For Sale
$3,100,000

41 Sheldon Ave Grand Rapids, MI 49503

Historic Office Building, 28,946 SF

Overview

Added:
Dec 11, 2024
Days on market:
128
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.

Highlights

  • $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.
  • $107.10 per square foot.
  • Main level offers nearly 13,500 SF of office space; lower level includes 15,500 SF with recording rooms, classrooms, and a 160-seat theater.

Property Details for 41 Sheldon Ave

Property type
Office properties
Square Feet
28,946 SF
Year Built
1911
Buildings
1
Stories
2
Lot Size (sq. ft)
15,682 SF

Location Insight

City
Grand Rapids
County
Kent
State
Michigan
Latitude
42.9618294
Longitude
-85.6668679
41 Sheldon Ave, Grand Rapids, Michigan

FAQs

What type of property is this?
Office property - Historic Office Building, 28,946 SF
Where is the office property 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.
How can I contact the broker?
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41 Sheldon Ave
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