306 W Russell Street, Hubbardston, MI 48845 (MLS# 25027272)


$275,000
306 W Russell Street
Hubbardston, MI 48845
MLS# 25027272



306 W Russell Street, Hubbardston, MI 48845
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Property Description
One of a kind extremely solid investment opportunity. Huge 15,000+ sq ft building started its life out as a school but now offers 5 x 2 Bed residential apartments, multiple office spaces, multiple bathrooms, full kitchen, 42x65 gym, and tons of bonus space. Entire building including all apartments are zero grade. Wide open floor plans. Gym is currently being converted into 11+ 10x10 climate-controlled storage units. Building is built like a tank and is mechanically sound. New roof approx 7 years ago. 1.5 Acre site offers plenty of parking and large greenspace including playground area. Absolutely unlimited possibilities and potential. Hurry to get this one working for you!

Details
Location Property Info
County: Ionia
Street #: 306
Street Direction: W
Street Name: Russell
Suffix: Street
State: MI
Zip Code: 48845
Zip (4): 9312
Area: Grand Rapids - G
OfficeContract Info
Status: Active
Current Price: $275,000
List Price: $275,000
Listing Date: 2025-06-09
General Property Info
Lot Measurement: Acres
Lot Square Footage: 69469
Lot Acres: 1.59
Lot Dimensions: irregular
Year Built: 1973
New Construction: No
Cert of Compliance: No
Road Frontage: 194
Total # Units: 7
# of Diff Unit Floor Plans: 7
Total # Bldgs: 1
Total Approx. SqFt All Bldgs: 15225
Total Parking Spaces: 38
Waterfront: No
School District: Carson City
Tax Info
Tax ID #: 091-060-000-690-10
Taxable Value: 165900
SEV: 165900
For Tax Year: 2025
Seller's Annual Property Tax: 11618
Tax Year: 2024
Spec Assessment & Ty: n/a
Zoning: Commercial
Remarks Misc
Directions: From Main & Washington in Hubbardston. Head North/East on Washington to Russell, North/West to Property.
Access Feat
Accessibility Features: No
Unit 1
Unit Description: Apt 1
SqFt: 965
Occupied: Yes
Monthly Rent: 1200
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 2
Unit Description: Apt 2
SqFt: 848
Occupied: Yes
Monthly Rent: 1100
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 3
Unit Description: Apt 3
SqFt: 878
Occupied: Yes
Monthly Rent: 1100
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 4
Unit Description: 4
SqFt: 812
Occupied: Yes
Monthly Rent: 1100
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 5
Unit Description: Apt 5
SqFt: 868
Occupied: Yes
Monthly Rent: 1100
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 6
Unit Description: Office/TWP
SqFt: 768
Occupied: Yes
Monthly Rent: 300
Bathrooms: 1
Full Baths: 1
Unit 7
Unit Description: Office/Hist
SqFt: 712
Occupied: Yes
Bathrooms: 1
Full Baths: 1
Monthly Rent: 250
Property Features
Laundry Features: Main Level
Exterior Material: Block
Roofing: Composition; Rubber
Substructure: Slab
Lot Description: Corner Lot; Level; Recreational; Sidewalk
Sewer: Septic Tank
Water: Well
Utilities Attached: Electricity Connected; Natural Gas Connected
Util Avail at Street: Cable Available; High Speed Internet; Natural Gas Available
Extras: Tenant Storage
Owner Pays: Electricity; Gas
Tenant Pays: None
Heat Source: Natural Gas
Heat Type: Forced Air
Driveway: Concrete
Street Type: Paved; Public
Mineral Rights: Unknown
Terms Available: Cash; Conventional
Possession: Subject To Tenant Rights
Sale Conditions: None
Unit 1: Range Oven; Refrigerator
Unit 2: Range/Oven; Refrigerator
Unit 3: Range/Oven; Refrigerator
Unit 4: Range/Oven; Refrigerator

Listing Office: Greenridge Realty (Ionia)

Listing Agent: Darin Elliott

Last Updated: January - 12 - 2026

306 W Russell Street, Hubbardston, MI 48845 - MLS# 25027272

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