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Listed by Joe Fester • Crown Realty
$ 275,000
Est. payment /mo
Active
16 W Peoria ST Paola, KS 66071
2,933 Sqft Lot
UPDATED:
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.
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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