    "@type": "ImageObject",
    "url": "http://lh.rdcpix.com/e4f55d97dd75f99355127e56f05da8a3l-f1724186383r.jpg",
    "caption": "45 N Broad Street - Hillsdale, MI"
  },
  "datePosted": "2026-05-27",
  "dateModified": "2026-10-30T09:22:37.811Z",
  "mainEntity": {
    "@type": "Place",
    "@id": "https://staging.propertysimple.ai/listing/45-n-broad-street-hillsdale-mi-49242-8b71ea552efd48508ec18703894371cf#property",
    "name": "45 N Broad Street, Hillsdale, MI 49242",
    "address": {
      "@type": "PostalAddress",
      "streetAddress": "45 N Broad Street",
      "addressLocality": "Hillsdale",
      "addressRegion": "MI",
      "postalCode": "49242",
      "addressCountry": "US"
    },
    "geo": {
      "@type": "GeoCoordinates",
      "latitude": 41.921407,
      "longitude": -84.63089
    },
    "image": [
      "http://lh.rdcpix.com/e4f55d97dd75f99355127e56f05da8a3l-f1724186383r.jpg",
      "http://lh.rdcpix.com/e4f55d97dd75f99355127e56f05da8a3l-f1544728792r.jpg",
      "http://lh.rdcpix.com/e4f55d97dd75f99355127e56f05da8a3l-f3727368825r.jpg",
      "http://lh.rdcpix.com/e4f55d97dd75f99355127e56f05da8a3l-f3602881682r.jpg",
      "http://lh.rdcpix.com/e4f55d97dd75f99355127e56f05da8a3l-f1833632204r.jpg",
      "http://lh.rdcpix.com/e4f55d97dd75f99355127e56f05da8a3l-f1651175731r.jpg",
      "http://lh.rdcpix.com/e4f55d97dd75f99355127e56f05da8a3l-f3351644576r.jpg",
      "http://lh.rdcpix.com/e4f55d97dd75f99355127e56f05da8a3l-f2181075263r.jpg",
      "http://lh.rdcpix.com/e4f55d97dd75f99355127e56f05da8a3l-f4071320997r.jpg",
      "http://lh.rdcpix.com/e4f55d97dd75f99355127e56f05da8a3l-f3334605488r.jpg",
      "http://lh.rdcpix.com/e4f55d97dd75f99355127e56f05da8a3l-f2321970558r.jpg",
      "http://lh.rdcpix.com/e4f55d97dd75f99355127e56f05da8a3l-f3378760644r.jpg",
      "http://lh.rdcpix.com/e4f55d97dd75f99355127e56f05da8a3l-f3425465930r.jpg",
      "http://lh.rdcpix.com/e4f55d97dd75f99355127e56f05da8a3l-f221661227r.jpg",
      "http://lh.rdcpix.com/e4f55d97dd75f99355127e56f05da8a3l-f3733685562r.jpg",
      "http://lh.rdcpix.com/e4f55d97dd75f99355127e56f05da8a3l-f428235363r.jpg",
      "http://lh.rdcpix.com/e4f55d97dd75f99355127e56f05da8a3l-f2456438325r.jpg",
      "http://lh.rdcpix.com/e4f55d97dd75f99355127e56f05da8a3l-f1749990200r.jpg",
      "http://lh.rdcpix.com/e4f55d97dd75f99355127e56f05da8a3l-f2511889973r.jpg",
      "http://lh.rdcpix.com/e4f55d97dd75f99355127e56f05da8a3l-f1453972473r.jpg",
      "http://lh.rdcpix.com/e4f55d97dd75f99355127e56f05da8a3l-f658438369r.jpg",
      "http://lh.rdcpix.com/e4f55d97dd75f99355127e56f05da8a3l-f1230387524r.jpg",
      "http://lh.rdcpix.com/e4f55d97dd75f99355127e56f05da8a3l-f4056270764r.jpg",
      "http://lh.rdcpix.com/e4f55d97dd75f99355127e56f05da8a3l-f1137998458r.jpg",
      "http://lh.rdcpix.com/e4f55d97dd75f99355127e56f05da8a3l-f261426759r.jpg",
      "http://lh.rdcpix.com/e4f55d97dd75f99355127e56f05da8a3l-f2813202065r.jpg",
      "http://lh.rdcpix.com/e4f55d97dd75f99355127e56f05da8a3l-f481949392r.jpg",
      "http://lh.rdcpix.com/e4f55d97dd75f99355127e56f05da8a3l-f3038375921r.jpg",
      "http://lh.rdcpix.com/e4f55d97dd75f99355127e56f05da8a3l-f1259560068r.jpg"
    ],
    "identifier": {
      "@type": "PropertyValue",
      "propertyID": "MLS",
      "value": "26024999"
    },
    "amenityFeature": [
      {
        "@type": "LocationFeatureSpecification",
        "name": "Heating",
        "value": "Forced Air"
      },
      {
        "@type": "LocationFeatureSpecification",
        "name": "Cooling",
        "value": "Central Air"
      },
      {
        "@type": "LocationFeatureSpecification",
        "name": "Air Conditioning",
        "value": true
      }
    ],
    "additionalProperty": [
      {
        "@type": "PropertyValue",
        "name": "Lot Size",
        "value": "0.19 acres"
      },
      {
        "@type": "PropertyValue",
        "name": "Stories",
        "value": 3
      },
      {
        "@type": "PropertyValue",
        "name": "Property Subtype",
        "value": "Other"
      },
      {
        "@type": "PropertyValue",
        "name": "Property Type",
        "value": "Commercial"
      }
    ]
  },
  "offers": {
    "@type": "Offer",
    "@id": "https://staging.propertysimple.ai/listing/45-n-broad-street-hillsdale-mi-49242-8b71ea552efd48508ec18703894371cf#offer",
    "url": "https://staging.propertysimple.ai/listing/45-n-broad-street-hillsdale-mi-49242-8b71ea552efd48508ec18703894371cf",
    "price": 99000,
    "priceCurrency": "USD",
    "businessFunction": "http://purl.org/goodrelations/v1#Sell",
    "availability": "https://schema.org/InStock",
    "seller": {
      "@id": "https://staging.propertysimple.ai/listing/45-n-broad-street-hillsdale-mi-49242-8b71ea552efd48508ec18703894371cf#agent"
    }
  },
  "provider": {
    "@type": "Person",
    "@id": "https://staging.propertysimple.ai/listing/45-n-broad-street-hillsdale-mi-49242-8b71ea552efd48508ec18703894371cf#agent",
    "name": "Shawn Vondra",
    "worksFor": {
      "@type": "Organization",
      "@id": "https://staging.propertysimple.ai/listing/45-n-broad-street-hillsdale-mi-49242-8b71ea552efd48508ec18703894371cf#brokerage",
      "name": "Spieth & Satow Auctions & Real Estate",
      "telephone": "517-439-2528"
    }
  }
}
```