25 Sheldon Avenue SE Grand Rapids, MI $ 5,250,000
25 Sheldon Avenue SE
$ 5,250,000
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25 Sheldon Avenue SE

Grand Rapids, MI, 49503
$ 5,250,000
Bedrooms-- Baths10.0

Monthly Estimate*

$ 32,753

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Commercial Property for sale in Grand Rapids, MI

for $5,250,000 with 10 full baths. This building was built in 1921 on a lot size of 0.65.

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.

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Commercial Active

Price

$ 5,250,000

Full Bath

10

Property Type

Commercial

Taxes

$ 0

Style

Office

Lot Size

0.65

Year Built

1921

Town/City

Grand Rapids

County/Region

Kent

MLS | Web ID

25060793

Features
General
Heating Heat Pump Steam
Cooling Central Air
Utilities Natural Gas Connected Electricity Connected Cable Connected Storm Sewer
Possession Negotiable Seller Rent Back
Roof Rubber
Construction Materials Brick
Year Built 1921
Township City of Grand Rapids
Property Subtype Office
Tax Year 2025
Business Type Professional/Office Recreation Institutional
County Kent
New Construction N
Property Type Commercial Sale
Building Features Fire Sprinkler Multi User Facility
Full Baths 10
Status Active
Directions One block south of Fulton on Sheldon
City Grand Rapids
High School District Grand Rapids
Zoning Description TN-CC
Number Of Units Total 1
MLS Area Grand Rapids - G
Lot Size Units Acres
Lot Size Square Feet 28270.0
Listing Terms Conventional Cash
Land Lease Y/N N
Tax Annual Amount 0.0
Lease Renewal Y/N N
MLS Area Minor Grand Rapids - G
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Tax Assessed Value 0
Legal Description 411430301007 LOTS 2 3 & 6 BLK 16 ALSO E 6 INCHES OF N 60 FT OF LOT 7 BLK 16 ALSO S 85 FT OF LOT 7 BLK 16 ALSO S 85 FT
Senior Community None
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Exterior
Water Source Private Water
Total Parking 20.0
Inclusions Other Real Estate
Lot Size Area 0.65
Foundation Details Concrete Perimeter Block
Number of Buildings 1
Spa N
Building Area Total 48211.0
Lot Dimensions 145 x 230 x 85 x 84.5 x 60 x 145.5
Lot Size Acres 0.65
Road Surface Type Paved
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 5
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 10
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Internal Only
Street Number 1 25
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* Excluded Features
List By
Keller Williams Gr North (Main)

Broker

roger.ackerman@kw.com

Email

Affordability Calculator

$32,753
Per Month
100%
0%
0%
Monthly Principal & Interest
$32,753
Monthly Property Taxes
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Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
250213 Elementary School
249218 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/4/2025$5,250,000 Listed Price

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25 Sheldon Avenue SE, Grand Rapids, MI, 49503 is a Commercial Property for sale at $5,250,000 with a lot size of 0.65. 25 Sheldon Avenue SE has 10.0 baths and was built in 1921. The property's zip code is 49503 which is in Grand Rapids, MI