$275,000
Hubbardston, MI 48845
MLS# 25027272
1 / 87
Property 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!
Details
Maps
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
General Property Info
New Construction: No
Lot Dimensions: irregular
Road Frontage: 194
Cert of Compliance: No
Waterfront: No
Basement: No
Total # Units: 7
# of Diff Unit Floor Plans: 7
Total # Bldgs: 1
Total Approx. SqFt All Bldgs: 15225
Total Parking Spaces: 38
School District: Carson City
Lot Measurement: Acres
Lot Square Footage: 69469
Lot Acres: 1.59
Year Built: 1973
Tax Info
Taxable Value: 165900
SEV: 165900
For Tax Year: 2025
Seller's Annual Property Tax: 11618
Tax Year: 2024
Homestead %: 0
Spec Assessment & Ty: n/a
Zoning: Commercial
Tax ID #: 091-060-000-690-10
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: 1
Level: 1
Recreational: 1
Sidewalk: 1
Street Type
Paved: 1
Public: 1
Util Avail at Street
Cable Available: 1
High Speed Internet: 1
Natural Gas Available: 1
Utilities Attached
Electricity Connected: 1
Natural Gas Connected: 1
Sewer
Septic Tank: 1
Water
Well: 1
Terms Available
Cash: 1
Conventional: 1
Mineral Rights
Unknown: 1
Laundry Features
Main Level: 1
Assoc. Amenities
Other: 1
Exterior Material
Block: 1
Roofing
Composition: 1
Rubber: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Forced Air: 1
Access Feat
Accessibility Features: No
Tenant Pays
None: 1
Driveway
Concrete: 1
Substructure
Slab: 1
Extras
Tenant Storage: 1
Owner Pays
Electricity: 1
Gas: 1
Unit 1
Unit Description: Apt 1
SqFt: 965
Occupied: Yes
Monthly Rent: 1200
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Range Oven: 1
Refrigerator: 1
Unit 2
Unit Description: Apt 2
SqFt: 848
Occupied: Yes
Monthly Rent: 1100
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Range/Oven: 1
Refrigerator: 1
Unit 3
Unit Description: Apt 3
SqFt: 878
Occupied: Yes
Monthly Rent: 1100
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Range/Oven: 1
Refrigerator: 1
Unit 4
Unit Description: 4
SqFt: 812
Occupied: Yes
Monthly Rent: 1100
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Range/Oven: 1
Refrigerator: 1
Unit 5
Unit Description: Apt 5
SqFt: 868
Occupied: Yes
Monthly Rent: 1100
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 6
Unit Description: Office/TWP
SqFt: 768
Occupied: Yes
Monthly Rent: 300
Bathrooms: 1
Full Baths: 1
Unit 7
Unit Description: Office/Hist
SqFt: 712
Occupied: Yes
Bathrooms: 1
Full Baths: 1
Monthly Rent: 250
Possession
Subject To Tenant Rights: 1
Location Property Info
County: Ionia
Street #: 306
Street Direction: W
Street Name: Russell
Suffix: Street
State: MI
Zip Code: 48845
Zip (4): 9312
OfficeContract Info
Status: Active
Current Price: $275,000
List Price: $275,000
Listing Date: 2025-06-09
Remarks Misc
Directions: From Main & Washington in Hubbardston. Head North/East on Washington to Russell, North/West to Property.
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: March - 24 - 2026
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