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Grand Rapids, MI Hotels for Sale

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Historic Grand Rapids Mixed-Use Building
Updated: Apr 24
Historic Grand Rapids Mixed-Use Building

25 Sheldon Avenue SE, Grand Rapids, MI 49503

$5,250,000
48,211 sqft
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
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Holiday Inn Grand Rapids - South
Updated: Jul 18, 2025
Holiday Inn Grand Rapids - South

6569 Clay Ave SW, Grand Rapids, MI 49548

Contact for pricing
77,740 sqft 2.71 AC lot
Prime location in Grand Rapids, attracting guests from nearby areas.
Substantial size: 77,740 square feet on 2.71 acres.
79 modern rooms.**
Built in 2004.
Ample parking: 120 spaces with a ratio of 1.52 spaces per room.
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 2 Active listings in Grand Rapids, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, 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.

Historic Hotel Conversion Opportunity
Historic Hotel Conversion Opportunity

93 W Wall Street, Benton Harbor, MI 49022

$790,000
45,000 sqft

Concrete, multi-floor landmark building with a newer roof and restoration-ready structure suited for mixed-use concepts.

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Limited-Service Hotel with Indoor Pool
Limited-Service Hotel with Indoor Pool

3250 Northview Dr, Elkhart, IN 46514

Contact for pricing
35,362 sqft

Country Inn & Suites offers 50 rooms across four floors and includes meeting space, indoor pool, and fitness amenities.

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Historic Concrete Hotel Building
Historic Concrete Hotel Building

93 W Wall St, Benton Harbor, MI 49022

$795,000

House of David Hotel is a heavily built concrete structure ready for restoration with a roof replacement over 14 years ago.

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Three-Story Comfort Suites Hotel
Three-Story Comfort Suites Hotel

27838 Co Rd 24, Elkhart, IN 46517

Contact for pricing

53-room Comfort Suites offers an indoor heated pool, whirlpool, and 1,000 square feet of meeting space.

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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.

Prime Land in Byron Center
Prime Land in Byron Center

82-136 100th Street, Byron Center, MI 49315

$1,995,000
3.20 AC lot

Versatile land with high traffic, ideal for various commercial uses.

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Prime Land in Byron Center
Prime Land in Byron Center

92 & 82 100th Street, Byron Center, MI 49315

$895,000
1.76 AC lot

Versatile land with high visibility and development potential in Byron Center.

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Prime Land in Byron Center
Prime Land in Byron Center

136 100th Street SW, Byron Center, MI 49315

$895,000
0.83 AC lot

Versatile commercial land with high visibility and development potential.

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Prime Land in Byron Center
Prime Land in Byron Center

136 & 112 100th Street, Byron Center, MI 49315

$995,000
1.49 AC lot

Versatile land suitable for retail, restaurant, hotel, and more.

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Off-Market Properties in Grand Rapids, MI

Consider similar Off-Market properties in Grand Rapids, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

3082 Peregrine NE Dr
HOTEL

3082 Peregrine NE Dr, Grand Rapids, MI 49525

Value Estimation by Request
70,130 sqft 2.99 AC lot
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Grand Rapids, MI Hotels Market Trends and Statistics

Explore 3 hotels for sale in Grand Rapids, MI on our real estate platform. These investment opportunities span a total of 125,951 square feet of properties for sale, with an estimated market value of $5,250,000.

Sale prices for resorts in Grand Rapids, MI average $5,250,000 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Hotels 6
Motels 1

Demographics Overview

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

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
49503 $5.3M

Taxes & Financing

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

Listings Trend

New vs delisted commercial listings in Kent County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Kent County

Retail

Office

Residential Income

Property Size Breakdown

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

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