22 Jefferson Avenue SE, Grand Rapids, MI 49503 (MLS# 25017431)

22 Jefferson Avenue SE, Grand Rapids, MI 49503

$1,890,000
Property Type: Multi Family Lot Size (sq. ft.): 6,400 Status: Active
Current Price: $1,890,000 List Date: 4/24/2025 Last Modified: 8/03/2025

Description

This is worth a second look! Two large historic buildings within Heritage Hill (but not on the hill) in downtown Grand Rapids. The property is zoned for a wide range of uses from commercial business and residential ownership to a variety of rental within the 4 units. Currently operates as a boutique hotel consisting of 4 gorgeous suites. The desire to live, play and visit downtown is growing here in GR/West Michigan. This property jogs your own creativity for your investment purposes! A turn-key opportunity in West Michigan. Each building offers 2 suites. The restored buildings include many amenities: heated driveway & sidewalks, private laundry, updated mechanicals, attached garage and luxury furnishings. Walking distance to downtown events, venues, restaurants, shopping, Civic Theater,

Supplements: and library. The majority of furniture and accessories included in the sale. Financials available upon request. The owners have put a lot of heart, creativity and investment into this and made it one of the best places to stay in West Michigan!

More Information MLS# 25017431

Location Property Info

County: Kent Street #: 22 Street Name: Jefferson Suffix: Avenue Post Direction: SE State: MI Zip Code: 49503 Area: Grand Rapids - G

OfficeContract Info

Status: Active Current Price: $1,890,000 List Price: $1,890,000 Listing Date: 2025-04-17

General Property Info

Lot Measurement: Acres Lot Square Footage: 6400 Lot Acres: 0.15 Lot Dimensions: 50x128 Year Built: 1900 New Construction: No Financial Comments: Seller would consider financing Cert of Compliance: Yes Cert. of Compliance Exp Date: 2026-02-01 Road Frontage: 50 Total # Units: 4 # of Diff Unit Floor Plans: 4 Total # Bldgs: 2 Total Parking Spaces: 4 Waterfront: No School District: Grand Rapids

Tax Info

Tax ID #: 41-14-30-326-004 Taxable Value: 263720 SEV: 291900 For Tax Year: 2025 Seller's Annual Property Tax: 13265 Tax Year: 2024 Zoning: TN-TCC

Remarks Misc

Directions: South off Fulton to property

Access Feat

Accessibility Features: No

Unit 1

Unit Description: Barlow- Lower house SqFt: 1615 Occupied: Yes Bedrooms: 2 Bathrooms: 1 Full Baths: 1

Unit 2

Unit Description: Maple - 2/3 house SqFt: 2962 Occupied: Yes Bedrooms: 2 Bathrooms: 2 Full Baths: 2

Unit 3

Unit Description: Lehigh - Building SqFt: 1800 Occupied: Yes Bedrooms: 3 Bathrooms: 3 Full Baths: 3

Unit 4

Unit Description: Drumlin - Building SqFt: 1500 Occupied: Yes Bedrooms: 2 Bathrooms: 2 Full Baths: 2

Property Features

Laundry Features: Common Area; In Unit; Lower Level; See Remarks; Upper Level Exterior Material: Block; Wood Siding Roofing: Composition Substructure: Full Lot Description: Level; Sidewalk Sewer: Public Sewer Water: Public Water Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected Util Avail at Street: Electricity Available; High Speed Internet; Natural Gas Available; Public Sewer; Public Water; Storm Sewer Extras: Laundry Facility Owner Pays: Electricity; Gas; Sewer; Trash Collection; Water Tenant Pays: None Heat Source: Electric; Natural Gas Heat Type: Baseboard; Forced Air Air Conditioning: Central Air Driveway: Concrete; Shared Paved Street Type: Paved Mineral Rights: Unknown Terms Available: Cash; Conventional Possession: Close Plus 30 Days Sale Conditions: None Unit 1: Central Air; Dishwasher; Range Oven; Refrigerator; Washer/Dryer Unit 2: A/C Unit; Central Air; Dishwasher; Garage; Range/Oven; Refrigerator; Sep. Heat System Unit 3: Range/Oven; A/C Unit; Dishwasher; Refrigerator; Washer/Dryer Unit 4: A/C Unit; Dishwasher; Range/Oven; Refrigerator; Washer/Dryer
Listing Office: EXP Realty (Grand Rapids)
Listing Agent: Jodi Smith
Last Updated: August - 03 - 2025
22 Jefferson Avenue SE, Grand Rapids, MI 49503- MLS# 25017431
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