Two-Story Restaurant
For Sale
$249,950
16 W Peoria Street, Paola, KS 66071
Commercial Sale, Paola, KS
Property Size4,600 SF
Lot Size0.07 Acres
Price / SF$54.34
Days on Market836
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Property Features for 16 W Peoria Street
General Information
Property type
Commercial Sale
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
(913) 557-4333
Listed By:
Joe Fester · License #SP00237023
(913) 259-8642
Added: Jul 2, 2024
Changed: Oct 8
Last Checked: Oct 15 at 1:06PM
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.
Built in 1880, this two-story commercial property contains approximately 4,600 square feet above grade. The main floor has approximately 2,760 square feet arranged for restaurant use, including a commercial kitchen, bar, and dining area. Specified restaurant equipment and fixtures are included; the existing restaurant business is not part of the sale. A basement provides storage and utility space.
The upper level has approximately 1,840 square feet and was previously arranged as residential apartments. Any future renovation or use is subject to necessary improvements and city approvals. The property is zoned COM and has on-street parking and water availability. It is located at 16 W Peoria Street in downtown Paola, on the north side of the Paola Square.
The upper level has approximately 1,840 square feet and was previously arranged as residential apartments. Any future renovation or use is subject to necessary improvements and city approvals. The property is zoned COM and has on-street parking and water availability. It is located at 16 W Peoria Street in downtown Paola, on the north side of the Paola Square.
Key Highlights
- Approximately 4,600 square feet above grade in a two‑story building
- Main level offers approximately 2,760 square feet with kitchen, bar, and dining area
- Specified restaurant equipment and fixtures included; operating restaurant business excluded
Property Analytics
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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
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Market
Vacancy Rate% for Retail in Midwest region
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 - Commercial kitchen, bar, dining area, and restaurant fixtures are included in the sale; the operating business is excluded.
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 $249,950.
What are key features of this property?
This property features: Approximately 4,600 square feet above grade in a two‑story building; Main level offers approximately 2,760 square feet with kitchen, bar, and dining area; Specified restaurant equipment and fixtures included; operating restaurant business excluded
