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

    25 Sheldon Ave 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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    This listing looks promising.

    Here's a quick look at some key insights for

    25 Sheldon Ave SE, Grand Rapids, MI 49503

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    • Est. Cap Rate

      5.1%
      NOI ÷ price

    • Est. NOI

      $266K
      Annual

    • Price @ 7% Cap

      $3.8M
      Suggested
    View Property Analytics
    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.
    View details
    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.

    Two-Story Short-Stay Hospitality Residence
    Two-Story Short-Stay Hospitality Residence

    302 Tuscola Road, Bay City, MI 48708

    $790,000
    9,376 sqft 1.40 AC lot

    Newly refinished 18-room lodging property with recent upgrades for short-stay guests serving medical professionals.

    View details
    Two-Story Hospitality Residence
    Two-Story Hospitality Residence

    302 Tuscola Road, Bay City, MI 48708

    $790,000
    9,376 sqft 1.40 AC lot

    Newly refinished 18-room short-stay residence with modernized guest amenities and a complete commercial kitchen.

    View details
    Historic Concrete Hotel Building
    Historic Concrete Hotel Building

    93 W Wall Street, Benton Harbor, MI 49022

    $825,000
    45,750 sqft 0.29 AC lot

    Heavily built concrete hotel structure ready for restoration, offering flexible layouts for redevelopment-minded owners.

    View details
    Historic Hotel Conversion Opportunity
    Historic Hotel Conversion Opportunity

    93 W Wall Street, Benton Harbor, MI 49022

    $825,000
    45,750 sqft

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

    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.

    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.

    View details
    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.

    View details
    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.

    View details
    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.

    View details

    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
    View details

    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 48,211 square feet of properties for sale, with an estimated market value of $5,250,000.

    Sale prices for resorts in Grand Rapids, MI start at $5,250,000, averaging $5,250,000, and reaching up to $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 5
    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

    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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    Most Searched ZIP Codes in Grand Rapids, MI

    • 49503
    • 49548

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