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$4,000,000
Est. payment /mo
16 Baths
16,812 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type BusinessandRealEstate
Listing Status Active
Purchase Type For Sale
Square Footage 16,812 sqft
Price per Sqft $237
MLS Listing ID 65025033848
Year Built 1890
Property Sub-Type BusinessandRealEstate
Property Description
MOXIE is 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
Interior
Heating ForcedAir, NaturalGas
Exterior
Utilities Available ElectricityConnected, NaturalGasConnected, PhoneAvailable
View Y/N No
Building
Sewer PublicSewer
Water Public
Schools
School District Grandrapids
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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©2025 Realcomp II Ltd. Shareholders
Listed by Daniel Kolp of MOXIE Real Estate + Development
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Coldwell Banker Town & Country Real Estate
Broker | License ID: 308761
Broker License ID: 308761
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