905 Delta Avenue
Gladstone, MI, 49837 $ 219,995
Bedrooms-- Baths-- Sq 3,694 Monthly Estimate*
$ 1,355
for $219,995. This 3,694 square foot building was built in 1900 on a lot size of 0.08.
Prime Downtown Gladstone Investment Opportunity! Hereâs your chance to own a turn-key mixed-use property in the heart of downtown Gladstoneâone of the Upper Peninsulaâs most charming, walkable, and growing communities. Ideally located just steps from local shops, dining, and the Gladstone Farmers Market, this well-cared-for two-story building offers exceptional versatility, income potential, and classic small-town charm. The main level features a long-established barbershop, a trusted local business with excellent street visibility, consistent clientele, and strong community presence. This space is move-in ready for continued operation or conversion to another retail or service use. Its attractive storefront and central location make it a true downtown staple. Upstairs, youâll find two beautifully maintained, move-in-ready apartments that have been thoughtfully cared for over the yearsâeach with bright natural light, clean finishes, and proven rental appeal. These units offer steady income potential for the next owner. The third apartment provides an excellent fixer-upper opportunity, allowing you to add value and increase future rental returns. Whether youâre looking to generate consistent income, live on-site, or expand your investment portfolio, this property provides flexibility and upside. A full basement adds valuable storage and utility space, along with an office area that could easily serve as a workshop, additional rental unit, or business operations hub. Outside, a two-car garage and extra storage space enhance functionality for both tenants and business use. Pride of ownership is evident throughoutâinside and out. The building has been beautifully maintained, offering a strong foundation for years to come. With its central location and the continued revitalization of downtown Gladstoneâhome to year-round events, the scenic waterfront, and a growing local business communityâthis property represents both immediate value and long-term growth potential. Location: Downtown Gladstone, Michigan Property Type: Mixed-Use (Barbershop + 3 Apartments) Highlights: Two updated, move-in-ready apartments One apartment ready for renovation and added equity Established main-level barbershop Two-car garage + additional storage Full basement and office area Excellent visibility and curb appeal Whether youâre an investor, small business owner, or someone seeking a smart live-work opportunity, this property is a rare find in Gladstoneâs vibrant downtown districtâoffering character, income, and potential all in one package. Current Rental Structure: ⢠Apartment 1: $550/month, no lease, no security deposit ⢠Apartment 2: $550/month, $450 security deposit, active lease ⢠Apartment 3: $400/month, no lease, no security deposit ⢠Commercial Space: $750/month, no lease, no security deposit
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FeaturesGeneralHeating Forced Air
Cooling Ceiling Fan(s) Central A/C
Roof Metal
Water Public Water
Status Active Active
Year Built 1900
Parking 3-5 Spaces On Site
Water Heater Gas
County Delta
Class COM/IND/BUS OPP
Type Commercial/Industrial
Ownership Private
Municipality Gladstone
Zoning 3+ Multi Mixed Use Professional Office Commercial Residential
Subdivision MI
Sale/Rent For Sale
Status Detail 0
Commercial Features 220 Volt Power Alley Cable Internet Installed Cable TV Available Cafe/Kitchen Display Window Electric Available Gas Available Living Quarters Living Quarters Attached Meeting Rooms No Elevator
Area Gladstone (21015)
Primary City Gladstone
Location Main Street Residential Area
Directions 905 Delta Ave Gladstone
City Gladstone
Financial Terms Cash Commercial Loan Conventional
Legal Description Lot 3 BLK 48 ORIGINAL PLAT OF CITY OF GLADSTONE
DOM 136
Postal Code 49837
Price Per Sq Ft Total AG 59.55
Public Remarks Prime Downtown Gladstone Investment Opportunity! Hereâs your chance to own a turn-key mixed-use property in the heart of downtown Gladstoneâone of the Upper Peninsulaâs most charming walkable
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ExteriorExterior Vinyl Siding Vinyl Trim
Lot Size Area 0.08
Lot Dimensions 28x140
Lot Description Downtown Dev Authority Industrial Storm Drains Utilities Above Ground
Water Features None
Roads City/County Curbed Paved Street Year Round
Waterfront Y/N No
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InteriorCeiling Height Less than 16 Ft.
Fuel Type Natural Gas
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* Excluded FeaturesList ByCHRISTOPHER GESTWICKIListing Agent
State Wide Real Estate Of EscanabaBroker
chris@statewidemi.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $1,355
- Monthly Property Taxes
- $299
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% 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.
Learn more about how to save NearbyCommerical listings in Gladstone, MI
Average List Price $201,724
Percent of Sale Price 8%
About Gladstone, MI 5,080 Population
-7% Since 2002
$ 50,498 Median Income
44.5 Median Age
32% Households with Children
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 |
|---|
| 3/30/2026 | $219,995 | | Listed Price |