Flat-Iron Retail
For Sale
$145,000
512 E Monroe Street, Iola, KS 66749
Commercial Sale, Iola, KS
Property Size5,500 SF
Lot Size0.52 Acres
Price / SF$26.36
Days on Market128
Property Features for 512 E Monroe Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
comm
Parking features
Parking Lot
Directions
?Exit: Take the exit for US-54 West (also known as Miller Road/East Street) toward Iola. ?Initial Turn: Turn West onto US-54/East Madison Avenue toward the center of town. ?Proceed: Travel West on Madison Avenue for approximately 1.2 miles. ?Turn North: Turn North (Right) onto North Jefferson Avenue. ?Turn East: Turn East (Right) onto East Monroe Street. ?Final Destination: Proceed 3 blocks to 512 East Monroe Street. The property is on the South (Right) side of the road.
Subdivision
490 - Allen County, KS
Standard status
Active
APN
077-26-0-40-29-016.00-0
Lot size
0.52 Acres
Taxes and HOA fees
Tax Description
BOUGHTON'S SUBDIVISION OF IOLA, S26, T24, R18, PT LT 9, BOUGHTON'S SUB, BEG 142' E SW COR, E TO SE COR, NW TO PT N OF BEG, S TO POB & S2 ABAN RR R/W ADJ N SD
Tax Annual Amount
509
Legal Description
BOUGHTON'S SUBDIVISION OF IOLA, S26, T24, R18, PT LT 9, BOUGHTON'S SUB, BEG 142' E SW COR, E TO SE COR, NW TO PT N OF BEG, S TO POB & S2 ABAN RR R/W ADJ N SD
Utilities
Utilities
Water Available
Building Details
Year built
1920
Floors in Building
2
Listing Agency:
Crown Realty
(620) 266-4181
Listed By:
Jennifer Chester · License #002287496
(620) 228-1413
Added: Apr 15
Changed: Aug 19
Last Checked: Aug 20 at 6:06PM
MLS# 2614311
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 distinctive retail property occupies a brick building constructed in 1920, with approximately 5,500 square feet arranged across two levels. Its angled footprint gives the structure a recognizable architectural profile, while the new roof is a significant existing improvement. The property is zoned comm and includes water availability and a parking lot.
Located at 512 E Monroe Street in Iola, the building sits within a community positioned along US-169 and US-54. Lehigh Portland State Park is planned to open its visitor center and campgrounds in May 2026, with more than 14 miles of trails and a quarry lake identified as part of the project. The two-level layout provides separate areas for retail, gallery, studio, or other commercial concepts supported by the existing structure.
Located at 512 E Monroe Street in Iola, the building sits within a community positioned along US-169 and US-54. Lehigh Portland State Park is planned to open its visitor center and campgrounds in May 2026, with more than 14 miles of trails and a quarry lake identified as part of the project. The two-level layout provides separate areas for retail, gallery, studio, or other commercial concepts supported by the existing structure.
Key Highlights
- Approximately 5,500 square feet across two levels
- 1920 brick building with an angled flat‑iron footprint
- New roof
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
404
Businesses Nearby
17k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 60%
Dining 40%
Casey's General Store
Shops & Services
7,303 visits/mo
0.2 miles
El Charro
Dining
5,044 visits/mo
0.5 miles
Emprise Bank
Shops & Services
2,758 visits/mo
0.4 miles
Daylight Donuts
Dining
1,767 visits/mo
0.5 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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - Two-level brick commercial property with a new roof, parking lot, and water available.
Where is this retail 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 $145,000.
What are key features of this property?
This property features: Approximately 5,500 square feet across two levels; 1920 brick building with an angled flat‑iron footprint; New roof
