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$4,000,000

$7,200Reward *

139 Pearl Street NW, Grand Rapids, MI 49503Listing ID 25034224

139 Pearl Street NW, Grand Rapids, MI 49503

Active

Grand Rapids - G

Time on site: 329 days • Last updated: Jul 15, 2025

Property Type

Multi Family

Property Sub Type

Multi Family

Acres

0.1

Days on Site

386

Heating

Forced Air

Year Built

1890

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.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

139 Pearl Street NW, Grand Rapids, MI 49503

Market Report for 49503

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