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    120 W Peoria St Paola, KS 66071

    For Sale
    $398,000

    Retail - Paola, KS

    Type:Retail
    Lot size:
    0.56 Acres
    Days on Market:
    33
    Last Refresh:
    Dec 15 at 1:06 am

    Property Features for 120 W Peoria St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Standard status
    Active
    Zoning
    COM
    APN
    135-16-0-20-33-002.00-0
    Parking
    34
    Parking features
    On Street, Parking Lot
    Interior features
    In-law Floorplan, Private Restroom, Public Restroom, Refrigerator Facility
    Lot size
    0.56 Acres

    Building Details

    Year built
    1925
    Floors in Building
    2
    Architectural style
    Other

    Crown Realty of Kansas Inc (877) 276-9625 [email protected]

    Listing agent Hannes Poetter (913) 837-5155 License #SP00042621

    Listing date Nov 13, 2025

    MLS# 2492872 Listing URL

    Copyright © 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.

    Overview

    Retail Building with Apartment

    This property features all brick buildings situated on a 0.56-acre lot. The combined footprint of the buildings is approximately 8,000 square feet, with an additional upstairs apartment that includes 2+ bedrooms and 1.5 bathrooms, spanning about 1,600 square feet. Currently, the property is outfitted as a full-service restaurant, with most furnishings and equipment negotiable. A private parking lot offers 34 spaces, and it is adjacent to a large city parking lot for overflow parking. The property includes two overhead doors that were closed in during the conversion from industrial use to retail, which could be reopened for potential use changes. It is located adjacent to the Historic Paola Town Square, which hosts various retail and service businesses, as well as Paola City Hall and the Miami County Courthouse. The property is zoned COM and is located in Paola, KS.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Conventional restaurants

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Paola
    County
    Miami
    State
    Kansas
    Longitude
    -94.879631
    Latitude
    38.573207

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    FAQs

    What type of property is this?
    Conventional restaurant - Retail building with apartment near Paola Town Square.
    Where is this conventional restaurant located?
    The property is located at 120 W Peoria St Paola, KS.
    What is the asking price?
    The asking price for this property is $398,000.
    What are key features of this property?
    This property features: - Large 8,000 SF all brick building on 0.56 acre lot with additional 1,600 SF apartment.; - Private parking lot with 34 spaces plus adjacent city parking lot.; - Currently outfitted as a full-service restaurant with negotiable furnishings and equipment.
    (913) 837-5155
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    120 W Peoria St Paola, KS 66071
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    Paola, KS 66071
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    120 W Peoria St Paola, KS 66071
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