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

City of Grand Rapids, MI, 49503
$ 5,250,000
Bedrooms-- Baths10.0 Sq 48,211

Monthly Estimate*

$ 32,753

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Commercial Property for sale in City of Grand Rapids, MI for $5,250,000 with 10 full baths. This 48,211 square foot 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

BusinessandRealEstate

Lot Size

0.65

Year Built

1921

Town/City

City of Grand Rapids

County/Region

KENT

MLS | Web ID

65025060793

Features
General
Sewer PublicSewer StormDrain
Heating HeatPump NaturalGas Steam
Cooling CentralAir
Utilities CableConnected ElectricityConnected NaturalGasConnected
Possession Negotiable SellerRentBack
Roof Rubber
Security Features FireSprinklerSystem
Construction Materials Block Brick
Year Built 1921
Property Subtype BusinessandRealEstate
Tax Year 2025
Ownership Other
Business Type ProfessionalOffice
County Kent
New Construction N
Property Type CommercialSale
HOA N
Attached Garage N
Garage Y/N N
Building Features Elevators FireSprinkler
Status Active
Directions One block south of Fulton on Sheldon
City GrandRapidsCity_Kent
Senior Community Y/N N
High School District GrandRapids
Zoning Description Other
Number Of Units Total 1
MLS Area Area41142GrandRapids
Lot Size Units SquareFeet
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 0.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Building Area Units SquareFeet
Standard Status Active
Occupancy Type Vacant
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
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Interior
Basement CommonStorageLocker Partial WalkOutAccess
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Total Baths 10
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Exterior
Parking Features Asphalt
Water Source Private
Total Parking 20.0
Lot Size Area 28270.0
Foundation Details Basement Block ConcretePerimeter PartialBasement
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
Road Responsibility PublicMaintainedRoad
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 25
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* Excluded Features
List By
Roger Ackerman

Listing Agent

Keller Williams Gr North (Main)

Broker

(810) 423-9296

Phone

Affordability Calculator

$32,753
Per Month
100%
0%
0%
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.
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Nearby
4909624 Elementary School
4909684 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, City of Grand Rapids, MI, 49503 is a Commercial Property for sale at $5,250,000 with 48,211 sqft and 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 City of Grand Rapids, MI