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Historic Office Condo For Sale
For Sale
$949,500

101 Sheldon Ave SE, Grand Rapids, MI 49503

First floor office condo in historic 1922 building.

Property SizeContact for details
Lot Size0.57 Acres
Days on Market146

Property Features for 101 Sheldon Ave SE

General Information

Standard status Active
Lot size 0.57 Acres
Property subtype Commercial

Building Details

Year Built 1922
Units 2
Listing Agency: Nextpointe Real Estate Service
Listed By: Jaye Sanders · License #6502347800
Source: Elliman
Added: Mar 24 Changed: Aug 12 Last Checked: Aug 16 at 6:23AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Nextpointe Real Estate Service

Investment Insights

Based on property information with market context.

This is a condo conversion of a historic 1922 brick building located in a diverse business district. The property includes the entire first floor and one half of the adjacent parking lot. The second floor is owned by another entity and is not for sale. The space, previously used as a dental practice, is suitable for use as a corporate headquarters or general office space. Features include floor-to-ceiling windows, 12-foot ceilings, engineered wood flooring, neutral paint, and barrier-free accessible hallways and restrooms. Cubicles and other furniture are included. The building has a custom mural on the side elevation facing the parking lot. The property is close to shopping, restaurants, downtown, and Interstate 131. Updated HVAC, electrical, and paint are in place.

Key Highlights

  • Entire first floor purchase opportunity.
  • Includes half of the adjacent parking lot.
  • Barrier‑free accessible hallways and restrooms.

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.

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
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Frequently Asked Questions

What type of property is this?
Office units - First floor office condo in historic 1922 building.
Where is this office units located?
The property is located at 101 Sheldon Ave 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: Entire first floor purchase opportunity.; Includes half of the adjacent parking lot.; Barrier‑free accessible hallways and restrooms.
More about this property
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