139 Pearl Street NW
GrandRapids, MI 49503
Map
- – beds
- – baths
- – sqft
- 4,530 sqft lot
- 1890 build
- – on site
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.
Last checked:
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Last updated Jul 11, 2025
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MLS# 65025034224 —
The Building
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Year Built:1890
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Construction Materials:Other, Stone
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Basement:Full
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Basement:true
Interior
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Laundry Features:InUnit
Location
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Cross Street:Pearl and Monroe
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Latitude:42.966618
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Longitude:-85.671672
The Property
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Parcel Number:411325277030
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Property Type:ResidentialIncome
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Property Subtype:MultiFamily
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Lot Size Acres:0.1
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Lot Size Area:4530.0
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Lot Size Dimensions:42 x 304.62
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Lot Size Units:SquareFeet
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Zoning Description:Other
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Road Frontage Feet:42
Listing Agent
- Contact info:
- Agent phone:
- (616) 550-2684
- Office phone:
- (616) 890-7794
Taxes
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Tax 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
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Tax Assessed Value:1170323
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Tax Annual Amount:61608.0
Heating & Cooling
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Heating:ForcedAir, NaturalGas
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Heating:true
Utilities
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Utilities:ElectricityConnected, NaturalGasConnected
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Sewer:PublicSewer
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Water Source:Public
Schools
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High School District:GrandRapids
The Community
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Waterfront:false
IDX provided courtesy of Realcomp II Ltd., via Estately and Greater Regional Alliance of REALTORS, © 2025 Realcomp II Ltd. Shareholders
Estately Inc. is a Michigan licensed brokerage #6505374810, managed by Michigan licensed REALTOR® broker Darren Yearsley #6505374810.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
IDX provided courtesy of Realcomp II Ltd. via Estately Inc. and REALCOMP. ©2025 Realcomp II Ltd. Shareholders.
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
7/11/25
Jul 11, 2025
|
Listed / Active | REALCOMP | $4,000,000 |
