Hotel and Restaurant
For Sale
$1,500,000
102 Ohio Street W, Butler, MO 64730
Multi-floor hotel rooms with on-site restaurant and bar space, along with room for additional renters.
Property SizeContact for details
Days on Market13
Property Features for 102 Ohio Street W
General Information
Standard status
Active
Property subtype
Business Opportunity
Amenities
living room
full kitchen
bedroom
speakeasy bar
original ceramic floors
grand staircase
Building Details
Year Built
1906
Stories
3
Listing Agency:
KW Diamond Partners
(913) 322-7500
Listed By:
Jeannette England · License #SP00239541
(913) 322-7500
Source:
Coloniallistings
Added: Jul 25
Changed: Jul 26
Last Checked: Aug 5 at 2:44PM
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.
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
Current Use
Location Intelligence
Trade Area within ½ mile
475
Businesses Nearby
12k
Monthly Visits Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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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
