# 512 E Monroe Street, Iola, KS 66749 > **TL;DR:** commercial, $118,000, built 1920. Est. $631/mo. Listed 151 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $118,000 | | Year Built | 1920 | | Lot Size | 22,865 sqft (0.52 acres) | | Stories | 2 | | Property Type | Commercial (Other) | | Status | Active | | Days on Market | 151 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $597 | | Estimated Insurance | $34 | | **Total** | **$631** | ## Property Highlights - Built in 1920 - 0.52 acre lot - 2 stories ## Description ### Agent Description *Rare Historical Gem: The Iola "Flat Iron" Opportunity* Own a piece of Southeast Kansas history with this striking 1920s brick "flat iron" building in the heart of Iola. Spanning approximately 5,500 square feet across two expansive levels, this structure offers the perfect canvas for an investor or creative visionary. *Prime Location & Connectivity* Iola is perfectly positioned as a regional hub, centrally located approximately 100 miles between Kansas City, Wichita, and Tulsa. This strategic "middle of everywhere" location makes it an ideal spot for a destination business or a unique residential retreat that stays connected to major metropolitan centers via US-169 and US-54. *A Community on the Rise* The timing for this investment couldn't be better. Iola is experiencing a surge of new energy and development, most notably the brand-new **Lehigh Portland State Park**. Set to open its visitor center and campgrounds in **May 2026**, this flagship state park features over 14 miles of trails and a stunning quarry lake, drawing outdoor enthusiasts from across the region. With additional projects like a new maker space, a boutique hotel in the works, and a growing downtown scene, Iola is the place to be. *Endless Possibilities* The architectural character of this classic build is undeniable. The "flat iron" footprint provides a unique aesthetic that stands out in any portfolio: *Main Level:* Ideal for a vibrant art gallery, boutique retail, or a modern professional studio. *Upper Level:* Perfect for a *luxury industrial loft conversion* with high ceilings and expansive square footage. **Key Features:** * Built circa 1920 * ~5,500 Total SQFT with New Roof * Iconic Brick Exterior * Proximity to Lehigh Portland State Park * Unbeatable Central Kansas Location *Don't miss the chance to restore and redefine one of Iola's most unique structures during this exciting period of growth.* Schedule a showing today to explore the potential of this historical treasure! ## Location - **Address:** 512 E Monroe Street, Iola, KS 66749 - **County:** Allen - **Coordinates:** 37.924669, -95.397359 - **Google Maps:** https://www.google.com/maps?q=37.924669,-95.397359 ## Listing Agent - **Name:** Jennifer Chester - **Brokerage:** Crown Realty of Kansas Inc - **Phone:** 6202281413 - **Broker Phone:** (877) 276-9625 - **Listing URL:** [View original listing](https://listings.listhub.net/pages/HMLSKS/2614311/?channel=propsimple) ## Photos ![512 E Monroe Street - Photo 1](http://lh.rdcpix.com/1525628568e424928fb33ca4f961b5b0l-f22155705r.jpg) ![512 E Monroe Street - Photo 2](http://lh.rdcpix.com/1525628568e424928fb33ca4f961b5b0l-f245646423r.jpg) ![512 E Monroe Street - Photo 3](http://lh.rdcpix.com/1525628568e424928fb33ca4f961b5b0l-f927060073r.jpg) ![512 E Monroe Street - Photo 4](http://lh.rdcpix.com/1525628568e424928fb33ca4f961b5b0l-f3753703879r.jpg) ![512 E Monroe Street - Photo 5](http://lh.rdcpix.com/1525628568e424928fb33ca4f961b5b0l-f238423684r.jpg) ![512 E Monroe Street - Photo 6](http://lh.rdcpix.com/1525628568e424928fb33ca4f961b5b0l-f600756091r.jpg) ![512 E Monroe Street - Photo 7](http://lh.rdcpix.com/1525628568e424928fb33ca4f961b5b0l-f6819476r.jpg) ![512 E Monroe Street - Photo 8](http://lh.rdcpix.com/1525628568e424928fb33ca4f961b5b0l-f4266784829r.jpg) ![512 E Monroe