102 Ohio ST #W Active Save Request In-Person Tour Request Virtual Tour
Butler,MO 64730
Key Details
Property Type Commercial
Sub Type Business Opportunity
Listing Status Active
Purchase Type For Sale
Subdivision Butler
MLS Listing ID 2459451
Year Built 1906
Annual Tax Amount $7,552
Lot Size 10,000 Sqft
Property Sub-Type Business Opportunity
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.***
Location
State MO
County Bates
Zoning Y
Exterior
Utilities Available Gas to Site,Sanitary Sewer,Water/Sewer
Building
Story 3
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional