Commercial Land for Sale in Paola, Kansas

16 W Peoria St Paola, KS 66071

Images
Map
Street
1 / 32
$390,000
0.07 acres
Active
Est $3,231/mo

Note: Restaurant will remain open until sold

What a deal! Milo's Steakhouse. 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 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. Don't miss this rare opportunity to own a piece of Paola's history! Whether you envision continuing Milo's Steakhouse's legacy or reimagining the space, this property offers endless potential in a vibrant and historic location. 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.

Location

Street Address
16 W Peoria St
Elevation
912 feet
Coordinates
38.573, -94.8783

Property details

Zoning
COM
MLS #
HMLS 2497339
Posted

Parcels

  • 135-16-0-20-32-006.00-0

Legal description

This 0.067-acre property is located at 16 W Peoria St in Paola, KS 66071. 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 MLS # 2497339.

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

Report listing issue

Copyright (C) 2025 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.

Checked 1 hour ago. Updated . Parcel data by Regrid.

Contact listing agent Message rules
By submitting, I agree to the terms of use, privacy policy, and to receive communications.
Contact