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41 Sheldon Ave Grand Rapids, MI 49503

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For Sale
$3,100,000

Historic Office Building, 28,946 SF

Property size:
28,946 SF

Property Features for 41 Sheldon Ave

General Information

Property type
Office Properties & Spaces
Square Feet
28,946 SF
Lot Size
15,682 SF

Building Details

Year Built
1911
Buildings
1
Stories
2

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Listing Contact
Gary Albrecht
Gary Albrecht

Listing Agency: Advantage Commercial Real Estate Listing Agent: Gary Albrecht

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This meticulously maintained, two-story office building in Grand Rapids, Michigan, presents a unique investment opportunity. Located at 41 Sheldon Ave SE, this 28,946 square foot property sits on a 0.36-acre lot and boasts a rich history, having been built in 1911. Recent renovations have seamlessly blended modern amenities with the building's historic charm, creating a bright and inviting atmosphere with abundant natural light. The main level offers approximately 13,500 square feet of versatile office space, while the lower level encompasses an impressive 15,500 square feet, including dedicated recording rooms, classrooms, and a remarkable 160-seat theater. A portion of the main floor has previously been utilized as an ArtPrize venue, highlighting its adaptability and prime location. The asking price is $3,100,000, translating to $107.10 per square foot. This property benefits from its excellent proximity to a variety of restaurants, hotels, and entertainment options in the heart of downtown Grand Rapids. The seller is open to considering long-term lease options for qualified tenants. This is a rare chance to acquire a substantial, well-maintained commercial property in a thriving urban setting. The property's size, unique features, and central location make it an ideal investment for a variety of uses.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Law Firm Nail Salon Food Market Grocery & Convenience Store Daycare Center

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

Location Insight

  • Map
  • Local Demand
City
Grand Rapids
County
Kent
State
Michigan
Longitude
-85.6668679
Latitude
42.9618294

FAQs

What type of property is this?
Office Property / Space - Historic Office Building, 28,946 SF
Where is this office property / space located?
The property is located at 41 Sheldon Ave Grand Rapids, MI.
What is the asking price?
The asking price for this property is $3,100,000.
What are key features of this property?
This property features: $3,100,000 asking price for a 28,946 square foot office building.; Located at 41 Sheldon Ave SE, Grand Rapids, MI 49503.; Traditional office building, built in 1911, featuring two stories on a 0.36-acre lot.
More about this property
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