$ 4,000,000
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$4,000,000
Price -
0
Bed - Bath
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0
SqFt
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About the Listing 87095 - 713327,571652
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.
Listing Highlights for 139 Pearl
Status
Active
Days on Site
65
Property Type
Multi-Family
MLS ®
70480881
Year Built
1890
Total Square Footage
0
Lot/Acreage
0.1
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond:
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 42 x 304.62
- Zoning: Commercial
- Roof:
- Others:
- Sewer:
Financial Details
- Tax Amount: $61,608
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2024
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
139 Pearl Grand Rapids, MI 49503
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