16 W Peoria ST, Paola, KS 66071
16 W Peoria ST, Paola, KS 66071
16 W Peoria ST, Paola, KS 66071
16 W Peoria ST, Paola, KS 66071
16 W Peoria ST, Paola, KS 66071
16 W Peoria ST, Paola, KS 66071
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Listed by Joe Fester • Crown Realty
$ 249,950
Est. payment | /mo

2,933 Sqft Lot


Save
$ 249,950
Est. payment | /mo
Save

2,933 Sqft Lot

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

MLS Listing ID 2497339

Year Built 1880

Annual Tax Amount $5,851

Lot Size 2,933 Sqft

Acres 0.06733242

Property Sub-Type Retail

Source hmls

Property Description

*** OWN A PIECE OF HISTORIC DOWNTOWN PAOLA — 4,600 SF± OF POSSIBILITIES! *** Located on the north side of the historic Paola Square, this two-story commercial building is home to Milo's Steakhouse, a long established, currently operating restaurant, and offers exciting opportunities for restaurant operators, investors, and entrepreneurs. The approximately 2,760 SF main level features a fully equipped restaurant space with commercial kitchen, bar, dining area, and restaurant equipment and fixtures included in the sale. Upstairs, approximately 1,840 SF of space previously configured as residential apartments offers excellent potential for renovation into rental units, professional offices, or other income-producing uses, subject to necessary improvements and city approvals. The basement provides additional storage and utility space. Whether your vision is to establish your own restaurant or lease the main level or redevelop the upper floor, this historic downtown property offers multiple possibilities under one roof.
$$ NOW OFFERED AT ONLY $249,950 — APPROX $54 PER SQUARE FOOT ABOVE GRADE INCLUDING RESTAURANT EQUIPMENT AND FIXTURES! $$ Sale includes the land, building, specified restaurant equipment, and fixtures only - the existing restaurant business is NOT included. Zoned Commercial. Sold AS-IS. Buyer to verify square footage, permitted uses, renovation requirements, and property condition. Additional information available in Supplements.
Get with your favorite Buyer's agent to schedule a showing, or call or text me at 913-259-8652, or email me at joefester@crownrealty.com.
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Location

State KS

County Miami

Zoning COM

Interior

Fireplace N

Exterior

Exterior Feature Building Sign

Utilities Available Service - 220v, Electricity Available, Sewer Available, Water Available

Building

Story 2

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Heartland MLS KS / Southeast Kansas AOR
Thomas Darbro

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(620) 779-1200

thomas@sekopportunity.com

1106 Oak St, Suite B, Coffeyville 67337, USA

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16 W Peoria ST