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Brick Two-Level Mixed-Use Building
New
For Sale
$145,000

512 E Monroe Street, Iola, KS 66749

Distinctive commercial structure with flexible space for retail, gallery, studio, or residential conversion concepts.

Property Size5,500 SF
Price / SF$26.36
Days on Market3

Property Features for 512 E Monroe Street

General Information

Standard status Active
Size 5,500 SF
Property subtype Commercial
Zoning comm

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $509

Building Details

Year Built 1920
Buildings 1
Stories 2
Building Size 5,500 SF
Construction brick
Listing Agency: Crown Realty
Listed By: Jennifer Chester · License #002287496
Source: Coloniallistings
Added: Aug 4 Changed: Aug 5 Last Checked: Aug 5 at 4:33AM

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 mixed-use property is a distinctive brick building constructed in 1920, with approximately 5,500 square feet arranged over two levels. Its angular flat-iron footprint gives the structure a recognizable architectural profile, while the recently installed roof provides a significant capital improvement. The main floor is suited to concepts such as boutique retail, gallery, or professional studio space, and the upper floor offers room for a loft-style residential conversion, subject to applicable approvals.

The property is located at 512 E Monroe Street in Iola, Kansas, with access to US-169 and US-54. Iola is described as a regional hub positioned approximately 100 miles between Kansas City, Wichita, and Tulsa. The building is zoned “comm” and offers a substantial two-story canvas for a commercial or mixed-use redevelopment plan.

Key Highlights

  • Approximately 5,500 square feet across two levels
  • 1920 construction with distinctive flat‑iron footprint
  • Brick exterior and new roof

Property Analytics

Current Use

Retail 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.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

332
Businesses Nearby
24k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 70% Shops & Services 30%
A&W Restaurant Dining
14,945 visits/mo 0.4 miles
Casey's General Store Shops & Services
7,303 visits/mo 0.2 miles
Daylight Donuts Dining
1,767 visits/mo 0.3 miles

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 Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Distinctive commercial structure with flexible space for retail, gallery, studio, or residential conversion concepts.
Where is this mixed-use property located?
The property is located at 512 E Monroe Street Iola, KS.
What is the asking price?
The asking price for this property is $145,000.
What are key features of this property?
This property features: Approximately 5,500 square feet across two levels; 1920 construction with distinctive flat‑iron footprint; Brick exterior and new roof
More about this property
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