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$165,000
3 Beds 1 Baths 50199468 MLS
Unique Live/Work Commercial Opportunity: This is a rare opportunity for an entrepreneur seeking the convenience of operating a business while living on-site. Zoned commercial, this versatile property offers outstanding potential for a wide range of business ventures. The main level features a fully operational kitchen ready for continued food service use, with all kitchen equipment, coolers, and related fixtures included in the sale — allowing you to step in and start operating while avoiding costly startup expenses. A spacious back room provides additional flexibility and could easily be converted into a dining area or expanded customer seating. Upstairs, you’ll find three comfortable bedrooms, a full bathroom, laundry room, and a large living area to relax and unwind — ideal for owner-occupied living quarters, staff housing, or even an additional rental opportunity. In addition, the property includes two large extra lots with ample parking and room for future expansion, outdoor seating, additional structures, drive-thru service, or further development. Whether you're launching a new venture or expanding an existing one, this flexible commercial property offers the rare combination of workspace, living space, and room to grow — all in one location. Call listing agent today for personal showing!

1200 Martha Street, Saginaw

$209,995
3 Beds 4 Baths 50194333 MLS
Charming Downtown Gladstone Multi-Family Investment with Bonus Commercial Space! Here’s a rare opportunity to own a beautifully maintained multi-family property right in the heart of downtown Gladstone—one of the Upper Peninsula’s most charming and steadily growing small-town communities. Ideally located just steps from shops, restaurants, and the Gladstone Farmers Market, this versatile two-story building combines strong rental potential with bonus commercial and office space below, making it a smart option for investors or owner-occupants alike. The upper level features three apartments, each filled with bright natural light and plenty of character. Two units are move-in ready and have been thoughtfully maintained, offering reliable income from day one. The third apartment presents an excellent renovation opportunity, giving the next owner a chance to boost returns and add long-term value. Together, these units provide flexible rental options in a highly desirable walkable location with consistent tenant demand. On the main level, the property includes a long-established barbershop that has been a trusted downtown business for years. This space provides steady income and excellent street visibility but could also be converted into another residential unit, retail storefront, or office depending on your goals and zoning. Additional office and storage areas on the main floor add even more functionality for business use, management operations, or tenant needs. A full basement offers easy utility access and plenty of storage space, while the two-car garage adds extra convenience for tenants or owners. The property has been well cared for throughout, reflecting clear pride of ownership and strong long-term potential. With its excellent downtown location, stable rental history, and the continued revitalization of the surrounding business district, this property offers immediate cash flow and room to grow—ideal for anyone looking to establish a strong investment presence in Gladstone. Property Highlights: • Three upstairs apartments (two move-in ready, one ideal for renovation) • Main-level barbershop with strong visibility and long-term tenant history • Additional office and storage areas on the main floor • Two-car garage • Full basement for utilities and extra storage • Premier downtown location near shops, restaurants, and the Farmers Market • Excellent live-and-rent or investment opportunity 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

905 Delta Avenue, Gladstone