Grand Rapids, MI 49503 139 Pearl Street NW
$4,000,000



46 more















































Presented By: Daniel Kolp at MOXIE Real Estate + Development - (616) 890-7794
Home Details
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.
Presented By: Daniel Kolp at MOXIE Real Estate + Development - (616) 890-7794
Interior Features for 139 Pearl Street NW
Bathrooms
Total Baths16
Other Interior Features
Basement (Y/N)No
Heating Y/NYes
Interior AmenitiesBroadband
Total Stories4
General for 139 Pearl Street NW
Additional Parcels Y/NNo
Business TypeOther, Professional Service, Restaurant, Bar/Tavern/Lounge
CityGrand Rapids
CountyKent
Full Baths16
HeatingForced Air
High School DistrictGrand Rapids
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionPART 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
Listing TermsConventional, Cash
Lot Size Square Feet4530.0
Lot Size UnitsAcres
MLS AreaGrand Rapids - G
MLS Area MinorGrand Rapids - G
MobileHomeRemainsYNNo
ModificationTimestamp2025-07-14T12:40:03Z
New ConstructionNo
Number Of Units Total16
PossessionClose Of Escrow
Property SubtypeBusiness
Property TypeCommercial Sale
Rent Control Y/NNo
Senior CommunityNone
Standard StatusActive
StatusActive
Tax Annual Amount61608.0
Tax Assessed Value1170323
Tax Year2025
TownshipCity of Grand Rapids
UtilitiesPhone Available, Cable Available, Natural Gas Connected, Electricity Connected
Year Built1890
Exterior for 139 Pearl Street NW
Building Area Total16812.0
Crops Included Y/NNo
Horse Y/NNo
InclusionsReal Estate, Furniture
Irrigation Water Rights Y/NNo
Lot Dimensions42 x 304.62
Lot Size Acres0.1
Lot Size Area0.1
Number of Buildings1
SpaNo
Waterfront Y/NNo
Additional Details
Price History
