41 Sheldon Ave SE | Grand Rapids, MI 49503
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41 Sheldon Ave SE
Grand Rapids, MI 49503
Retail Property For Sale
Executive Summary
Amazing opportunity to own an immaculately maintained office/retail building in downtown Grand Rapids. There is an abundance of natural light, creating a bright and inviting atmosphere. The building offers great proximity to nearby restaurants, hotels and entertainment attractions. The building has undergone extension renovations, incorporating modern finishes and interior amenities. The main level has nearly 13,500 SF of unique office space while the lower level has 15,500 SF that includes recording rooms, classrooms, and an impressive 160-seat theater room. A portion of the main floor was utilized by ArtPrize. Seller will consider long-term lease options as well.
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
28,946 SF
Year Built
1911
Price
£2,545,574
Price Per SF
£88
Tenancy
Single
Number of Floors
2
Building FAR
1.87
Lot Size
0.36 AC
Zoning
TN-CC - Commercial
Parking
14 Spaces (0.48 Spaces per 1,000 SF Leased)
Frontage
155 ft on Sheldon Boulevard Southea
PROPERTY TAXES
| Parcel Number | 41-14-30-304-011 | Improvements Assessment | £0 |
| Land Assessment | £0 | Total Assessment | £817,704 |
PROPERTY TAXES
Parcel Number
41-14-30-304-011
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£817,704
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