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Historic Mixed-Use Building
For Sale
$275,000

16 W Peoria Street, Paola, KS 66071

SINGLE_FAMILY - Paola, KS

Property SizeContact for details
Lot Size0.07 Acres
Days on Market771

Property Features for 16 W Peoria Street

General Information

Property type Residential
Property subtype Retail
Zoning COM
Parking features On Street
Exterior features Building Sign
Directions From Olathe - take US 169 south to Paola exit at Baptiste Dr and turn right. Make a left at Hedge Lane then a right at Peoria St. Continue west on Peoria to the square and the building is on the right. There is no real estate sign per seller's request.
Subdivision 380 - Miami County, KS
Standard status Active
APN 135-16-0-20-32-006.00-0
Lot size 0.07 Acres

Taxes and HOA fees

Tax Description PAOLA RE-SURVEY , BLOCK 33 , LOT 8 , E23 W35.5 LT8 BLK33 SECTION 16 TOWNSHIP 17 RANGE 23
Tax Annual Amount 5851
Legal Description PAOLA RE-SURVEY , BLOCK 33 , LOT 8 , E23 W35.5 LT8 BLK33 SECTION 16 TOWNSHIP 17 RANGE 23

Utilities

Utilities Water Available

Building Details

Year built 1880
Floors in Building 2
Listing Agency: Crown Realty
Listed By: Joe Fester · License #SP00237023
Added: Jul 2, 2024 Changed: Aug 1 Last Checked: Aug 11 at 7:06PM
MLS# 2497339

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This historic mixed-use commercial building includes a main level with approximately 2,760+/- SF of fully equipped restaurant space featuring a commercial kitchen, bar, and dining area. The second floor offers approximately 1,840+/- SF that could be used for apartments, office space, short-term rentals, or additional commercial use. A basement provides additional storage and utility space. Building signage is listed as an exterior feature. The property is zoned COM and is offered sold AS-IS.

The building sits on a 0.0673-acre lot at 16 W Peoria Street in Paola, Kansas, with on-street parking and water available. The property was built in 1880.

Restaurant equipment, fixtures, and the building are included. Buyer to verify all measurements, inspections, permitted uses, and renovation requirements with the City of Paola.

Key Highlights

  • 0.0673‑acre lot at 16 W Peoria Street in Paola, KS
  • Approximately 2,760+/- SF fully equipped restaurant space on the main level
  • Approximately 1,840+/- SF second floor for flexible commercial or residential use

Property Analytics

Current Use

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

Suggested Use

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

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

Location Intelligence

Trade Area within ½ mile

463
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 Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Historic mixed-use building with a fully equipped main-level restaurant space and a second floor for flexible commercial or residential use.
Where is this mixed-use property located?
The property is located at 16 W Peoria Street Paola, KS.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: 0.0673‑acre lot at 16 W Peoria Street in Paola, KS; Approximately 2,760+/- SF fully equipped restaurant space on the main level; Approximately 1,840+/- SF second floor for flexible commercial or residential use
More about this property
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