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… Read More 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. Read Less
Courtesy of MOXIE Real Estate + Development, Daniel Kolp.
Listing Snapshot
Days Online
22
Last Updated
Property Type
Business
Square Ft.
16,812
Lot Size
0.1 Acres
Year Built
1890
MLS Number
25033848
30 Days Snapshot Of 49503
$293k
-13%
(avg) sold price
28
-22%
homes sold
53
+6%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Building Area Total: 16,812, Number Of Buildings: 1, Number Of Units Total: 16, Year Built: 1890, 4 total stories
