102 Ohio Street W, Butler, MO

$1,749,000

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0.23

Acres

About 102 Ohio Street W

OPPORTUNITIES ABOUND! Here is your opportunity to own the one and only Pennell Hotel/Restaurant. Don't be fooled, this beautiful building offers so much more. Let your personal business sense guide you in how to make this remarkably maintained building your own investment mecca, whether you bring it back to a restaurant/bar or turn it into a grand venue for weddings, meetings, etc. Current monthly income is being brought in by a business renter on the main floor, with plenty of room for additional renters. The second floor features 9 hotel rooms available and rentable. These hotel rooms are rented by traveling nurses, construction workers, hunters and many others traveling throughout the area and offer "at home" amenities including living room, full kitchen and bedroom. Although the restaurant was last operated in 2022, the kitchen is still fully intact and ready for your culinary perfection. The old "speakeasy" bar is still ready to serve the perfect cocktail to dinner guests. The original ceramic floors and grand staircase greet the clients as they enter the front door. The third floor may need some love but this area is perfect for office space, a second venue, or anything else your business sense can create. Grants are available to help with repairs should you wish to have this building declared a National Historic Preservation site. So much history is still visible within the walls of this glorious building. Bring your ideas and let this property be your next investment dream. ****An additional parking space and building is available for sale Northwest of the building.***

Features of 102 Ohio Street W

MLS® # 2459451
Price $1,749,000
Bathrooms 0.00
Square Footage 10000
Acres 0.23
Year Built 1906
Type Business Opportunity
Sub-Type Business Opportunity
Status Active

Community Information

Address 102 Ohio Street W
Area 230 - Bates County, Mo
Subdivision Butler
City Butler
County Bates
State MO
Zip Code 64730

Amenities

Parking On Street
Has Pool No

Interior

Interior Features Passenger Elevator
Fireplace No
Has Basement No

Additional Information

Date Listed October 17th, 2023
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Map

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