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Mixed-Use Property with Hotel Rooms

102 Ohio Street W, Butler, MO 64730

For Sale
$1,500,000
Pending

Business Opportunity, Butler, MO

Property SizeContact for details
Lot Size0.23 Acres
Days on Market1121

Property Features for 102 Ohio Street W

General Information

Property type Commercial Sale
Property subtype Other
Zoning Y
Parking features On Street
Interior features Elevator
Accessibility Accessible Elevator Installed
Subdivision Butler
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.
Standard status Pending
APN 13-05.0-22-010-030-001.000
Lot size 0.23 Acres

Tenancy & Operations

Currently Operating Yes
Tenant in Place Yes

Taxes and HOA fees

Tax Description ALL OF BLK 3 BLK 3 PROPER ADDN
Tax Annual Amount 7552
Legal Description ALL OF BLK 3 BLK 3 PROPER ADDN

Utilities

Utilities Water Available

Building Details

Year built 1906
Floors in Building 3
Buildings 1
Listing Agency: KW Diamond Partners · Keller Williams Realty
Listed By: Jeannette England
Added: Oct 17, 2023 Changed: Oct 24 Last Checked: Nov 10 at 10:06PM
MLS# 2459451

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.

Rey
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Investment Insights

Based on property information with market context.

This three-story mixed-use property combines lodging, restaurant, and flexible commercial space within a 1906 building. The second floor contains 9 rentable hotel rooms, each arranged with a living room, full kitchen, and bedroom. An elevator serves the building, and the property includes an accessible elevator installation.

Restaurant improvements remain in place, including the commercial kitchen and former bar area. Original ceramic flooring and a grand staircase add distinctive interior character. The main floor is currently occupied by a business renter, while the third floor provides additional space for offices or another commercial use. The property is located at 102 Ohio Street W in Butler, Missouri, on a 0.2296-acre parcel, with on-street parking and water available.

Key Highlights

  • 9 rentable hotel rooms with living room, full kitchen, and bedroom layouts
  • 1906 mixed‑use building with original ceramic floors and grand staircase
  • Restaurant kitchen remains intact, with former bar area still in place

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

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

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

475
Businesses Nearby
12k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Butler #1 Shops & Services
7,635 visits/mo 0.5 miles
Butler #2 Shops & Services
3,989 visits/mo 0.2 miles

Demographics for 64730, MO

6,803
Population
2,986
Households
2.3
Avg Household Size
42
Median Age
17%
College-Educated
91%
High-School Grad
282.3 sq mi
ZIP Area
24
Density / Sq Mi
$46,121
Median Household Income
$35,605
Median Earnings
$772
Median Rent
$170,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Three-story building with lodging accommodations, restaurant infrastructure, and elevator access.
Where is this mixed-use property 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: 9 rentable hotel rooms with living room, full kitchen, and bedroom layouts; 1906 mixed‑use building with original ceramic floors and grand staircase; Restaurant kitchen remains intact, with former bar area still in place
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