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Downtown Gladstone Multi-Family Investment

905 Delta Avenue, Gladstone, MI 48983-7

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For Sale

Under Contract

$209,995

MULTI_FAMILY - Gladstone, MI

Property size:

3,694 SF

Lot size:

0.08 Acres

Price / SF:

$56/SF

HighLights

Two‑story multi‑family with 3 upstairs apartments: two at $550/mo each, and one at $400/mo (renovation opportunity).
Main‑level barbershop/commercial space generating $750/mo with no lease and no security deposit.
Apartment leasing details: Apartment 1 ($550/mo) no lease/no security deposit; Apartment 2 ($550/mo) active lease with $450 security deposit; Apartment 3 ($400/mo) no lease/no security deposit.
Forced air heating and central air cooling, with public water service.
Full basement provides utility access and additional storage space.
Two‑car garage plus exterior features including sidewalks and street lights.

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Contact an agent

CHRISTOPHER GESTWICKI

For Sale

Under Contract

$209,995

MULTI_FAMILY - Gladstone, MI

Property size:

3,694 SF

Lot size:

0.08 Acres

Price / SF:

$56/SF

Added:: Nov 14, 2025
Days on Market:: 234
Last Refresh:: Jul 6 at 8:06 am

Property Features for 905 Delta Avenue

General Information

Property type: Residential Multi Family
Property subtype: Other
Bedrooms: 3
Bathrooms: 4
Rooms: Bathroom 4, Bathroom 2, Bathroom 1, Bedroom 1, Basement, Bedroom 2, Bedroom 3, Bathroom 3
Parking features: On Street, Garage
Exterior features: Sidewalks, Street Lights
Standard status: Active Under Contract
Size: 3,694 SF
Lot size: 0.08 Acres

Taxes and HOA fees

Tax Year: 2024
Tax Annual Amount: 3584

Utilities

Heating system: Forced Air
Cooling system: Central Air
Water source: Public

Building Details

Year built: 1900
Floors in Building: 2
Number of units: 3
Architectural style: Other

We can help!

Contact an agent

CHRISTOPHER GESTWICKI

Listing agent CHRISTOPHER GESTWICKI License #6501467376

Listing office STATE WIDE REAL ESTATE OF ESCANABA 2015 1st Ave N, Escanaba, MI

Listing date Nov 14, 2025

MLS# 50194333 Listing URL

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.

HighLights

Two‑story multi‑family with 3 upstairs apartments: two at $550/mo each, and one at $400/mo (renovation opportunity).
Main‑level barbershop/commercial space generating $750/mo with no lease and no security deposit.
Apartment leasing details: Apartment 1 ($550/mo) no lease/no security deposit; Apartment 2 ($550/mo) active lease with $450 security deposit; Apartment 3 ($400/mo) no lease/no security deposit.
Forced air heating and central air cooling, with public water service.
Full basement provides utility access and additional storage space.
Two‑car garage plus exterior features including sidewalks and street lights.

Overview

Located in the heart of downtown Gladstone, Michigan, this two-story mixed-use property presents a versatile investment opportunity. The building features three apartments on the upper level, offering a mix of move-in ready units and renovation potential. Two of the apartments are move-in ready and thoughtfully maintained. The third apartment offers an opportunity to boost returns and add long-term value. On the main level, a long-established barbershop provides steady income and street visibility. Additional office and storage areas on the main floor add functionality for business use, management operations, or tenant needs. The property includes a full basement for utilities and extra storage, along with a two-car garage. The property has been well cared for throughout. The lot size is 0.08 acres and the property size is 3694 square feet. The property is located near shops, restaurants, and the Farmers Market. The current rental structure includes Apartment 1 renting for $550/month with no lease or security deposit, Apartment 2 renting for $550/month with a $450 security deposit and active lease, Apartment 3 renting for $400/month with no lease or security deposit, and the commercial space renting for $750/month with no lease or security deposit.

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Location Insight

Map
Local Demand

City: Gladstone
County: Delta
State: Michigan
Longitude: -87.020779
Latitude: 45.847403

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For sale
Mixed-use properties
MI
Gladstone
48983
905 Delta Avenue

What type of property is this?

Mixed-use property - Multi-family property with commercial space in downtown Gladstone, MI.

Where is this mixed-use property located?

The property is located at 905 Delta Avenue Gladstone, MI.

What is the asking price?

The asking price for this property is $209,995.

What are key features of this property?

This property features: Two‑story multi‑family with 3 upstairs apartments: two at $550/mo each, and one at $400/mo (renovation opportunity).; Main‑level barbershop/commercial space generating $750/mo with no lease and no security deposit.; Apartment leasing details: Apartment 1 ($550/mo) no lease/no security deposit; Apartment 2 ($550/mo) active lease with $450 security deposit; Apartment 3 ($400/mo) no lease/no security deposit.

905 Delta Avenue, Gladstone, MI 48983-7

MULTI_FAMILY - Gladstone, MI

Property Features for 905 Delta Avenue

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Former Grocery Store with Potential

Retail Building with Upstairs Apartment

Mixed-Use Investment in Downtown Gladstone

COMMERCIAL - Gladstone, MI

Industrial Space with Crane System

Turnkey Tavern and Restaurant

Established Party Store Business Opportunity

Established Party Store with Growth Potential

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