Mixed-Use Income
For Sale
Contact for pricing
Pending
132 West Cedar Avenue, Gladwin, MI 48624
Remodeled in 2013 with a first-floor salon and two upstairs residential rentals, plus new roof and electrical upgrades.
Property SizeContact for details
Days on Market125
Property Features for 132 West Cedar Avenue
General Information
Standard status
Pending
Property subtype
Retail, Office
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Multifamily Units
2
Building Details
Year Renovated
2013
Stories
2
Tenancy
Multi
Listing Agency:
Northern Commercial Real Estate
Listed By:
Steve Stark · License #MI
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Aug 11 at 6:30PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Northern Commercial Real Estate
Investment Insights
Based on property information with market context.
This mixed-use income property was fully remodeled in 2013 and is designed to combine income-generating space on two levels. The first floor operates as a salon, while the second floor includes two residential rental units. The property also features a new Durolast roof and electrical upgrades completed as part of the remodeling work.
The building is located at 132 West Cedar Avenue in downtown Gladwin, Michigan, with access to M-18 and M-61. The prior use is identified as the former Zettel Drug Store.
Overall, the configuration supports an owner seeking a retail-style storefront presence paired with two residential units above.
The building is located at 132 West Cedar Avenue in downtown Gladwin, Michigan, with access to M-18 and M-61. The prior use is identified as the former Zettel Drug Store.
Overall, the configuration supports an owner seeking a retail-style storefront presence paired with two residential units above.
Key Highlights
- Former Zettel Drug Store building on M‑18 and M‑61 in downtown Gladwin, Michigan
- Remodeled in 2013 with a first‑floor salon
- Two residential rental units upstairs
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
516
Businesses Nearby
Explore this area
Business Placement
Demographics for 48624, MI
15,739
Population
11,073
Households
1.4
Avg Household Size
51
Median Age
15%
College-Educated
88%
High-School Grad
341.2 sq mi
ZIP Area
46
Density / Sq Mi
$55,415
Median Household Income
$35,481
Median Earnings
$689
Median Rent
$154,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Remodeled in 2013 with a first-floor salon and two upstairs residential rentals, plus new roof and electrical upgrades.
Where is this duplex located?
The property is located at 132 West Cedar Avenue Gladwin, MI.
What are key features of this property?
This property features: Former Zettel Drug Store building on M‑18 and M‑61 in downtown Gladwin, Michigan; Remodeled in 2013 with a first‑floor salon; Two residential rental units upstairs
