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

306 W Russell Street, Hubbardston, MI 48845

$150,000

Property Type: Multi Family Lot Size (sq. ft.): 69,469 Status: Sold

Current Price: $150,000 List Date: 6/09/2025 Last Modified: 7/17/2026

Overview

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!

Listing Details MLS# 25027272

Location Property Info

County: Ionia
Street #: 306
Street Direction: W
Street Name: Russell
Suffix: Street
State: MI
Zip Code: 48845
Zip (4): 9312

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: Yes
Total Approx. SqFt All Bldgs: 15225
Total Parking Spaces: 38
Waterfront: No
School District: Carson City
Basement: No

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
Homestead %: 0

Remarks Misc

Directions: From Main & Washington in Hubbardston. Head North/East on Washington to Russell, North/West to Property.

Status Change Info

Under Contract Date: 2026-06-10
Sold Date: 2026-07-17
Sold Price/SqFt: 9.85

More Information

Access Feat

Accessibility Features: No

Unit 1

Unit Description: Apt 1
SqFt: 965
Occupied: Yes
Monthly Rent: 1200
Bathrooms: Yes
Full Baths: Yes
Range Oven: Yes
Refrigerator: Yes

Unit 2

Unit Description: Apt 2
SqFt: 848
Occupied: Yes
Monthly Rent: 1100
Bathrooms: Yes
Full Baths: Yes
Range/Oven: Yes
Refrigerator: Yes

Unit 3

Unit Description: Apt 3
SqFt: 878
Occupied: Yes
Monthly Rent: 1100
Bathrooms: Yes
Full Baths: Yes
Range/Oven: Yes
Refrigerator: Yes

Unit 4

Unit Description: 4
SqFt: 812
Occupied: Yes
Monthly Rent: 1100
Bathrooms: Yes
Full Baths: Yes
Range/Oven: Yes
Refrigerator: Yes

Unit 5

Unit Description: Apt 5
SqFt: 868
Occupied: Yes
Monthly Rent: 1100
Bathrooms: Yes
Full Baths: Yes

Unit 6

Unit Description: Office/TWP
SqFt: 768
Occupied: Yes
Monthly Rent: 300
Bathrooms: Yes
Full Baths: Yes

Unit 7

Unit Description: Office/Hist
SqFt: 712
Occupied: Yes
Bathrooms: Yes
Full Baths: Yes
Monthly Rent: 250

Location & Property Info

Cross Streets: Pearl and Russell
Property Sub-Type: 5+ Units
Area: Grand Rapids - G
Municipality: Hubbardston Vllg

Office/Contract Info

Auction or For Sale: For Sale
List Price/SqFt: 18.06

Remarks & Misc

Public Remarks: 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!
Legal: VILLAGE OF HUBBARDSTON LOT 199 EXP. COMMENCING AT THE NE CORNER OF LOT 199; THENCE NW ON THE NE LINE OFSAID LOT, 98 FT; THENCE SW PARALLELL WITH THE NE LINE OF SAID LOT, 200 FT; THENCE SW PARALLEL WITH THE NE LINE OF SAID LOT 98 FT; THENCE NE ALONG THE LINE BETWEEN LOTS 197 AND 199 200 FT TO THE POB: VILLAGE OF HUBBARDSTON LOT #200 SPLIT/COMBINED ON 03/02/2020 FROM 091-060-000-720-00;

Lot Description

Corner Lot: Yes
Level: Yes
Recreational: Yes
Sidewalk: Yes

Street Type

Paved: Yes
Public: Yes

Util Avail at Street

Cable Available: Yes
High Speed Internet: Yes
Natural Gas Available: Yes

Utilities Attached

Electricity Connected: Yes
Natural Gas Connected: Yes

Sewer

Septic Tank: Yes

Water

Well: Yes

Terms Available

Cash: Yes
Conventional: Yes

Mineral Rights

Unknown: Yes

Laundry Features

Main Level: Yes

Assoc. Amenities

Other: Yes

Exterior Material

Block: Yes

Roofing

Composition: Yes
Rubber: Yes

Heat Source

Natural Gas: Yes

Sale Conditions

None: Yes

Heat Type

Forced Air: Yes

Tenant Pays

None: Yes

Driveway

Concrete: Yes

Substructure

Slab: Yes

Extras

Tenant Storage: Yes

Owner Pays

Electricity: Yes
Gas: Yes

Possession

Subject To Tenant Rights: Yes

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 K Elliott

Last Updated: July - 17 - 2026

The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.