12 Peoria St Paola, KS 66071-1707
- Retail space
- 2,172 SF
Current Use by Public Records
- Miami County Kansas Historical Society & Museum / Museum / Tourist Attraction
Property Details for 12 Peoria St
- Year built
- 1895
- Property size
- 2,172 SF
- Property type
- Retail space
- APN
- 135-16-0-20-31-006.01-0
- APU
- 1351602031006010
Description
This exceptional investment opportunity presents a 3,443 square foot retail building situated on the north side of Paola's town square at 12 W Peoria Street, Paola, Kansas, 66071. Built in 1890, the property offers significant potential for redevelopment. The building requires a full renovation, presenting a blank canvas for a discerning buyer to create a unique retail space or potentially convert it to office use. The prime location within the historic town square ensures high visibility and foot traffic, making it an ideal spot for a variety of businesses. The substantial lot size provides ample space for potential expansion or outdoor amenities. This property is priced affordably at $60,000, representing a compelling value for an investor seeking a project with significant upside potential in a desirable Kansas town. The address is easily accessible and benefits from the established infrastructure and amenities of Paola's downtown area. This is a rare chance to acquire a piece of Paola's history and shape its future. The property's location within the town square offers excellent visibility and accessibility, attracting potential customers and clients. The substantial square footage allows for flexible design and layout options to suit a variety of business needs. This is a unique opportunity to acquire a property with significant potential for growth and return on investment.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Paola
- County
- Miami
- State
- Kansas
- Longitude
- -94.8775
- Latitude
- 38.5727
- CBSA code
- 28140
- CBSA name
- KANSAS CITY, MO-KS METROPOLITAN STATISTICAL AREA
