About This Home

This 0-bedroom, 0-bathroom commercial at 102 Ohio Street W in Butler, MO is listed for $1,500,000. Built in 1906, on a 0.23 acres lot.

Key Features

  • Built in 1906
  • 0.23 acre lot
  • 3 stories

Property Details

3 stories
1906
Listing 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.***

Monthly Cost Estimate

$8,022/mo

20% down · 6.5% · 30 years

Principal$1,085
Interest$6,500
Insurance$438

Estimates only. Actual payments may vary.

Location

102 Ohio Street W

Butler, MO 64730

Features & Amenities

Interior Features

Elevator

Property Details

Parking

On Street

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 102 Ohio Street W is listed at $1,500,000. The estimated monthly payment is $8,023 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1906, 0.23 acre lot, 3 stories. Interior Features: Elevator.

This property is listed by Jeannette England.

JE

Jeannette England

Agent at Keller Williams Realty Diamond Partners Inc.

Listed by Keller Williams Realty Diamond Partners Inc. · Broker phone: (913) 322-7500 · Broker website

MLS# 2459451· Source: Heartland Multiple Listing Service· 1108 days on PropertySimple

Copyright © 2026 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.

102 Ohio Street W, Butler, MO 64730

Open this listing in: