25 Sheldon Avenue SE, Grand Rapids, MI 49503

$5,250,000

Property Type: Commercial Sale Square Footage: 48,211 Lot Size (sq. ft.): 28,270 Status: Pending

Current Price: $5,250,000 List Date: 12/04/2025 Last Modified: 5/19/2026

Overview

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

Supplements: 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 tra ... (Read more)

Listing Details MLS# 25060793

Location Property Info

County: Kent
Street #: 25
Street Name: Sheldon
Suffix: Avenue
Post Direction: SE
State: MI
Zip Code: 49503
Zip (4): 4295

General Property Info

New Construction: No
Lot Measurement: Acres
Lot Acres: 0.65
Lot Square Footage: 28270
Lot Dimensions: 145 x 230 x 85 x 84.5 x 60 x 145.5
Year Built: 1921
Road Frontage: 145
Total # Units: Yes
# Fin Bldg Lvls: 5
Total # Bldgs: Yes
Total SqFt: 48211
Property Use Type: Vacant/Owner-User
Full Baths: 10
Waterfront: No
School District: Grand Rapids

Tax Info

Tax ID #: 41-14-30-301-007
For Tax Year: 2025
Tax Year: 2025
Zoning: TN-CC

Remarks Misc

Directions: One block south of Fulton on Sheldon

Status Change Info

Under Contract Date: 2026-05-18

More Information

Additional Details

Total Parking Spaces: 20
Passenger Elevators: Yes

Property Features

Property Use: Vacant/Owner-User Uses: Institutional; Professional/Office; Recreation Ownership: Other Business Includes: Real Estate Construction Type: Block Exterior Material: Brick Roofing: Rubber Foundation: Block; Concrete Perimeter Below Grade: Basement; Partial; Walk-Out Access Additional Features: Fire Sprinkler; Multi User Facility Sewer: Public Sewer Water: Private Water Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected Util Avail at St: Storm Sewer Heat Source: Natural Gas Heat Type: Heat Pump; Steam Air Conditioning: Central Air Driveway: Asphalt Street Type: Paved; Public Purchase Terms Avail: Cash; Conventional Sale Conditions: None Possession: Negotiable; Seller Rent Back

Listing Office: Keller Williams GR North

Listing Agent: Roger Ackerman

Last Updated: May - 19 - 2026

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