920 Delta Ave Gladstone, MI 49837

Property Details for 920 Delta Ave

Lot size

0.09 lot acres

Property type

Commercial real estate

APN

052-047-015-00

APU

5204701500

Description

This exceptional 3,800 square foot industrial building in Gladstone, MI, presents a rare opportunity for both business owners and investors. Situated on a 0.09-acre lot at 920 Delta, this historic property boasts a rich history, having served as a successful business for over four decades, cultivating a loyal customer base. The sale includes the building itself, offering immediate potential for a new venture. The existing business is also available for purchase, encompassing only the inventory, with the seller providing training to ensure a smooth transition. Adding to its appeal, the building features two upper-level apartments, each generating $600 per month in rental income with all utilities included. This provides a consistent revenue stream, enhancing the overall return on investment. The building has been meticulously maintained throughout its history, retaining its original charm while offering modern functionality. This unique property combines the advantages of a well-established commercial space with the added benefit of residential rental income, making it an attractive proposition for a diverse range of buyers. The property is priced at $249,900. Don't miss this chance to acquire a piece of Gladstone's history and secure a profitable future.

Location Insight

City

Gladstone

County

Delta

State

Michigan

Longitude

-87.0219

Latitude

45.8476

CBSA code

21540

CBSA name

ESCANABA, MI MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments