32
See all 32 photos
Listed by Joe Fester • Crown Realty
$290,000
Est. payment /mo
2,933 Sqft Lot
Active
16 W Peoria ST Paola, KS 66071
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2497339
Year Built 1880
Annual Tax Amount $5,851
Lot Size 2,933 Sqft
Acres 0.06733242
Property Sub-Type Retail
Source hmls
Property Description
ALMOST 11% PRICE REDUCTION — INCREDIBLE VALUE! Rare opportunity to own both a successful restaurant and the real estate on the historic Paola Square. The iconic Milo's Steakhouse is a fully operational restaurant located in a prominent, character-filled downtown building with excellent visibility and traffic exposure. The main level features a bar and dining area with seating for approximately 75 guests. The upper level, previously configured as two apartments and currently used for storage, offers excellent potential for renovation, expansion, event space, or additional income. A rear-access basement provides additional storage. Sale includes the building, kitchen equipment, and fixtures for a smooth transition to new ownership. Zoned commercial and sold AS-IS. Buyer to verify all measurements, inspections, permitted uses, and renovation requirements with the City of Paola. Restaurant will remain open until the building sells. Additional information available in Supplements.
Location
State KS
County Miami
Zoning COM
Interior
Fireplace N
Exterior
Exterior Feature Building Sign
Utilities Available Service - 220v, Electricity Available, Sewer Available, Water Available
Building
Story 2
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
NEARBY SCHOOL & BUSINESS
GET MORE INFORMATION