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About This Home

This 0-bedroom, 10-bathroom commercial at 25 Sheldon Avenue SE in Grand Rapids, MI is listed for $5,250,000 ($109 per sqft). Built in 1921, the home offers 48,211 sqft of living space on a 0.65 acres lot.

Agent Description

Positioned in the heart of downtown Grand Rapids, 25 Sheldon SE presents an exceptional opportunity for developers, hotel operators, and hospitality groups seeking a landmark property with size, character, and prime walkability. Originally constructed in 1921 and renovated in 2016, this 48,211 SF building spans four stories plus a walkout lower level, offering a rare combination of historic architecture and modern upgrades.

The building's versatile layout features a stunning historic ballroom, numerous offices, conference rooms, and a full basketball court-providing extraordinary adaptability for hospitality, entertainment, mixed-use redevelopment, or large-scale institutional use.

Beyond hospitality, the property lends itself to nonprofit services, educational programming, wellness organizations, creative studios, and recreation-based users. With off-street parking included and a prominent, beautifully detailed entrance on Sheldon Avenue, the property offers unmatched visibility and accessibility.

Located just off the Division and Fulton corridors and within minutes of Corewell Health, Trinity Health, Van Andel Arena, the Amway Grand Plaza, and the Acrisure Amphitheatre, this site places future users at the center of Grand Rapids' cultural, medical, and entertainment district. A one-of-a-kind opportunity to transform a historic downtown building into its next iconic chapter.

Key Features

  • Built in 1921
  • 0.65 acre lot
  • 5 stories
  • 20 parking spaces

Property Details

5 stories
10 full
20 spaces
1921

Amenities

A/C

Monthly Cost Estimate

$28,078/mo

20% down · 6.5% · 30 years

Principal$3,797
Interest$22,750
Insurance$1,531

Estimates only. Actual payments may vary.

Location

25 Sheldon Avenue SE

Grand Rapids, MI 49503

Property Details

Construction

Brick

Heating

SteamHeat Pump (Heating)

Cooling

Central Air

Questions & Answers

This 0-bedroom, 10-bathroom commercial at 25 Sheldon Avenue SE is listed at $5,250,000 ($109/sqft). The estimated monthly payment is $22,750 based on 20% down at 6.5% interest.

Key features include: Built in 1921, 0.65 acre lot, 5 stories, 20 parking spaces.

This property is listed by Roger Ackerman and can be reached at 8104239296 or roger.ackerman@kw.com.

RA

Roger Ackerman

Agent at Keller Williams GR North

(810) 423-9296

Listed by Keller Williams GR North

MLS# 25060793· Source: listhub· Updated 127 days ago

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25 Sheldon Avenue SE, Grand Rapids, MI 49503

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