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Unique Hubbardston Mixed-Use Investment Opportunity

306 W Russell Street Hubbardston, MI 48845

306 W Russell Street, Hubbardston, MI, 48845
$275,000
For Sale
$275,000

MULTI_FAMILY - Hubbardston, MI

Lot Size1.59 Acres
Days on Market403

Property Features for 306 W Russell Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
10
Rooms
Bathroom 2, Bedroom 3, Bedroom 10, Bathroom 3, Bedroom 5, Bathroom 5, Bathroom 7, Bedroom 8, Bathroom 1, Bedroom 6, Bedroom 2, Bathroom 4, Bedroom 4, Bedroom 1, Bedroom 7, Bathroom 6, Bedroom 9
Parking
38
Parking features
Driveway
Standard status
Active
APN
091-060-000-690-10
Lot size
1.59 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
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;
Tax Annual Amount
11618

Utilities

Utilities
Cable Available
Sewer type
Septic Tank
Heating system
Forced Air
Water source
Well

Building Details

Year built
1973
Number of units
7
Building materials
Block
Roof type
Rubber, Composition
Listing Agency Greenridge Realty (Ionia)
2031 S State Rd, Suite C, Grand Rapids, MI
Listed by Darin K Elliott
Added: Jun 9, 2025 Checked: Jul 16 at 5:06 pm
MLS# 25027272 Listing URL

Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This unique investment opportunity features a solid 15,000+ sq ft building, originally a school, now offering a mix of residential and commercial spaces. The property includes 5 two-bedroom residential apartments, multiple office spaces, multiple bathrooms, and a full kitchen. A 42x65 foot gym is currently being converted into 11 or more 10x10 climate-controlled storage units. The entire building, including all apartments, is zero grade, featuring wide open floor plans. Constructed for durability, the building is mechanically sound and has a roof that is approximately 7 years old. Situated on a 1.5-acre site, the property provides ample parking and a large greenspace, including a playground area. The property offers unlimited possibilities and potential.

Key Highlights

  • Huge 15,000+ sq ft building with diverse potential uses.
  • Includes 5 x 2 Bed residential apartments, multiple office spaces, full kitchen, and a 42x65 gym (convertible to storage).
  • 1.5 Acre site with ample parking, large greenspace, and a playground area.

Property Analytics

Location Intelligence

Current Use by Public Records

Hubbardston Storage Units Storage Facility

Suggested Use

Storage Facility Kitchen & Bath Showroom Hair Salon Nail Salon Grocery & Convenience Store Food Market Spa & Massage Center Bed & Breakfast Hotel & Motel Nursing Home

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Mixed-use property - Solid investment property with apartments, offices, gym, and storage.
Where is this mixed-use property located?
The property is located at 306 W Russell Street Hubbardston, MI.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Huge 15,000+ sq ft building with diverse potential uses.; Includes **5 x 2 Bed residential apartments**, multiple office spaces, full kitchen, and a 42x65 gym (convertible to storage).; 1.5 Acre site with ample parking, large greenspace, and a playground area.
Contact an agent
More about this property
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