• Asking Price $1,800,000

  • 102 Ohio Street W Butler, MO 64730

  • Other / Resale (MLS)
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Property Details for 102 Ohio Street W, Butler, MO 64730

Facts

  • Year Built: 01/01/1906
  • Property ID: 877026851
  • MLS Number: 2459451
  • Property Type: Other
  • County: BATES
  • Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. 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. nAlthough 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.nThe 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. nGrants 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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Property Brokerage: Keller Williams Realty Diamond Partners Inc. 13671 S Mur Len Rd Olathe KS 66062
Copyright © 2024 Heartland Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


All information provided is deemed reliable, but is not guaranteed and should be independently verified.

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