306 W Russell Street Hubbardston, MI ^$ 424,900

306 W Russell Street

^$ 424,900

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306 W Russell Street

Hubbardston, MI, 48845

^$ 424,900

Bedrooms-- Baths-- Sq 15,225

Monthly Estimate*

^$ 2,651

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Commercial Property for sale in Hubbardston, MI

for $424,900. This 15,225 square foot building was built in 1973 on a lot size of 1.59.

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!

Commercial Active

Price

^$ 424,900

Property Type

Commercial

Taxes

^$ 14,497

Style

Business

Lot Size

1.59

Year Built

1973

Town/City

Hubbardston

County/Region

Ionia

MLS | Web ID

70473943

Features

General

Heating Forced Air

Roof Composite Rubber

Status Active Active

Year Built 1973

Parking 21+ Spaces

County Ionia

Class COM/IND/BUS OPP

Type Business

Ownership LLC

Municipality Hubbardston

Zoning Commercial

Subdivision MI

Sale/Rent For Sale

Status Detail 0

Commercial Features Bath

Area Hubbardston (34019)

Primary City Hubbardston

Virtual Tour https://harrcreative.com/index.php?eddfile=87501%3A125122%3A1&ttl=1780443008&file=1&token=8cbebb75c040cdf75d3ef096da6279ecfe1c2ff9d8cab80c250a6ecd5be3b1b0&oiid=17891

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

City Hubbardston

Financial Terms Cash Conventional

Legal Description LL in LO

DOM 184

Postal Code 48845

Price Per Sq Ft Total AG 27.91

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

Exterior

Exterior Block

Frontage 194

Lot Size Area 1.59

Lot Dimensions Irregular

Roads City/County Paved Street

Waterfront Y/N No

Interior

Fuel Type Natural Gas

* Excluded Features

List By

Darin Elliott

Listing Agent

Greenridge Realty (Ionia)

Broker

delliott@greenridge.com

Affordability Calculator

$3,859

Per Month

Monthly Principal & Interest: $2,651
Monthly Property Taxes: $1,208
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Hubbardston, MI

Average List Price ^$424,900

Percent of Sale Price 0%

About Hubbardston, MI

390 Population

-2% Since 2002

^$52,897 Median Income

43.64 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

Pricing History

Date	Price	Price Change	Description
8/14/2025	$424,900	-10.53%	Price Down
8/2/2025	$474,900	-4.73%	Price Down
7/11/2025	$498,500	-9.35%	Price Down
6/9/2025	$549,900		Listed Price

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306 W Russell Street, Hubbardston, MI, 48845 is a Commercial Property for sale at $424,900 with 15,225 sqft and a lot size of 1.59. 306 W Russell Street was built in 1973. The property's zip code is 48845 which is in Hubbardston, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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306 W Russell Street

Commercial Property for sale in Hubbardston, MI

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