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
$275,000
Est. payment /mo
2,933 Sqft Lot
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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

New month. New deal! EXCEPTIONAL DOWNTOWN INVESTMENT OPPORTUNITY! Historic mixed-use commercial building on the Paola Square offering outstanding value and multiple income possibilities. The main level features approximately 2,760+/- SF of fully equipped restaurant space with commercial kitchen, bar, and dining area, while the 1,840+/- SF second floor offers excellent potential for apartments, office space, short-term rentals, or additional commercial use. A basement provides valuable storage and utility space. Offered at just $275,000 (approximately $60/SF above grade), this property includes the building, restaurant equipment, and fixtures, making it an attractive opportunity for investors, developers, or owner-users seeking a well-located downtown asset with significant upside potential.
Zoned commercial and sold AS-IS. Buyer to verify all measurements, inspections, permitted uses, and renovation requirements with the City of Paola. Additional information available in Supplements.

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


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Heartland MLS KS / Southeast Kansas AOR

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Chrissy Frazier

Agent License ID: KS SP00237935 & MO 2016044210

+1(816) 518-4181 | chrissy.frazier@kcabode.com

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