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About This Home
This 0-bedroom, 0-bathroom commercial at 16 W Peoria Street in Paola, KS is listed for $290,000. Built in 1880, on a 0.07 acres lot.
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.
Key Features
- Built in 1880
- 0.07 acre lot
- 2 stories
Property Details
Monthly Cost Estimate
$1,551/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
16 W Peoria Street
Paola, KS 66071
Features & Amenities
Exterior Features
Property Details
Parking
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 16 W Peoria Street is listed at $290,000. The estimated monthly payment is $1,257 based on 20% down at 6.5% interest.
Key features include: Built in 1880, 0.07 acre lot, 2 stories. Exterior Features: Building Sign.
This property is listed by Joe Fester and can be reached at 9132598642 or joefester@crownrealty.com.
