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    Grand Rapids, MI
    Wedding Venue

    Grand Rapids, MI Wedding Venues for Sale

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    Ada, MI Belmont, MI Comstock Park, MI East Grand Rapids, MI Kentwood, MI Rockford, MI Wyoming, MI Sparta, MI
    Historic Wedding Venue
    Updated: Apr 1
    Historic Wedding Venue

    61 Sheldon Ave SE, Grand Rapids, MI 49503

    $825,000
    6,962 sqft
    Currently operating as a wedding venue
    Renovated in 2019
    Updated HVAC system and upgraded sound and AV equipment
    Full ADA compliance
    Additional off‑street parking across the road
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    This listing looks promising.

    Here's a quick look at some key insights for

    61 Sheldon Ave SE, Grand Rapids, MI 49503

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    • Est. Cap Rate

      7.9%
      Above avg (5.9%)

    • Est. NOI

      $65K
      Annual

    • Mortgage

      $620K
      Nov 2018

    • Property Type

      Commercial (General)
      Built 1881
    View Property Analytics
    Renovated Restaurant Building
    Updated: Jul 15, 2025
    Renovated Restaurant Building

    932 Division Ave S, Grand Rapids, MI 49507

    $2,084,001
    7,274 sqft
    218‑seat banquet facility
    80‑seat restaurant
    Completely renovated in 2024
    Fully sprinklered
    TBA - TRADITIONAL BUSINESS AREA zoning
    View details
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Grand Rapids, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Restaurant and Banquet Property
    Restaurant and Banquet Property

    1071 32nd Street, Allegan, MI 49010

    $2,900,000
    35,880 sqft 22.30 AC lot

    Two complementary hospitality venues occupy a wooded Allegan property with pond frontage and dedicated event facilities.

    View details
    Historic Restaurant and Banquet Venue
    Historic Restaurant and Banquet Venue

    1071 32nd St, Allegan, MI 49010

    $2,900,000
    35,880 sqft 22.30 AC lot

    The property combines restaurant, catering, and event uses with extensive outdoor grounds.

    View details
    Event Venue with Commercial Kitchen
    Event Venue with Commercial Kitchen

    2415 E Laketon Avenue, Muskegon, MI 49442

    $225,000
    3,074 sqft 0.37 AC lot

    Versatile event and gathering space with a full commercial kitchen, bathrooms, and office/storage rooms.

    View details
    Wedding Venue with Commercial Kitchen
    Wedding Venue with Commercial Kitchen

    2415 E Laketon Avenue, Muskegon, MI 49442

    $225,000
    3,074 sqft

    Flexible event facility with kitchen, office, storage, and two bathrooms for multiple gathering formats.

    View details

    Grand Rapids, MI Wedding Venues Market Trends and Statistics

    Explore 2 wedding venues for sale in Grand Rapids, MI on our real estate platform. These investment opportunities span a total of 14,236 square feet of properties for sale, with an estimated market value of $2,909,001.

    Sale prices for event centers in Grand Rapids, MI start at $825,000, averaging $1,454,500, and reaching up to $2,084,001 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    NNN properties 9
    Churches & religious facilities 3
    Day care centers 3
    Schools 3
    Wedding venues 1

    Demographics Overview

    Population 434K
    Population Growth (5Y) +2.4%
    Median Household Income $74,271
    College Educated 24.5%

    Taxes & Financing

    Tax Rate (average for all types) 3.15%
    Property Tax per SF $44.85 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Kent County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Kent County

    Retail

    Office

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Grand Rapids fall within the 10,000 to 25,000 square foot range.

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    Popular Searches in Grand Rapids, MI

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    Most Searched ZIP Codes in Grand Rapids, MI

    • 49503
    • 49507

    Featured Grand Rapids Real Estate Agencies

    Realmo connects you with licensed Grand Rapids CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Greenridge Realty Inc.
    3115 Orchard Vista Dr. S.E. Grand Rapids, MI 49546
    Phone: 16169745042
    www.greenridge.com/
    Berkshire Hathaway HomeServices Michigan Real Estate
    3000 E Beltline NE Grand Rapids, MI 49525
    Phone: 18778087007
    www.BHHSMichiganRealEstate.com

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