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Historic Brick Flat-Iron Building
For Sale
$118,000

512 E Monroe Street, Iola, KS 66749

1920s brick flat-iron building with two expansive levels and a new roof, offering flexible space for creative or office use.

Property Size5,478 SF
Price / SF$21.45
Days on Market139

Property Features for 512 E Monroe Street

General Information

Standard status Active
Size 5,478 SF
Zoning comm

Taxes and HOA fees

Annual Taxes $509

Amenities

Parking Lot

Building Details

Building Size 5,478 SF
Year Built 1920
Stories 2
Listing Agency: Crown Realty
Listed By: Jennifer Chester · License #00228497
Source: Evrealestate
Added: Apr 19 Changed: Sep 2 Last Checked: Sep 4 at 3:35AM

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 historic brick flat-iron building was built circa 1920 and features two expansive levels totaling approximately 5,500 square feet. The property includes an iconic brick exterior and has a new roof, supporting a restoration or redevelopment approach.

Located at 512 E Monroe Street in Iola, Kansas, the building is positioned as a local hub with connectivity to US-169 and US-54. The public remarks note proximity to Lehigh Portland State Park, which is set to open its visitor center and campgrounds in May 2026.

The configuration and footprint lend themselves to a variety of creative and professional uses, with space that can be adapted for main-level retail or studio uses and an upper-level layout that may support additional working or flexible space.

Key Highlights

  • Built circa 1920 brick “flat iron” building with an iconic exterior in Iola
  • Approx. 5,500 SF across two levels, offering flexible space for creative or office use
  • New roof installed

Property Analytics

Current Use

Creative space

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Parking Lot & Garage Building Supply Furniture & Home Goods

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

404
Businesses Nearby

Demographics for 66749, KS

7,512
Population
3,532
Households
2.1
Avg Household Size
40
Median Age
25%
College-Educated
94%
High-School Grad
109.1 sq mi
ZIP Area
69
Density / Sq Mi
$56,510
Median Household Income
$31,486
Median Earnings
$715
Median Rent
$101,000
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
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Frequently Asked Questions

What type of property is this?
Creative space - 1920s brick flat-iron building with two expansive levels and a new roof, offering flexible space for creative or office use.
Where is this creative space located?
The property is located at 512 E Monroe Street Iola, KS.
What is the asking price?
The asking price for this property is $118,000.
What are key features of this property?
This property features: Built circa 1920 brick “flat iron” building with an iconic exterior in Iola; Approx. 5,500 SF across two levels, offering flexible space for creative or office use; New roof installed
More about this property
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