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    Grand Rapids, MI Fitness Centers & Gyms for Sale

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    Belmont, MI Comstock Park, MI Ada, MI
    Historic Grand Rapids Landmark Building
    $5,250,000
    48,211 SF

    Historic Grand Rapids Landmark Building

    25 Sheldon Avenue SE, Grand Rapids, MI 49503

    Versatile 48,211 SF building in downtown Grand Rapids.

    • Prime downtown Grand Rapids location with high walkability, near major attractions.
    • Substantial 48,211 SF building with historic architecture and modern upgrades (renovated 2016).
    • Versatile layout suitable for hospitality, entertainment, mixed‑use redevelopment, or large‑scale institutional use.
    • Unique features including a historic ballroom and a full basketball court.
    • Includes off‑street parking and a prominent entrance on Sheldon Avenue, offering high visibility and accessibility.
    Updated: Dec 4, 2025
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    Historic Grand Rapids Mixed-Use Building
    $5,250,000
    48,211 SF

    Historic Grand Rapids Mixed-Use Building

    25 Sheldon Ave SE, Grand Rapids, MI 49503

    Landmark property in downtown Grand Rapids with historic architecture.

    • Prime downtown Grand Rapids location with high walkability (Walk Score: 81)
    • Large 48,211 SF building with historic architecture and modern upgrades (renovated in 2016)
    • Versatile layout suitable for hospitality, entertainment, mixed‑use redevelopment, or large‑scale institutional use
    • Unique features including a historic ballroom and a full basketball court
    • Off‑street parking included and prominent visibility on Sheldon Avenue
    Updated: Apr 24
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    Retail Property in Grand Rapids
    $14,850,000
    74,250 SF

    Retail Property in Grand Rapids

    Retail property with Total Wine and Crunch Fitness tenants.

    4923 28th St SE, Grand Rapids, MI 49546
    View details
    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 3 Active listings in Grand Rapids, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Downtown Alma Office Building
    $195,000
    13,266 SF

    Downtown Alma Office Building

    13,000+ sq ft building with tenants and vacant suites.

    217 N State, Alma, MI 48801
    View details
    State Street Plaza Investment Opportunity
    $195,000
    13,000 SF

    State Street Plaza Investment Opportunity

    Downtown Alma commercial building with tenants and vacant suites.

    217 N State, Alma, MI 48801
    View details
    Office Building with Serene Views
    $3,000,000
    29,768 SF

    Office Building with Serene Views

    Office building with workout facility, cafeteria, and backup generator.

    1044 Eastbury Dr, Lansing, MI 48917
    View details
    South Lansing Retail/Event Space
    $2,000,000
    17,700 SF

    South Lansing Retail/Event Space

    17,700 SF building in South Lansing's retail corridor.

    134 E Edgewood Blvd, Lansing, MI 48911
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land for Sale
    $79,900
    65,340 SF

    Commercial Land for Sale

    Commercial land suitable for various business and retail purposes.

    301 Helen Avenue, Otsego, MI 49078
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    Northville Commercial Land For Sale
    $498,500
    0.85 Acres

    Northville Commercial Land For Sale

    Commercially zoned 0.85-acre lot in Northville Township.

    41628 6 Mile Road, Northville, MI 48168
    View details
    Commercial Land on Willis Road
    $119,900
    5.23 Acres

    Commercial Land on Willis Road

    5.23 acres of commercial land ready for development.

    10467 Willis Road, Augusta Twp, MI 48191
    View details
    Residential Land in Premier Community
    $154,900
    0.59 Acres

    Residential Land in Premier Community

    Residential land with modern amenities in Fort Wayne, Indiana.

    9006 Kepler Boulevard, Fort Wayne, IN 46825
    View details

    Grand Rapids, MI Fitness Centers & Gyms Investment Opportunities Market Analysis

    Explore 3 fitness centers & gyms for sale in Grand Rapids, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 170,672 square feet of properties for sale, with an estimated market value of $25,350,000.

    Sale prices for gym buildings in Grand Rapids, MI start at $5,250,000, averaging $8,450,000, and reaching up to $14,850,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Operating Costs & Financing

    Tax Rate (average for all types) 3.15%
    Property Tax per SF $44.85 per sq ft
    Average Loan-to-Value 65.0%

    Property Size Breakdown

    The majority of commercial real estate listings in Grand Rapids fall within the 10,000 to 25,000 square foot range.

    Leading Commercial Asset Segments

    Fitness centers & gyms 5
    Night clubs 1

    Grand Rapids Demographics Overview

    Population 434K
    Population Growth (5Y) +2.4%
    Median Household Income $74,271
    College Educated 24.5%

    High-Yield Neighborhoods for Strategic Investment

    Identify Grand Rapids submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    49503 $5.3M
    49546 $14.9M

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