Built-Out Tavern
For Sale
$135,000
118 E Jackson Street, Iola, KS 66749
Commercial Sale, Iola, KS
Property SizeContact for details
Lot Size0.23 Acres
Days on Market151
Property Features for 118 E Jackson Street
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning
Comm
Parking
10
Parking features
Parking Lot, On Street, Assigned
Interior features
Public Restroom, Refrigerator Facility
Exterior features
Building Sign, Delivery Door(s)
Directions
US Highway 169 to Iola Exit 54 Highway Go West on 54 to the Iola Square Go North on Jefferson to Jackson St Go East on Jackson until you have reached 118 E Jsckson
Subdivision
490 - Allen County, KS
Standard status
Active
APN
077-26-0-30-46-010.00-0
Lot size
0.23 Acres
Taxes and HOA fees
Tax Description
IOLA CITY, S26, T24, R18, LT 2 EX N 50' OF E 15.7' THRF & BEG 28' W SE COR LT 1, N 45' E 28', N 25', W 51', S 70', E 23' TO POB ALL IN BLK 51
Tax Annual Amount
1960
Legal Description
IOLA CITY, S26, T24, R18, LT 2 EX N 50' OF E 15.7' THRF & BEG 28' W SE COR LT 1, N 45' E 28', N 25', W 51', S 70', E 23' TO POB ALL IN BLK 51
Utilities
Utilities
Water Available
Building Details
Year built
1907
Floors in Building
1
Listing Agency:
Crown Realty
(620) 266-4181
Listed By:
Jennifer Chester · License #002287496
(620) 228-1413
Added: Apr 4
Changed: Aug 28
Last Checked: Sep 1 at 6:06PM
MLS# 2612317
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This 1907 commercial building is configured for tavern use, with an open interior layout, commercial-grade facilities, a public restroom, and a refrigerator facility. Exterior improvements include building signage and delivery doors. The sale includes the real estate only; business entities, trade names, and liquor licenses are excluded. The property is offered as-is, with an existing tenant who desires to remain.
Located at 118 E Jackson Street, the building sits a half-block from Iola’s historic downtown square and includes assigned parking, on-street parking, and a parking lot. The 0.233-acre property is zoned Comm and has water available. Lehigh Portland State Park is described as being minutes away, with a planned 14 miles of trails and a 90-acre lake.
Located at 118 E Jackson Street, the building sits a half-block from Iola’s historic downtown square and includes assigned parking, on-street parking, and a parking lot. The 0.233-acre property is zoned Comm and has water available. Lehigh Portland State Park is described as being minutes away, with a planned 14 miles of trails and a 90-acre lake.
Key Highlights
- 1907‑built tavern property with an open floor plan and commercial‑grade facilities
- Existing tenant in place who desires to remain
- 0.233‑acre property at 118 E Jackson Street, a half‑block from Iola’s historic downtown square
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 66749, KS
7,512
Population
3,532
Households
2.1
Avg Household Size
40
Median Age
25%
College-Educated
94%
High-School Grad
109.1 sq mi
ZIP Area
69
Density / Sq Mi
$56,510
Median Household Income
$31,486
Median Earnings
$715
Median Rent
$101,000
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Bar & Pub - Open-plan commercial space with a tenant in place, public restroom, refrigeration facilities, and multiple parking options.
Where is this bar & pub located?
The property is located at 118 E Jackson Street Iola, KS.
What is the asking price?
The asking price for this property is $135,000.
What are key features of this property?
This property features: 1907‑built tavern property with an open floor plan and commercial‑grade facilities; Existing tenant in place who desires to remain; 0.233‑acre property at 118 E Jackson Street, a half‑block from Iola’s historic downtown square
