Ask D.W. Hindman
102 Ohio, Butler, Missouri
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.***
Directions: I49 to the Butler to HWY 52 exit. Go East to Delaware St, Turn left. Go to Ohio Street and property is located on the Northwesst corner of Ohio St and Delaware.
Additional Information
Interior
Exterior
Financial/HOA/Schools
Maps
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© 2024 Heartland Multiple Listing Service, Inc. Based on information submitted to the MLS GRID as of May 5, 2024 at 12:00:00 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listed By: Jeannette England of Kw Diamond Partners