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Mixed-Use Building with Apartments

905 Delta Avenue, Gladstone, MI 49837

For Sale
$209,995

COM/IND/BUS OPP, Gladstone, MI

Property Size3,694 SF
Lot Size0.08 Acres
Price / SF$56.85
Days on Market364

Property Features for 905 Delta Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning 3+ Multi,Mixed Use,Profes
Zoning description 3+ Multi, Mixed Use, Professional Office, Commercial, Residential
Lot features Main Street, Residential Area, Downtown Dev Authority, Industrial, Storm Drains, Utilities Above Ground
Subdivision Gladstone (21015)
Standard status Active
Size 3,694 SF
Lot size 0.08 Acres

Additional Details

Tenant in Place Yes
Mixed-Use Components retail, residential

Utilities

Heating system Forced Air
Cooling system Central Air, Ceiling Fan(s)
Water source Public

Building Details

Year built 1900
Roof type Metal
Buildings 1
Listing Agency: STATE WIDE REAL ESTATE OF ESCANABA
Listed By: CHRISTOPHER GESTWICKI · License MI #6501438357
Added: Nov 14, 2025 Changed: Oct 25 Last Checked: Nov 12 at 8:06AM
MLS# 50194332

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.

Rey
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Investment Insights

Based on property information with market context.

At 905 Delta Avenue, this 3,694-square-foot mixed-use building pairs a ground-floor barbershop with three apartments. Two apartments are described as updated and ready for occupancy; the third requires renovation. The property was built in 1900 and includes a basement with office space, a two-car garage, and additional storage. Forced-air heat, central air, ceiling fans, public water, and a metal roof are also noted.

The building is in downtown Gladstone, Michigan, on a 0.08-acre lot. Its commercial and residential spaces bring distinct uses together in one property, with the existing barbershop occupying the street-level space.

Key Highlights

  • Ground‑floor barbershop and three apartments
  • 3,694‑square‑foot building on a 0.08‑acre lot
  • Two updated apartments; third apartment requires renovation

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Law Firm HVAC Service Plumbing Service Grocery & Convenience Store Hair Salon Real Estate Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

288
Businesses Nearby

Demographics for 49837, MI

10,086
Population
4,488
Households
2.2
Avg Household Size
48
Median Age
24%
College-Educated
95%
High-School Grad
69.0 sq mi
ZIP Area
146
Density / Sq Mi
$65,905
Median Household Income
$35,156
Median Earnings
$782
Median Rent
$145,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - A ground-floor barbershop and three apartments combine commercial space with residential units in downtown Gladstone.
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: Ground‑floor barbershop and three apartments; 3,694‑square‑foot building on a 0.08‑acre lot; Two updated apartments; third apartment requires renovation
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