Tavern-Configured Commercial
For Sale
$160,000
118 E Jackson Ave, Iola, KS 66749
Stabilized, income-producing commercial property with a current tenant in place and built-out tavern layout.
Property SizeContact for details
Days on Market142
Property Features for 118 E Jackson Ave
General Information
Standard status
Active
Taxes and HOA fees
Annual Taxes
$1,960
Building Details
Tenancy
Single
Listing Agency:
Crown Realty
(620) 228-1413
Listed By:
Jennifer Chester · License #002287496
(620) 228-1413
Source:
Exprealty
Added: Apr 4
Changed: Aug 23
Last Checked: Aug 23 at 7:10AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Crown Realty
Investment Insights
Based on property information with market context.
This stabilized commercial building is configured for its current use as a tavern, with a spacious open floor plan and commercial-grade facilities. The property is described as solidly constructed and is presented as a flexible option for other commercial uses, including retail, a specialty shop concept, or professional office use, subject to applicable requirements. The sale is real estate only, with no business entities, trade names, or liquor licenses included, and the property is sold as-is.
The building is located just a half-block off Iola’s historic downtown square on East Jackson, positioned to capture steady activity from the square. The remarks also note easier accessibility and parking compared with the main thoroughfares. A current tenant is in place and is described as wanting to remain.
For investors and tenants seeking an operationally ready space, the existing tavern build-out and open layout may reduce immediate redevelopment needs. Buyers evaluating alternative uses can consider the property’s described long-term flexibility, while keeping in mind that financial details related to the current lease are available to qualified buyers upon request. Please note that buyers should not disturb the tenant.
The building is located just a half-block off Iola’s historic downtown square on East Jackson, positioned to capture steady activity from the square. The remarks also note easier accessibility and parking compared with the main thoroughfares. A current tenant is in place and is described as wanting to remain.
For investors and tenants seeking an operationally ready space, the existing tavern build-out and open layout may reduce immediate redevelopment needs. Buyers evaluating alternative uses can consider the property’s described long-term flexibility, while keeping in mind that financial details related to the current lease are available to qualified buyers upon request. Please note that buyers should not disturb the tenant.
Key Highlights
- Stabilized income‑producing commercial property with a current tenant in place
- Tavern‑ready, fully built‑out hospitality layout with a spacious open floor plan and commercial‑grade facilities
- Real estate‑only sale; no business entities, trade names, or liquor licenses included
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
432
Businesses Nearby
58k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 56%
Shops & Services 40%
Electronics 2%
Home Improvements & Furnishings 2%
McDonald's
Dining
14,106 visits/mo
0.2 miles
SONIC Drive In
Dining
11,620 visits/mo
0.2 miles
Phillips 66
Shops & Services
7,855 visits/mo
0.4 miles
Dollar Tree
Shops & Services
7,075 visits/mo
0.4 miles
El Charro
Dining
5,044 visits/mo
0.2 miles
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
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Similar Off Market Nearby
- Sharky's — 112 S Washington Ave, Iola, KS 66749
- Pour Choices — 118 E Jackson Ave, Iola, KS 66749
Frequently Asked Questions
What type of property is this?
Bar & Pub - Stabilized, income-producing commercial property with a current tenant in place and built-out tavern layout.
Where is this bar & pub located?
The property is located at 118 E Jackson Ave 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: Stabilized income‑producing commercial property with a current tenant in place; Tavern‑ready, fully built‑out hospitality layout with a spacious open floor plan and commercial‑grade facilities; Real estate‑only sale; no business entities, trade names, or liquor licenses included
