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
IDX
Listing Office: Greenridge Realty (Ionia)
Listing Agent: Darin K Elliott
Source MLS Verified
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.