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102 Ohio Street W

Butler, MO 64730
  • $1,800,000
  • STATUS: Active
  • ON SITE: 270 Days
  • ID#: 2459451
UPDATED: 50 min ago
$1,800,000
  • 0
    BEDS
  • 0.23
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Business Opportunity
Built:
1906
County:

School Ratings & Info

Description

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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Heartland MLS Terms of Use

The information displayed on this page is confidential, proprietary, and copyrighted information of Heartland Multiple Listing Service, Inc. ("Heartland MLS"). Copyright 2024, Heartland Multiple Listing Service, Inc. Heartland MLS and Keller Williams KC - Northland do not make any warranty or representation concerning the timeliness or accuracy of the information displayed herein. In consideration for the receipt of the information on this page, the recipient agrees to use the information solely for the private non-commercial purpose of identifying a property in which the recipient has a good faith interest in acquiring. The data relating to real estate displayed on this website comes in part from the Heartland Multiple Listing Service database compilation. Data last updated: 2024-07-15T19:45:34.467.

Based on information submitted to the MLS GRID as of 2024-07-15T19:45:34.467 All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.ericcraigrealestateteam.com/homes/144473871
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102 Ohio Street W Butler, MO 64730

  • Price: $1,800,000
  • Status: Active
  • On Site: 270 Days
  • Updated: 50 min ago
  • ID#: 2459451
0
Beds
0
Baths
0
½ Baths
0.23
Acres
1906
Built
Neighborhood:
Butler
County:
Bates
Area:
230 - Bates County, Mo
Property Description
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.***
Exterior Features

Number Of Docks 0 Number Of Drive In Doors 0 Parking Features On Street Road Frontage Type City Street Road Responsibility Public Maintenance Road Surface Type Asphalt

Interior Features

Interior Features Passenger Elevator

Property Features

Age Description 101 Years/More Business Type Bar/Tavern/LoungeOther Current Use Bar/Tavern/LoungeHotel/MotelBusiness In Flood Plain No Inside City Limits Yes Leased YN No Listing Agreement Exclusive Right To Sell Listing Terms CashConventional Location Features Business DistrictFree Standing Maintenance Provided YN No Occupancy Description AnnualOther Possession Funding Property Sub Type Business Opportunity Sale Includes Business NameEquipment Tax Total Amount 7552 Transaction Type Sale Utilities Gas to SiteSanitary SewerWater/Sewer Zoning Y

Listing information © 2024 Heartland MLS as distributed by MLSGRID.
Listing courtesy of KW Diamond Partners.



Heartland MLS Terms of Use

The information displayed on this page is confidential, proprietary, and copyrighted information of Heartland Multiple Listing Service, Inc. ("Heartland MLS"). Copyright 2024, Heartland Multiple Listing Service, Inc. Heartland MLS and Keller Williams KC - Northland do not make any warranty or representation concerning the timeliness or accuracy of the information displayed herein. In consideration for the receipt of the information on this page, the recipient agrees to use the information solely for the private non-commercial purpose of identifying a property in which the recipient has a good faith interest in acquiring. The data relating to real estate displayed on this website comes in part from the Heartland Multiple Listing Service database compilation. Data last updated: 2024-07-15T19:45:34.467.

Based on information submitted to the MLS GRID as of 2024-07-15T19:45:34.467 All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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