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Property profile & analytics
OFF-MARKET
Retail space

18 Silver St Paola, KS 66071-1469

9,372 SF 0.11 ac lot Built 1946
Entity Owned Absentee Owner Free & Clear
Property ID
US33-1196886
Property summary
AI-generated overview

Discover a remarkable retail opportunity in the heart of Paola, Kansas. This charming, two-story building at 18 S Silver Street boasts 4,773 square feet of space, perfect for a variety of uses. Built in 1946, the property retains its timeless appeal with hardwood floors on the second level and a unique, currently non-operational elevator. Large storefront windows flood the interior with natural light, offering exceptional visibility onto the vibrant Paola Square, complete with trees, a central fountain, and seating areas. The high ceilings add to the spacious feel, creating a versatile environment suitable for a range of businesses. Imagine transforming this space into a bustling retail store, a delightful ice cream parlor, a cozy coffee shop, a convenient daycare center, or even a unique storage facility. The possibilities are truly endless. The property's location on the square ensures high foot traffic and excellent exposure. While the building offers significant charm and character, potential buyers should independently verify all measurements and information provided. This is a rare chance to own a piece of Paola's history and establish a thriving business in a desirable downtown location. The asking price is $299,000.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1946
Total area 9,372 SF
Lot 0.11 ac (4,792 SF)
APN 135-16-0-20-38-012.00-0
UPID US33-1196886
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
SMOOT FAMILY TRUST
SMOOT FAMILY TRUST
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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