Search
Historic First-Floor Office Units
For Sale
$949,500

101 Sheldon Avenue SE, Grand Rapids, MI 49503

Commercial Sale, Grand Rapids, MI

Property Size9,721 SF
Lot Size0.57 Acres
Price / SF$97.68
Days on Market197

Property Features for 101 Sheldon Avenue SE

General Information

Property type Commercial Sale
Property subtype Office
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 4, Bathroom 1, Bathroom 3, Bathroom 2
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

Amenities

floor to ceiling windows
12 foot ceilings
engineered wood flooring
barrier free accessible hallways and restrooms

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: Sep 16 Last Checked: Oct 2 at 4:06AM
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 offering comprises the entire first floor of a 1922 brick building, totaling 9,721 square feet, along with one-half of the adjacent parking lot. The office layout includes 12-foot ceilings, floor-to-ceiling windows, engineered wood flooring, neutral finishes, barrier-free hallways and restrooms, and included cubicles and furniture. Updated HVAC, electrical, and paint support the space, which also features central air, forced-air heating, broadband, and phone availability.

A custom mural faces the parking area, adding a distinctive exterior element. The property is situated near shopping, restaurants, downtown, and Interstate 131. The second floor is separately owned and is not part of the offering.

Key Highlights

  • 9,721‑square‑foot first‑floor office condominium with half of the adjacent parking lot
  • 1922 brick building with updated HVAC, electrical, and paint
  • 12‑foot ceilings and floor‑to‑ceiling windows

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open 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

Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

5,211
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office units - Accessible office space with updated building systems, abundant natural light, and parking included in the purchase.
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: 9,721‑square‑foot first‑floor office condominium with half of the adjacent parking lot; 1922 brick building with updated HVAC, electrical, and paint; 12‑foot ceilings and floor‑to‑ceiling windows
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again