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Commercial > Retail
Active
07/02/2024
List Price
$390,000

16 Peoria St
Paola, KS 66071

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  • 16 Peoria St, Paola, KS 66071 is a 4,577 ft² commercial retail property property built in 1880 on a 0.067 acre lot. This commercial retail property is currently on the market for $390,000, and it was last sold in 2008.

    MLS Description

    The listing agent's description. Original Listing

    **Note: Restaurant will remain open until sold** What a deal! Milo's Steakhouse. Nestled in the historic Paola Square, this building, currently operating as Milo's Steakhouse, holds a rich place in Paola's history. It has functioned as a beloved restaurant under various owners over the years. The main level features the restaurant space which can accommodate 75 customers, while the upper level, previously 2 apartments, is now used for storage and requires renovations to restore its functionality. Potential buyers should consult with Paola Planning and Zoning, as well as the Codes Department, to ensure that any new ideas comply with regulations. The basement is accessible from the rear of the building and offers additional storage space. This property is being sold AS-IS and includes the building, fixtures and equipment. See Supplements. Again, the owners plan to keep the restaurant open until it sells. Buyers and their agents are encouraged to verify all measurements and perform thorough due diligence, including necessary inspections. Don’t miss this rare opportunity to own a piece of Paola’s history! Whether you envision continuing Milo’s Steakhouse’s legacy or reimagining the space, this property offers endless potential in a vibrant and historic location. Currently zoned for commercial use.

    Listing Agents

    The listing agent for 16 Peoria St is Joe Fester.

    Current Ownership

    Information about the current owner(s).

    Property History

    16 Peoria St has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).

    Property Events

    Environment

    Environmental factors around 16 Peoria St

    School Information

    Public/private schools serving 16 Peoria St

    Neighborhood

    This property is located in Paola.

    Market Trends

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    Copyright © 2025 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.

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