Restaurant and Apartment on Large
For Sale
$398,000
120 W Peoria Street, Paola, KS 66071
All brick restaurant with apartment and parking near town square.
Property Size8,000 SF
Lot Size0.56 Acres
Price / SF$49.75
Days on Market151
Property Features for 120 W Peoria Street
General Information
Standard status
Active
Size
8,000 SF
Total Parking Spaces
34
Lot size
0.56 Acres
Property subtype
Commercial
Zoning
COM
Taxes and HOA fees
Annual Taxes
$10,401
Building Details
Year Built
1925
Stories
2
Listing Agency:
Crown Realty
(913) 837-5155
Listed By:
Hannes Poetter · License #SP00042621
(913) 837-5155
Source:
Heartland-realty
Added: Mar 26
Changed: Aug 23
Last Checked: Aug 3 at 7:25AM
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 property features all brick buildings situated on a 0.56-acre lot. The combined footprint of the buildings is approximately 8,000 square feet, which includes an upstairs apartment with over two bedrooms and one and a half 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 the property is adjacent to a large city parking lot for overflow parking demand. The property is adjacent to the historic Paola Town Square, which hosts numerous retail and service businesses, as well as Paola City Hall and the Miami County Courthouse. For potential use change, one could open up 2 overhead doors that were closed in during the conversion from industrial use to retail. Potential owner financing is available.
Key Highlights
- All brick buildings boast an approximately 8,000 SF footprint with a 1,600 SF upstairs apartment on a 0.56‑acre lot.
- Benefit from a private parking lot with 34 spaces, plus adjacent city parking for overflow.
- Currently a full‑service restaurant with negotiable furnishings and equipment.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
463
Businesses Nearby
9k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 82%
Dining 18%
Casey's General Store
Shops & Services
4,398 visits/mo
0.3 miles
Valero Energy
Shops & Services
2,561 visits/mo
0.5 miles
Simple Simon's Pizza
Dining
1,559 visits/mo
0.1 miles
Demographics for 66071, KS
12,416
Population
5,415
Households
2.3
Avg Household Size
45
Median Age
30%
College-Educated
94%
High-School Grad
229.3 sq mi
ZIP Area
54
Density / Sq Mi
$82,042
Median Household Income
$48,676
Median Earnings
$1,068
Median Rent
$261,400
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Similar Off Market Nearby
- Chen's Buffet — 901 N Pearl St, Paola, KS 66071
Frequently Asked Questions
What type of property is this?
Conventional restaurant - All brick restaurant with apartment and parking near town square.
Where is this conventional restaurant located?
The property is located at 120 W Peoria Street 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: All brick buildings boast an approximately 8,000 SF footprint with a 1,600 SF upstairs apartment on a 0.56‑acre lot.; Benefit from a private parking lot with 34 spaces, plus adjacent city parking for overflow.; Currently a full‑service restaurant with negotiable furnishings and equipment.
