Commercial Land for Sale in Paola, Kansas

16 W Peoria St Paola, KS 66071

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$390,000
0.07 acres
Active sale agoEst $3,373/mo

Note: Restaurant will remain open until sold

Nestled in the historic Paola Square, this building, currently operating as Milo's Steakhouse, holds a rich place in Paola's history. It has functioned as a beloved restaurant under various owners over the years. The main level features the restaurant space which can accommodate around 75 customers, while the upper level, previously 2 apartments, is now used for storage and requires renovations to restore its functionality. Potential buyers should consult with Paola Planning and Zoning, as well as the Codes Department, to ensure that any new ideas comply with regulations. The basement is accessible from the rear of the building and offers additional storage space. This property is being sold AS-IS and includes the building, fixtures and equipment. See Supplements. Again, the owners plan to keep the restaurant open until it sells. Buyers and their agents are encouraged to verify all measurements and perform thorough due diligence, including necessary inspections. Currently zoned for commercial use.

Directions

From Olathe - take US 169 south to Paola exit at Baptiste Dr and turn right. Make a left at Hedge Lane then a right at Peoria St. Continue west on Peoria to the square and the building is on the right. There is no real estate sign per seller's request.

Property details

Coordinates
38.573, -94.8783
Zoning
COM
Elevation
912 feet
MLS Number
HMLS 2497339
Date Posted

Legal description

Parcels

  • 135-16-0-20-32-006.00-0

This 0.07-acre property is located at 16 W Peoria St in Paola, KS 66071 with latitude 38.573 and longitude -94.8783. The property is currently available for sale for $390,000 with a price per acre of $5,820,896. Listing data is sourced from Heartland Multiple Listing Service # 2497339.

Verify sale details at the property source or contact Crown Realty at (877) 276-9625.

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Copyright (C) 2024 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.

Updated . Checked 2 hours ago. Parcel data by Regrid.

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