Street - Photo 9](http://lh.rdcpix.com/1525628568e424928fb33ca4f961b5b0l-f3319805567r.jpg) ![512 E Monroe Street - Photo 10](http://lh.rdcpix.com/1525628568e424928fb33ca4f961b5b0l-f3426432355r.jpg) ![512 E Monroe Street - Photo 11](http://lh.rdcpix.com/1525628568e424928fb33ca4f961b5b0l-f3455498360r.jpg) ![512 E Monroe Street - Photo 12](http://lh.rdcpix.com/1525628568e424928fb33ca4f961b5b0l-f3375929440r.jpg) ![512 E Monroe Street - Photo 13](http://lh.rdcpix.com/1525628568e424928fb33ca4f961b5b0l-f1572134502r.jpg) ![512 E Monroe Street - Photo 14](http://lh.rdcpix.com/1525628568e424928fb33ca4f961b5b0l-f3183182486r.jpg) ![512 E Monroe Street - Photo 15](http://lh.rdcpix.com/1525628568e424928fb33ca4f961b5b0l-f269391907r.jpg) ![512 E Monroe Street - Photo 16](http://lh.rdcpix.com/1525628568e424928fb33ca4f961b5b0l-f682234857r.jpg) ![512 E Monroe Street - Photo 17](http://lh.rdcpix.com/1525628568e424928fb33ca4f961b5b0l-f2343503965r.jpg) ![512 E Monroe Street - Photo 18](http://lh.rdcpix.com/1525628568e424928fb33ca4f961b5b0l-f778799340r.jpg) ![512 E Monroe Street - Photo 19](http://lh.rdcpix.com/1525628568e424928fb33ca4f961b5b0l-f3360887662r.jpg) ![512 E Monroe Street - Photo 20](http://lh.rdcpix.com/1525628568e424928fb33ca4f961b5b0l-f2727090241r.jpg) ![512 E Monroe Street - Photo 21](http://lh.rdcpix.com/1525628568e424928fb33ca4f961b5b0l-f3834484451r.jpg) ![512 E Monroe Street - Photo 22](http://lh.rdcpix.com/1525628568e424928fb33ca4f961b5b0l-f1502454697r.jpg) ![512 E Monroe Street - Photo 23](http://lh.rdcpix.com/1525628568e424928fb33ca4f961b5b0l-f1968836281r.jpg) ![512 E Monroe Street - Photo 24](http://lh.rdcpix.com/1525628568e424928fb33ca4f961b5b0l-f2880276105r.jpg) ![512 E Monroe Street - Photo 25](http://lh.rdcpix.com/1525628568e424928fb33ca4f961b5b0l-f4190797671r.jpg) ![512 E Monroe Street - Photo 26](http://lh.rdcpix.com/1525628568e424928fb33ca4f961b5b0l-f2830167129r.jpg) ![512 E Monroe Street - Photo 27](http://lh.rdcpix.com/1525628568e424928fb33ca4f961b5b0l-f3214989583r.jpg) ![512 E Monroe Street - Photo 28](http://lh.rdcpix.com/1525628568e424928fb33ca4f961b5b0l-f4038078334r.jpg) ![512 E Monroe Street - Photo 29](http://lh.rdcpix.com/1525628568e424928fb33ca4f961b5b0l-f2563504924r.jpg) ![512 E Monroe Street - Photo 30](http://lh.rdcpix.com/1525628568e424928fb33ca4f961b5b0l-f3250082546r.jpg) ![512 E Monroe Street - Photo 31](http://lh.rdcpix.com/1525628568e424928fb33ca4f961b5b0l-f3475557281r.jpg) ![512 E Monroe Street - Photo 32](http://lh.rdcpix.com/1525628568e424928fb33ca4f961b5b0l-f1317263669r.jpg) ![512 E Monroe Street - Photo 33](http://lh.rdcpix.com/1525628568e424928fb33ca4f961b5b0l-f2024349279r.jpg) ![512 E Monroe Street - Photo 34](http://lh.rdcpix.com/1525628568e424928fb33ca4f961b5b0l-f248583535r.jpg) ![512 E Monroe Street - Photo 35](http://lh.rdcpix.com/1525628568e424928fb33ca4f961b5b0l-f880869469r.jpg) ![512 E Monroe Street - Photo 36](http://lh.rdcpix.com/1525628568e424928fb33ca4f961b5b0l-f4024696669r.jpg) ![512 E Monroe Street - Photo 37](http://lh.rdcpix.com/1525628568e424928fb33ca4f961b5b0l-f3345658490r.jpg) ![512 E Monroe Street - Photo 38](http://lh.rdcpix.com/1525628568e424928fb33ca4f961b5b0l-f3250082546r.jpg) ![512 E Monroe Street - Photo 39](http://lh.rdcpix.com/1525628568e424928fb33ca4f961b5b0l-f778799340r.jpg) ![512 E Monroe Street - Photo 40](http://lh.rdcpix.com/1525628568e424928fb33ca4f961b5b0l-f3974214855r.jpg) ![512 E Monroe Street - Photo 41](http://lh.rdcpix.com/1525628568e424928fb33ca4f961b5b0l-f1375486834r.jpg) ![512 E Monroe Street - Photo 42](http://lh.rdcpix.com/1525628568e424928fb33ca4f961b5b0l-f2827857966r.jpg) ![512 E Monroe Street - Photo 43](http://lh.rdcpix.com/1525628568e424928fb33ca4f961b5b0l-f2292518220r.jpg) ![512 E Monroe Street - Photo 44](http://lh.rdcpix.com/1525628568e424928fb33ca4f961b5b0l-f1557352786r.jpg) ![512 E Monroe Street - Photo 