47 N Broad Street Active Save Request In-Person Tour Request Virtual Tour
Hillsdale,MI 49242
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 4,326 sqft
Price per Sqft $87
MLS Listing ID 25006677
Full Baths 3
Year Built 1900
Annual Tax Amount $3,630
Tax Year 2024
Lot Size 6,534 Sqft
Property Sub-Type Business
Property Description
Located in the vibrant, growing downtown, this commercial building offers unmatched frontage on Hillsdale's main thoroughfare. The main business, currently operating as a recreational venue, comes with a full bar and includes a liquor license. The spacious, recently renovated upstairs apartment features 2 bedrooms and 1 bath, complete with in-unit washer/dryer, and generates $1,400/month in rental income (tenant rights, lease through 10/15/2025).
Every inch of this building has been thoughtfully renovated, ensuring a modern, move-in ready space. The property also includes a large, versatile basement with garage door for entry. (1854 sq ft), offering endless possibilities for storage or expansion. There are separate electric panels for the apartment and the commercial space.
Location
State MI
County Hillsdale
Area Hillsdale County - X
Interior
Heating Forced Air
Cooling Wall Unit(s)
Inclusions Real Estate, Licenses, Furniture
Exterior
Utilities Available Cable Available,Phone Connected,Natural Gas Connected,Electricity Connected
View Y/N No
Roof Type Rubber
Building
Structure Type Block,Brick
New Construction No
Schools
School District Hillsdale
Others
Acceptable Financing Conventional,Cash
Listing Terms Conventional,Cash