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Renovated Historic Senior Apartment Building
For Sale
Contact for pricing
Pending

139 W Peoria Street, Paola, KS 66071

Converted 3-story historic hotel with elevator access and furnished senior loft-style apartments across two upper floors.

Property SizeContact for details
Days on Market142

Property Features for 139 W Peoria Street

General Information

Standard status Pending
Property subtype Retail
Occupancy 100%

Additional Details

Multifamily Units 6

Amenities

elevator
carport parking
courtyard

Building Details

Stories 3
Tenancy Multi
Listing Agency: Crown Realty
Listed By: Katie Casey · License #KS BR00231000
Source: Crexi
Added: Apr 12 Changed: Aug 27 Last Checked: Aug 31 at 1:50PM

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 renovated historic hotel by architect George P. Washburn has been converted into six senior, two-bedroom loft-style apartments. The apartments are located on the two upper floors and are accessible by both elevator and stairs. Unit amenities include a refrigerator, washer/dryer, and electric range, and all units are currently fully rented.

The main floor is occupied by an office, along with a coffee shop café with indoor and outdoor dining and an adjoining boutique shop. Carport parking is available on the rear side of the building for residents, and there is also a courtyard for outdoor enjoyment.

The property is described as located in downtown Paola, Kansas, with several restaurants and community destinations, including the Paola Senior Center and Paola Park Square, within a block of the building.

Key Highlights

  • Converted 3‑story historic hotel designed by George P. Washburn in downtown Paola, KS
  • Converted into 6 senior 2‑bedroom loft‑style apartments across the two upper floors
  • All apartments are accessible by elevator and stairs and are fully rented

Property Analytics

Current Use

Casey's Gas Station Jackson Cafe' & Coffee ... Cafe & Coffee Shop Cafe Latté @ The Jackson Cafe & Coffee Shop

Suggested Use

Top Pick Dental Office HVAC Service (Bike/Boat/Book/etc) Store Barber Shop Carpet & Flooring Store Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

532
Businesses Nearby

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 Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Converted 3-story historic hotel with elevator access and furnished senior loft-style apartments across two upper floors.
Where is this apartment building located?
The property is located at 139 W Peoria Street Paola, KS.
What are key features of this property?
This property features: Converted 3‑story historic hotel designed by George P. Washburn in downtown Paola, KS; Converted into 6 senior 2‑bedroom loft‑style apartments across the two upper floors; All apartments are accessible by elevator and stairs and are fully rented
(913) 742-2173 Call to check price and availability
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