306 W Russell Street, Hubbardston, MI 48845 (MLS# 25027287)


$275,000
306 W Russell Street
Hubbardston, MI 48845
MLS# 25027287
15225 sqft


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
New Construction: No
Lot Measurement: Acres
Lot Acres: 1.59
Lot Square Footage: 69469
Lot Dimensions: Irregular
Year Built: 1973
Road Frontage: 194
Total # Units: 7
# Fin Bldg Lvls: 1
# of Diff Unit Floor Plans: 7
Total # Bldgs: 1
Total SqFt: 15225
Total Net SqFt: 15225
Full Baths: 7
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: 14497
Tax Year: 2024
Spec Assessment & Type: n/a
Non-Conforming Use: No
Zoning: Commercial
Remarks Misc
Directions: From Main & Washington in Hubbardston. Head North/East on Washington to Russell, North/West to Property.
Additional Details
Total Parking Spaces: 38
Unit 1
Unit Description: 1
SqFt: 965
Rent $/Month: 1200
# Baths: 1
Unit 2
Unit Description: 2
SqFt: 848
Rent $/Month: 1100
# Baths: 1
Unit 3
Unit Description: 3
SqFt: 878
Rent $/Month: 1100
# Baths: 1
Unit 4
Unit Description: 4
SqFt: 812
Rent $/Month: 1100
# Baths: 1
Unit 5
Unit Description: 5
SqFt: 868
Rent $/Month: 1100
# Baths: 1
Unit 6
Unit Description: 6
SqFt: 768
Rent $/Month: 300
# Baths: 1
Unit 7
Unit Description: 7
SqFt: 712
Rent $/Month: 250
# Baths: 1
Property Features
Uses: Other
Ownership: LLC
Business Includes: Real Estate; Other
Construction Type: Block
Exterior Material: Block
Roofing: Composition; Rubber
Foundation: Slab
Below Grade: None
Additional Features: Bath Common Area; Multi User Facility
Sewer: Septic Tank
Water: Well
Utilities Attached: Electricity Connected; Natural Gas Connected
Util Avail at St: Cable Available; High Speed Internet; Natural Gas Available
Heat Source: Natural Gas
Heat Type: Forced Air
Driveway: Concrete
Street Type: Paved; Public
Purchase Terms Avail: Cash; Conventional
Sale Conditions: None
Possession: Subject To Tenant Rights

Listing Office: Greenridge Realty (Ionia)

Listing Agent: Darin Elliott

Last Updated: January - 12 - 2026

306 W Russell Street, Hubbardston, MI 48845 - MLS# 25027287

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