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Historic Building Condo Conversion
For Sale
$949,500

101 Sheldon Avenue SE, Grand Rapids, MI 49503

COMMERCIAL - Grand Rapids, MI

Property Size9,721 SF
Lot Size0.57 Acres
Price / SF$97.68
Days on Market150

Property Features for 101 Sheldon Avenue SE

General Information

Property type Commercial Sale
Property subtype Office
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4
Interior features Broadband
Elementary school district Grand Rapids
Middle school district Grand Rapids
High school district Grand Rapids
Directions North of Oakes, West of Division, East of La Grave and South of Cherry Street SW.
Standard status Active
APN 41-14-30-313-001
Size 9,721 SF
Lot size 0.57 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 411430313001 UNIT 1 101 SHELDON CONDOMINIUM KENT COUNTY CONDOMINIUM SUBDIVISION PLAN NO.931 INSTRUMENT NO.20090922-00870
Legal Description 411430313001 UNIT 1 101 SHELDON CONDOMINIUM KENT COUNTY CONDOMINIUM SUBDIVISION PLAN NO.931 INSTRUMENT NO.20090922-00870

Utilities

Utilities Phone Available
Heating system Forced Air
Cooling system Central Air

Building Details

Year built 1922
Number of units 2
Listing Agency: Nextpointe Real Estate Service
Listed By: Jaye Sanders · License #6502347800
Added: Mar 20 Changed: Aug 4 Last Checked: Aug 16 at 10:06PM
MLS# 26010978

Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

The property is a condo conversion within a historic 1922 brick building, situated in a diverse business district. The sale includes the entire first floor and half of the adjacent parking lot. The second floor is owned separately. The interior features floor-to-ceiling windows, 12-foot ceilings, engineered wood flooring, and neutral paint. The hallways and restrooms are barrier-free accessible. Cubicles and other furniture are included. The building's side elevation, facing the parking lot, features a custom mural. The location provides convenient access to shopping, restaurants, downtown Grand Rapids, and Interstate 131. Updated HVAC, electrical systems, and paint are in place. Previously used as a dental practice, the 9,721 square foot space could be reimagined as a corporate headquarters or general office space. The property is located in Grand Rapids, Michigan, on a 0.57-acre lot.

Key Highlights

  • Historic 1922 brick building condo conversion with forced‑air heating and central air
  • Buy the entire first floor plus one half of the adjacent parking lot; second floor is owned by Dwelling Place
  • Office‑ready interior with floor‑to‑ceiling windows and 12‑foot ceilings

Property Analytics

Current Use

Brian David Shipton Dental Office Dr. Rebecca Liu Dental Office Mary Chelsky Physician School Linked Health/Vision ... Community Health Centre

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Carpet & Flooring Store Barber Shop Locksmith Veterinary Clinic Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,646
Businesses Nearby

Demographics for 49503, MI

39,344
Population
19,017
Households
2.1
Avg Household Size
30
Median Age
44%
College-Educated
88%
High-School Grad
7.3 sq mi
ZIP Area
5,390
Density / Sq Mi
$61,734
Median Household Income
$36,694
Median Earnings
$1,207
Median Rent
$224,100
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - First floor condo in a historic Grand Rapids building.
Where is this office units located?
The property is located at 101 Sheldon Avenue SE Grand Rapids, MI.
What is the asking price?
The asking price for this property is $949,500.
What are key features of this property?
This property features: Historic 1922 brick building condo conversion with forced‑air heating and central air; Buy the entire first floor plus one half of the adjacent parking lot; second floor is owned by Dwelling Place; Office‑ready interior with floor‑to‑ceiling windows and 12‑foot ceilings
More about this property
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