25 Sheldon Avenue SE
Grand Rapids, MI, 49503 $ 5,250,000
Bedrooms-- Baths10.0 Monthly Estimate*
$ 32,753
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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FeaturesGeneralHeating 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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ExteriorWater 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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InteriorTotal Stories 5
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 10
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* Excluded FeaturesList ByKeller Williams Gr North (Main)Broker
roger.ackerman@kw.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $32,753
- Monthly Property Taxes
- --
- 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.
Learn more about how to save NearbyCommerical listings in Grand Rapids, MI
Average List Price $791,294
Percent of Sale Price 85%
About Grand Rapids, MI 199,553 Population
1% Since 2002
$ 43,558 Median Income
34 Median Age
26% Households with Children
Trends Information provided by ATTOM Data Solutions.
250213 Elementary School
249218 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 12/4/2025 | $5,250,000 | | Listed Price |