102 Ohio Street W Butler, MO $ 1,800,000
102 Ohio Street W
$ 1,800,000
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102 Ohio Street W

Butler, MO, 64730
$ 1,800,000
Baths0.0

Monthly Estimate*

$ 12,574

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Studio

Commercial Property for sale in Butler, MO

for $1,800,000. This building was built in 1906 on a lot size of 0.229568.

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.***

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Commercial Active

Price

$ 1,800,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 7,552

Style

Business Opportunity

Lot Size

0.229568

Year Built

1906

Town/City

Butler

County/Region

Bates

MLS | Web ID

2459451

Features
General
Interior Features Passenger Elevator
Utilities Gas to Site Sanitary Sewer Water/Sewer
Possession Funding
Zoning Y
Year Built 1906
Property SubType Business Opportunity
Current Use Bar/Tavern/Lounge Hotel/Motel Business
Business Type Bar/Tavern/Lounge Other
County Bates
Property Type Business Opportunity
Subdivision Name Butler
Status Active
Directions I49 to the Butler to HWY 52 exit. Go East to Delaware St Turn left. Go to Ohio Street and property is located on the Northwesst corner of Ohio St and Delaware.
City Butler
MLS Area 230 - Bates County Mo
Lot Size Square Feet 10000
Street Name Ohio
Listing Terms Cash Conventional
Public Remarks 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
Standard Status Active
In Flood Plain No
HMS_MaintenanceProvidedYN N
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Exterior
Parking Features On Street
Lot Size Area 10000
Road Surface Type Asphalt
Lot Size Units Square Feet
Road Frontage Type City Street
Road Responsibility Public Maintenance
Location Features Business District Free Standing
Number of Docks 0
Number of Drive In Doors 0
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Interior
Total Stories 3
Street Suffix Street
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* Excluded Features
List By
Kw Diamond Partners

Broker

Affordability Calculator

$13,203
Per Month
95%
5%
0%
Monthly Principal & Interest
$12,574
Monthly Property Taxes
$629
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
652738 Elementary School
652859 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/18/2023$1,800,000 Listed Price

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102 Ohio Street W, Butler, MO, 64730 is a Commercial Property for sale at $1,800,000 with a lot size of 0.229568. 102 Ohio Street W is a studio with 0.0 baths and was built in 1906. The property's zip code is 64730 which is in Butler, MO