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$4,000,000
18 Days On Site

139 Pearl Street NW
Grand Rapids City, MI 49503

For Sale|Multi Family|Active
3
Beds
0
Total Baths
1890
Built
County:
Kent

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248-213-8606
139 Pearl Street NW139 Pearl Street NW139 Pearl Street NW139 Pearl Street NW
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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.

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Listing Snapshot
Price 
$4,000,000
Days On Site 
18 Days
Bedrooms 
3
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1 Acres
Year Built 
1890
MLS® Number 
65025034224
Status 
Active
Property Tax 
$61,608
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 weeks agoListing first seen on site
3 weeks agoListing updated with changes from the MLS®
General Features
Acres 
0.1
Cross Street 
Pearl and Monroe
Property Sub Type 
Multi Family
Sewer 
Public Sewer
Utilities 
Electricity ConnectedNatural Gas Connected
Water Source 
Public
Zoning 
Other
Interior Features
Basement 
Full
Heating 
Forced AirNatural Gas
Laundry Features 
In Unit
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Exterior Features
Construction Details 
OtherStone
Community Features
Financing Terms Available 
CashConventional
MLS Area 
Area41142GrandRapids
School District 
GrandRapids
Schools
School District
GrandRapids
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of MOXIE Real Estate + Development: [email protected]



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IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing and that the data is deemed reliable but not guaranteed accurate by the MLS.

Neighborhood & Commute
Source: Walkscore
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