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    Paola Square Restaurant and Building Title is generated by Realmo AI

    16 W Peoria Street, Paola, KS 66071

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    For Sale
    $290,000

    Restaurant and real estate for sale in downtown Paola.

    Type:Commercial/Industrial
    Property size:
    4,577 SF
    Lot size:
    0.07 Acres
    Price / SF:
    $63/SF
    Added:
    Jul 2, 2024
    Days on Market:
    737
    Last Refresh:
    Apr 6 at 12:49 am

    Property Features for 16 W Peoria Street

    General Information

    Standard status
    Active
    Size
    4,577 SF
    Lot size
    0.07 Acres
    Property subtype
    Commercial/Industrial

    Building Details

    Year Built
    1880

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    Joe Fester
    Joe Fester

    Listing office Crown Realty

    Listing date Jul 2, 2024

    Source Exitrealty

    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

    HighLights

    • Own both the established Milo's Steakhouse business and the real estate.
    • Fully operational restaurant with seating for 75 guests.
    • Prime location on the Paola Square.
    • Includes all kitchen equipment and fixtures for a seamless transition.
    • Upper level offers renovation or expansion potential (formerly apartments).
    • Historic, character‑rich building built in 1880.

    Overview

    Located on the Paola Square, this property features a fully operational restaurant, Milo’s Steakhouse, housed in a character-rich building. The sale includes both the business and the real estate. The main level includes a bar and dining area with seating for approximately 75 guests. The upper level, previously configured as two apartments, is currently used for storage and offers renovation or expansion potential. A rear-accessible basement provides additional storage space. The sale includes the building, all kitchen equipment, and fixtures, allowing for a transition of ownership. The property is zoned commercial and is being sold AS-IS. The building size is 4577 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Midwest Gun & Supply Gun Shop Milo's Steakhouse Restaurant Paola GPS General Contractor

    Suggested Use

    Dental Office HVAC Service (Bike/Boat/Book/etc) Store Bakery (Bike/Boat/Book/etc) Store Skin Care Clinic Barber Shop (Bike/Boat/Book/etc) Store Computer & Electronic Repair Auto Parts Store

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

    Similar Places Nearby

    • Chen's Buffet — 901 N Pearl St, Paola, KS 66071

    Location Insight

    • Map
    • Local Demand
    City
    Paola
    County
    Miami
    State
    Kansas
    Longitude
    -94.8783
    Latitude
    38.573

    FAQs

    What type of property is this?
    Conventional restaurant - Restaurant and real estate for sale in downtown Paola.
    Where is this conventional restaurant located?
    The property is located at 16 W Peoria Street Paola, KS.
    What is the asking price?
    The asking price for this property is $290,000.
    What are key features of this property?
    This property features: Own both the established Milo's Steakhouse business and the real estate.; Fully operational restaurant with seating for 75 guests.; Prime location on the Paola Square.
    More about this property
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