115 Peoria St Paola, KS 66071-1411
This charming two-story office building, located at 115 W Peoria Street in Paola, Kansas, presents a fantastic opportunity for small businesses seeking a prominent location. Built in 1900, this 1600 square foot building sits on an 804 square foot lot and offers a versatile layout ideal for a variety of uses. The property boasts central heating and air conditioning for year-round comfort. Recent upgrades include a new electrical panel and service entry, ensuring modern functionality and reliability. The upper level provides flexible space, perfect for storage, a private office, or additional workspace to suit your business needs. Its prime location just off downtown Park Square in Paola, Kansas (zip code 66071) ensures excellent visibility and potential for high foot traffic. This property's proximity to the heart of Paola offers significant advantages for businesses seeking a central location with easy access to local amenities and a thriving community. The asking price is $57,000. This is a rare opportunity to acquire a well-maintained, centrally located office building in a desirable Kansas town. Don't miss out on the chance to make this property the perfect home for your business.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.