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Commercial Land with Historic Water Tower

315 North Elm Street Iola, KS 66749

315 North Elm Street, Iola, KS, 66749
$35,000
For Sale
$35,000

Flat commercial lot on North Elm Street featuring a historic water tower for destination-style development concepts.

Property Size12,632 SF
Price / SF$2.77
Days on Market78

Property Features for 315 North Elm Street

General Information

Standard status
Active
Size
12,632 SF
Property subtype
Land / Unimproved Land
Listing agency Crown Realty
Listed by Jennifer Chester · License #00228497
Source Compass
Added: May 6 Updated: Jul 10 at 1:52PM Checked: Jul 22 at 7:30AM

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 for-sale commercial land offering includes a historic, standout water tower on a spacious, flat, level site. The property presents a “blank canvas” configuration for buyers looking to plan a destination-oriented project around a recognizable existing landmark structure.

The site is located at 315 North Elm Street in Iola, Kansas. It provides straightforward, highly accessible lot conditions and is positioned on a street that offers convenient access to central traffic corridors, supporting visibility for new concepts.

The presence of the water tower creates an unusual focal point for a range of commercial and guest-experience uses, subject to applicable approvals. Prospective buyers may consider creative reuse and related improvements, including concepts that could incorporate outdoor space such as parking and guest areas. The seller notes that the property’s historic, structural nature may be eligible for specialized development or historic preservation funding; buyers should verify grant requirements and eligibility during due diligence.

Key Highlights

  • Flat commercial lot on North Elm Street with a historic water tower
  • Located on a city street with public maintenance; road surface includes chip & seal, concrete, and paved surfaces
  • Chain‑link fencing on the property

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Real Estate Agency Law Firm Dental Office Building Supply Parking Lot & Garage Restaurant Furniture & Home Goods Plumbing Service Kitchen & Bath Showroom Gym & Fitness Center

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

FAQs

What type of property is this?
Commercial land - Flat commercial lot on North Elm Street featuring a historic water tower for destination-style development concepts.
Where is this commercial land located?
The property is located at 315 North Elm Street Iola, KS.
What is the asking price?
The asking price for this property is $35,000.
What are key features of this property?
This property features: Flat commercial lot on North Elm Street with a historic water tower; Located on a city street with public maintenance; road surface includes chip & seal, concrete, and paved surfaces; Chain‑link fencing on the property
Contact an agent
More about this property
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