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$ 5,250,000
Est. payment | /mo
48,211 SqFt
$ 5,250,000
Est. payment | /mo
48,211 SqFt
Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 48,211 sqft
Price per Sqft $108
Subdivision Mi
MLS Listing ID 70507446
Year Built 1921
Tax Year 2025
Lot Size 0.650 Acres
Acres 0.65
Lot Dimensions 145 x 230 x 85 x 84.5 x 6
Property Sub-Type Commercial/Industrial
Property 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
Location
State MI
County Kent
Area Grand Rapids (41032)
Interior
Heating Heat Pump(s), Steam
Exterior
Parking Features 11-20 Spaces
Roof Type Rubber
Building
Foundation Basement
Structure Type Block,Brick
Others
Ownership Other/See Remarks
Energy Description Natural Gas
Financing Cash,Conventional
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Keller Williams GR North (Main)