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About This Home

This 0-bedroom, 0-bathroom commercial at 905 Delta Avenue in Gladstone, MI is listed for $209,995 ($57 per sqft). Built in 1900, the home offers 3,694 sqft of living space on a 0.08 acres lot.

Agent Description

Prime Downtown Gladstone Investment Opportunity! Here's your chance to own a turn-key mixed-use property in the heart of downtown Gladstone-one of the Upper Peninsula's 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, you'll find two beautifully maintained, move-in-ready apartments that have been thoughtfully cared for over the years-each 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 you're 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 throughout-inside 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 Gladstone-home to year-round events, the scenic waterfront, and a growing local business community-this 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 you're an i

nvestor, small business owner, or someone seeking a smart live-work opportunity, this property is a rare find in Gladstone's vibrant downtown district-offering 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

Key Features

  • Built in 1900
  • 0.08 acre lot

Property Details

1900

Amenities

A/C

Monthly Cost Estimate

$1,123/mo

20% down · 6.5% · 30 years

Principal$152
Interest$910
Insurance$61

Estimates only. Actual payments may vary.

Location

905 Delta Avenue

Gladstone, MI 49837

Property Details

Heating

Forced Air

Cooling

Ceiling Fan(s)Central Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 905 Delta Avenue is listed at $209,995 ($57/sqft). The estimated monthly payment is $910 based on 20% down at 6.5% interest.

Key features include: Built in 1900, 0.08 acre lot.

This property is listed by CHRISTOPHER GESTWICKI and can be reached at 9062808791 or chris@statewidemi.com.

CG

CHRISTOPHER GESTWICKI

Agent at STATE WIDE REAL ESTATE OF ESCANABA

(906) 280-8791

Listed by STATE WIDE REAL ESTATE OF ESCANABA

MLS# 50194332· Source: listhub· Updated 199 days ago

Copyright © 2026 Upper Peninsula Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

905 Delta Avenue, Gladstone, MI 49837

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