20 Ohio StButler, MO 64730

Property Details for 20 Ohio St

Year built

1900

Lot size

0.05 AC

Property size (Sq ft)

2,300 SF

Property type

Turn key restaurants

APN

13-05.0-22-010-037-008.000

APU

1305022010037008000

Description

This exceptional 2,300 sq ft commercial property, located at 20 W Ohio Street in Butler, Missouri, presents a unique investment opportunity. Built in 1900, this single-story building boasts significant curb appeal and high foot traffic, situated conveniently next to City Hall in Butler Square. Previously used as a real estate office, its adaptable layout offers endless possibilities, including retail, a restaurant, or other professional services. The property features a large walk-in safe, a handicap-accessible bathroom, and plumbing for a second bathroom. Recent upgrades include a newer roof, furnace, and water heater. Ample parking is available, with some spaces in the front and additional spaces in the rear, maintained by the city. The building's central location places it at the heart of local festivals and community events. The seller is willing to leave behind existing furniture, some inventory, and the advertising TV in the front window. This property offers significant expansion potential and is ready for immediate occupancy. The asking price is $205,000. The lot size is 2,300 square feet. The property is zoned for Office and Retail use.

• CAP approach

  CAP return

  Valuation

  6%

  $662,545

  6.5%

  $611,580

  7%

  $567,896

• Comparable approach

  Method

  Valuation

  Relative Method

  $414,588

  Geo Method

  $414,588

• Alternative Use

  Use

  Valuation

  Residential

  $515,891

  Hospitality

  $472,553

  Educational

  $393,159

  Medical

  $406,680

  Retail

  $611,580

Location Insight

City

Butler

County

Bates

State

Missouri

Latitude

38.2588

Longitude

-94.3328

CBSA code

28140

CBSA name

KANSAS CITY, MO-KS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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