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Tavern-Use Commercial Building

118 E Jackson Street Iola, KS 66749

118 E Jackson Street, Iola, KS, 66749
$160,000
For Sale
$160,000

SINGLE_FAMILY - Iola, KS

Lot Size0.23 Acres
Days on Market106

Property Features for 118 E Jackson Street

General Information

Property type
Residential
Property subtype
Retail
Zoning
Comm
Parking
10
Parking features
Assigned, Parking Lot, On Street
Interior features
Public Restroom, Refrigerator Facility
Exterior features
Building Sign, Delivery Door(s)
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

Utilities

Utilities
Water Available

Building Details

Year built
1907
Floors in Building
1
Listing Agency Crown Realty
102 E Jackson, Paola, KS
Listed by Jennifer Chester · License #00228497
Added: Apr 4 Checked: Jul 18 at 5:06 am
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 for-sale commercial building is currently built out for its existing tavern use, with a spacious open floor plan and commercial-grade facilities. The sale is described as a stabilized asset, and the property is being offered with a current tenant in place who desires to remain. The property is being sold as-is, and buyers are asked not to disturb the tenant.

Located at 118 E Jackson Street in Iola, the building is described as being just a half-block off the historic downtown square. The remarks indicate it is positioned to capture steady traffic from the square, with easier accessibility and parking than the main thoroughfares.

The current configuration may support tenants seeking a hospitality concept, but the open layout is also described as providing flexibility for other commercial uses such as retail, a boutique shop, or professional office use. The property is marketed as a real estate-only sale; no business entities, trade names, or liquor licenses are included. The listing also references proximity to the New Lehigh Portland State Park, including 14 miles of trails and a 90-acre lake, with the park’s grand opening scheduled for this summer.

Key Highlights

  • Year built 1907 commercial building with public restroom and refrigerator facility
  • Current tenant in place; tenant desires to remain, with income‑producing use already set up
  • Hospitality‑ready build‑out with an open floor plan and commercial‑grade facilities for tavern use

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Bars & Pubs

Similar Off Market Nearby

  • Sharky's — 112 S Washington Ave, Iola, KS 66749
  • Pour Choices — 118 E Jackson Ave, Iola, KS 66749

FAQs

What type of property is this?
Bar & Pub - Stabilized commercial property for sale with a current tenant in place and a built-out tavern layout.
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 $160,000.
What are key features of this property?
This property features: Year built 1907 commercial building with public restroom and refrigerator facility; Current tenant in place; tenant desires to remain, with income‑producing use already set up; Hospitality‑ready build‑out with an open floor plan and commercial‑grade facilities for tavern use
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