45](http://lh.rdcpix.com/1525628568e424928fb33ca4f961b5b0l-f4263905678r.jpg) ![512 E Monroe Street - Photo 46](http://lh.rdcpix.com/1525628568e424928fb33ca4f961b5b0l-f3268671440r.jpg) ![512 E Monroe Street - Photo 47](http://lh.rdcpix.com/1525628568e424928fb33ca4f961b5b0l-f1066547079r.jpg) ![512 E Monroe Street - Photo 48](http://lh.rdcpix.com/1525628568e424928fb33ca4f961b5b0l-f1240955749r.jpg) ![512 E Monroe Street - Photo 49](http://lh.rdcpix.com/1525628568e424928fb33ca4f961b5b0l-f3960969910r.jpg) ![512 E Monroe Street - Photo 50](http://lh.rdcpix.com/1525628568e424928fb33ca4f961b5b0l-f340389704r.jpg) ![512 E Monroe Street - Photo 51](http://lh.rdcpix.com/1525628568e424928fb33ca4f961b5b0l-f889862929r.jpg) ![512 E Monroe Street - Photo 52](http://lh.rdcpix.com/1525628568e424928fb33ca4f961b5b0l-f2003128973r.jpg) ![512 E Monroe Street - Photo 53](http://lh.rdcpix.com/1525628568e424928fb33ca4f961b5b0l-f1434969467r.jpg) ![512 E Monroe Street - Photo 54](http://lh.rdcpix.com/1525628568e424928fb33ca4f961b5b0l-f1420756332r.jpg) ![512 E Monroe Street - Photo 55](http://lh.rdcpix.com/1525628568e424928fb33ca4f961b5b0l-f3251638292r.jpg) ![512 E Monroe Street - Photo 56](http://lh.rdcpix.com/1525628568e424928fb33ca4f961b5b0l-f283404834r.jpg) ![512 E Monroe Street - Photo 57](http://lh.rdcpix.com/1525628568e424928fb33ca4f961b5b0l-f535366548r.jpg) ![512 E Monroe Street - Photo 58](http://lh.rdcpix.com/1525628568e424928fb33ca4f961b5b0l-f1201106849r.jpg) ![512 E Monroe Street - Photo 59](http://lh.rdcpix.com/1525628568e424928fb33ca4f961b5b0l-f1020391070r.jpg) ![512 E Monroe Street - Photo 60](http://lh.rdcpix.com/1525628568e424928fb33ca4f961b5b0l-f469696644r.jpg) ![512 E Monroe Street - Photo 61](http://lh.rdcpix.com/1525628568e424928fb33ca4f961b5b0l-f1333681346r.jpg) ![512 E Monroe Street - Photo 62](http://lh.rdcpix.com/1525628568e424928fb33ca4f961b5b0l-f217777761r.jpg) ![512 E Monroe Street - Photo 63](http://lh.rdcpix.com/1525628568e424928fb33ca4f961b5b0l-f745453264r.jpg) ![512 E Monroe Street - Photo 64](http://lh.rdcpix.com/1525628568e424928fb33ca4f961b5b0l-f3879978542r.jpg) ![512 E Monroe Street - Photo 65](http://lh.rdcpix.com/1525628568e424928fb33ca4f961b5b0l-f835097254r.jpg) --- **MLS#:** 2614311 | **Updated:** 2026-08-28 **Source:** listhub *Copyright © 2026 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.* [View on PropertySimple](https://www.propertysimple.ai/listing/512-e-monroe-street-iola-ks-66749-2614311) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/512-e-monroe-street-iola-ks-66749-2614311#listing", "url": "https://www.propertysimple.ai/listing/512-e-monroe-street-iola-ks-66749-2614311", "name": "512 E Monroe Street, Iola, KS 66749", "description": "*Rare Historical Gem: The Iola \"Flat Iron\" Opportunity* Own a piece of Southeast Kansas history with this striking 1920s brick \"flat iron\" building in the heart of Iola. Spanning approximately 5,500 square feet across two expansive levels, this structure offers the perfect canvas for an investor or creative visionary. *Prime Location & Connectivity* Iola is perfectly positioned as a regional hub, centrally located approximately 100 miles between Kansas City, Wichita, and Tulsa. This strategic \"middle of everywhere\" location makes it an ideal spot for a destination business or a unique residential retreat that stays connected to major metropolitan centers via US-169 and US-54. *A Community on the Rise* The timing for this investment couldn't be better. Iola is experiencing a surge of new energy and development, most notably the brand-new **Lehigh Portland State Park**. Set to open its visitor center and campgrounds in **May 2026**, this flagship state park features over 14 miles of trails and a stunning quarry lake, drawing outdoor enthusiasts from across the region. 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