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102 Ohio Street W, Butler, MO, 64730
Hotel and Restaurant Building

102 Ohio Street W Butler, MO 64730

New
For Sale
$1,500,000

Multi-floor hotel rooms with on-site restaurant and bar space, along with room for additional renters.

Days on Market5

Property Features for 102 Ohio Street W

General Information

Standard status Active
Property subtype Business Opportunity

Building Details

Year Built 1906
Listing Agency: KW Diamond Partners
Listed By: Jeannette England · License #SP00239541
Source: Coloniallistings
Added: Jul 25 Changed: Jul 26 Last Checked: Jul 29 at 12:55PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW Diamond Partners

Investment Insights

Based on property information with market context.

The Pennell Hotel/Restaurant is a multi-story building with a maintained interior and flexible income opportunities. The main floor currently generates monthly income through a business renter, and the property includes space suited for additional renters. The second floor offers 9 hotel rooms designed for extended stays, featuring at-home amenities such as a living room, full kitchen, and bedroom.

The restaurant was last operated in 2022, but the kitchen remains fully intact, and the old speakeasy bar is still in place for dinner service. Original ceramic floors and a grand staircase welcome guests at the front door. The third floor may need some love, and could be adapted for office use or an additional venue, depending on the buyer’s plans.

Located at 102 Ohio Street W in Butler, MO, the property also notes grant availability to support repairs if the building is declared a National Historic Preservation site. An additional parking space and a separate building are available for sale northwest of the main property.

Key Highlights

  • 1906 Pennell Hotel/Restaurant building with on‑site restaurant, bar, and multiple rentable floors
  • Main floor currently generates monthly income from a business renter, with room for additional renters
  • Second floor has 9 hotel rooms rented to traveling nurses, construction workers, hunters, and others

Property Analytics

Location Intelligence

Current Use

The Pennell Hotel & Restaurant Restaurant The Pennell Hotel Hotel & Motel

Suggested Use

Top Pick Electrical Service Plumbing Service (Bike/Boat/Book/etc) Store Grocery & Convenience Store Locksmith Real Estate Agency

Zoning and permitted uses should be independently verified with authorities.

Frequently Asked Questions

What type of property is this?
Hotel - Multi-floor hotel rooms with on-site restaurant and bar space, along with room for additional renters.
Where is this hotel located?
The property is located at 102 Ohio Street W Butler, MO.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 1906 Pennell Hotel/Restaurant building with on‑site restaurant, bar, and multiple rentable floors; Main floor currently generates monthly income from a business renter, with room for additional renters; Second floor has 9 hotel rooms rented to traveling nurses, construction workers, hunters, and others
More about this property
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