MLS # 25027272 (Michigan Regional Information Center (MichRIC))

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!
Source: SparkMLS
Asking $275,000.
Estimated annual property tax: $11,618, or about $968 monthly. Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Fiber internet is available at this address with download speeds up to 1,200 Mbps across 9 providers. Electric service is provided by Consumers Energy Company.
Location
Construction & Systems
Sale & Financing
Source: SparkMLS
Source: SparkMLS
Legal 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;
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Darin K Elliott
Greenridge Realty (Ionia)
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Download
1.2 Gbps
Upload
1 Gbps
FCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Consumers Energy Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
306 W Russell Street, Hubbardston, MI 48845
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Municipality
Hubbardston Village
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