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Listed price in listed location currency (USD).
$1,500,000

000

MLS® 2459451

Overview

Key Facts

Type Business
Levels Business Opportunity
Size -
Garage 
Taxes $7,552
Days Active 654
Lot Size 
Approx. Age 1906
MLS® Number 2459451

Property Address: 102 W Ohio St, Butler, MO, 64730-2049

Average square foot calculated using Size range provided by listing agent.

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.***
MLS® Number2459451
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1906
Basement
DrivewayOn Street
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 15, 2024List Date
$1,500,000List Price

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