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102 W Ohio St
Butler, MO 64730
Office Property For Sale

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EXECUTIVE SUMMARY

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.

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Building Size
18,791 SF
Building Class
C
Year Built/Renovated
1906/1979
Price
$2,490,102 CAD
Price Per SF
$132.52 CAD
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
4,698 SF
Building FAR
1.88
Lot Size
0.23 AC

AMENITIES

  • Restaurant

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
13-05.0-22-010-030-001.000
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$174,995 CAD
  • Listing ID: 32164035

  • Date on Market: 2024-06-17

  • Last Updated:

  • Address: 102 W Ohio St, Butler, MO 64730

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