139 Pearl Street NW Grand Rapids, MI 49503

Business MLS #: 25033848 Courtesy Of MOXIE Real Estate + Development
7282 Old Mission Drive NE, Rockford, MI

Property InformationDescription

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.

Features

  • Age: Over 50 Years Old
  • Architecture Style: Other
  • Building Units: 16
  • Heating System: Forced Air
  • Legal Description: PART OF LOTS 2 & 3 SEC 1 COM 67.50 FT ELY ALONG N LINE OF PEARL ST /66 FT WIDE/ FROM E LINE OF MONROE AVE /100
  • MLSID: 25033848
  • Rooms: Bathroom 4
  • Rooms: Bathroom 5
  • Rooms: Bathroom 2
  • Rooms: Bathroom 3
  • Rooms: Bathroom 1

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139 Pearl Street NW, Grand Rapids, MI 49503
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