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About the Listing 106670 - UP6226
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 investor, 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
Listing Highlights
Status
Active
Days on Site
34
Property Type
Commercial Sale
MLS ®
50194332
Year Built
1900
Total Square Footage
3,694
Lot/Acreage
0.08
County
Delta
Area
Gladstone (21015)
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Ceiling Fan(s),Central A/C
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 3694
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public Water
Exterior Details
- Lot Description: Downtown Dev Authority,Industrial,Storm Drains,Utilities Above Ground
- Garage Capacity: N/A
- Lot Dimensions: 28x140
- Zoning: 3+ Multi,Mixed Use,Professional Office,Commercial,Residential
- Roof: Metal
- Others:
- Sewer: Public Sanitary
- Parking Features: 3-5 Spaces,On Site
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
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Questions About..
905 Delta Gladstone, MI 49837
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