Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    22 Jefferson Ave SE Grand Rapids, MI 49503

    For Sale
    $1,749,900

    MULTI_FAMILY - Grand Rapids, MI

    Lot size:
    0.15 Acres
    Days on Market:
    16
    Last Refresh:
    Dec 5 at 12:06 am

    Property Features for 22 Jefferson Ave SE

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 2, Bathroom 8, Bedroom 9, Bathroom 1, Bedroom 6, Bedroom 3, Bedroom 7, Bathroom 2, Bathroom 4, Bedroom 4, Bedroom 5, Bedroom 8, Bathroom 5, Bathroom 6, Bathroom 7, Basement, Bathroom 3, Bedroom 1
    Bedrooms
    9
    APN
    41-14-30-326-004
    Parking
    4
    Parking features
    Driveway
    Basement
    Full
    Lot size
    0.15 Acres

    Utilities

    Utilities
    Natural Gas Available
    Sewer type
    Public Sewer
    Heating system
    Forced Air, Baseboard
    Cooling system
    Central Air

    Building Details

    Year built
    1900
    Number of units
    4
    Building materials
    Block, Wood Siding
    Roof type
    Composition

    EXP Realty (Cascade) (616) 942-2449

    Listing agent Jodi L Smith (616) 437-2717

    Listing date Nov 20, 2025

    MLS# 25017431 Listing URL

    Copyright © 2025 Montcalm County Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Boutique Hotel Opportunity

    Located in downtown Grand Rapids, this property features two large, historic buildings within Heritage Hill. Zoned for a wide range of uses, including commercial business, residential ownership, and various rental options, the property currently operates as a boutique hotel with four suites. Each of the restored buildings contains two suites. Amenities include a heated driveway and sidewalks, private laundry facilities, updated mechanical systems, an attached garage, and luxury furnishings. The majority of furniture and accessories are included in the sale. The property is within walking distance of downtown events, venues, restaurants, shopping, the Civic Theater, and the library. Situated on a 0.15-acre lot, this property offers a turn-key opportunity in West Michigan, catering to the growing desire to live, play, and visit downtown Grand Rapids. Financials are available upon request.
    Property Profile Location Intelligence

    Current Use by Public Records

    The Inn on Jefferson Hotel

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Law Firm Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Grand Rapids
    County
    Kent
    State
    Michigan
    Longitude
    -85.663823
    Latitude
    42.962461

    Nearby Similar for Sale

    • $897,500
      0.36 Acres

      Historic Grand Rapids Multifamily Property

      Spacious, historic multifamily home in Grand Rapids' Heritage Hill district.
      400 Fulton St E, Grand Rapids, MI 49503
      View Details
    • New
      $425,000
      0.14 Acres

      Grand Rapids Two-Unit Property

      Well-maintained two-unit property near Wealthy Street Corridor.
      321 Henry Ave SE, Grand Rapids, MI 49503
      View Details
    • $799,999
      0.17 Acres

      Mixed-Use Block in Grand Rapids

      Seven buildings with apartments, commercial units, and a single-family home.
      1200-1210 White St NW, Grand Rapids, MI 49504
      View Details
    • New
      $549,900
      Pending

      Grand Rapids Home with Apartment

      Updated home with detached apartment on a large lot.
      950 Covell Ave NW, Grand Rapids, MI 49504
      View Details
    • New
      $930,000
      0.17 Acres

      Renovated Two-Unit Home Near Downtown

      Spectacularly renovated two-unit home near Heritage Hill and downtown.
      643 Madison Ave SE, Grand Rapids, MI 49503
      View Details
    • $330,000
      0.11 Acres

      Grand Rapids Multifamily Home

      Spacious 4-bedroom home near Wealthy Street District.
      1019 Calvin Ave SE, Grand Rapids, MI 49506
      View Details

    FAQs

    What type of property is this?
    Hotel - Turn-key boutique hotel in downtown Grand Rapids with luxury suites.
    Where is this hotel located?
    The property is located at 22 Jefferson Ave SE Grand Rapids, MI.
    What is the asking price?
    The asking price for this property is $1,749,900.
    What are key features of this property?
    This property features: - Turn-key boutique hotel operation featuring 4 luxury suites in two restored historic buildings.; - Prime downtown Grand Rapids location within Heritage Hill, walking distance to events, venues, restaurants, shopping, Civic Theater, and library.; - Zoned for a wide range of uses: commercial, residential, or rental.
    (616) 437-2717
    Request Owner's contact information
    22 Jefferson Ave SE Grand Rapids, MI 49503
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    22 Jefferson Ave SE
    Grand Rapids, MI 49503
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    22 Jefferson Ave SE Grand Rapids, MI 49503
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.