102 Ohio St Butler, MO 64730

This iconic 20,000 square foot mixed-use property in Butler, Missouri, presents a unique investment opportunity. Built in 1906, the three-story Pennell Hotel/Restaurant boasts a rich history and undeniable charm. Currently configured as a thriving restaurant and bar on the ground floor, with nine hotel rooms on the second floor, this property offers immediate income potential. The building features original ceramic floors, a grand staircase, and a historic "speakeasy" bar, all contributing to its unique character. The third floor provides significant expansion potential, suitable for office space, additional hotel suites, or a special event venue. This private ownership opportunity allows for a variety of uses, catering to both owner-users and investors seeking a high-return property. Located at 102 W Ohio St, Butler, MO 64730, the property's prime location ensures high visibility and accessibility. The building's historic nature may qualify for preservation grants and incentives, further enhancing its investment appeal. This is a rare chance to acquire a landmark property with significant upside potential in a vibrant community. The asking price is $1,800,000, translating to $90 per square foot.