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Active
139 Pearl ST NW MI 49503
4,356 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Active
Purchase Type For Sale
MLS Listing ID 65025034224
Year Built 1890
Lot Size 4,356 Sqft
Acres 0.1
Property Sub-Type MultiFamily
Property Description
Proud to present 139 Pearl for sale. This licensed boutique hotel is strategically located in the heart of Grand Rapids core downtown business district, also known as the Hotel District. Originally comprising 14 long-term apartments and 2 commercial spaces (16 total units),the property has undergone a strategic transformation into a mixed-use building, now approved for short-term transient stays. Featuring high quality finishes with tall ceilings, granite surfaces and in unit washer & dryer, these fully furnished units show well and allow a new owner to capitalize on an already stabilized, high-performing boutique hotel in a rapidly growing market. With Grand Rapids continued expansion, the asset is well-positioned for long term appreciation and increased cash flow.
Location
State MI
County Kent
Area Area41142Grandrapids
Rooms
Basement Full
Interior
Heating ForcedAir, NaturalGas
Fireplace No
Laundry InUnit
Exterior
Utilities Available ElectricityConnected, NaturalGasConnected
View Y/N No
Building
Sewer PublicSewer
Water Public
New Construction No
Schools
High Schools Grandrapids
School District Grandrapids
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
©2025 Realcomp II Ltd. Shareholders
Listed by Daniel Kolp of MOXIE Real Estate + Development
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