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16 W Peoria Street

Paola, KS 66071
  • $275,000
  • STATUS: Active
  • ON SITE: 742 Days
  • ID#: 2497339
Price Reduced
UPDATED: 59 min ago
$275,000
  • 0
    BEDS
  • 0.07
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1880
County:

School Ratings & Info

Description

New month. New deal! EXCEPTIONAL DOWNTOWN INVESTMENT OPPORTUNITY! Historic mixed-use commercial building on the Paola Square offering outstanding value and multiple income possibilities. The main level features approximately 2,760+/- SF of fully equipped restaurant space with commercial kitchen, bar, and dining area, while the 1,840+/- SF second floor offers excellent potential for apartments, office space, short-term rentals, or additional commercial use. A basement provides valuable storage and utility space. Offered at just $275,000 (approximately $60/SF above grade), this property includes the building, restaurant equipment, and fixtures, making it an attractive opportunity for investors, developers, or owner-users seeking a well-located downtown asset with significant upside potential. Zoned commercial and sold AS-IS. Buyer to verify all measurements, inspections, permitted uses, and renovation requirements with the City of Paola. Additional information available in Supplements.

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Heartland MLS logo

The information displayed on this page is confidential, proprietary, and copyrighted information of Heartland Multiple Listing Service, Inc. ("Heartland MLS"). Copyright 2026, Heartland Multiple Listing Service, Inc. Heartland MLS and Ron Henderson & Associates | Keller Williams Northland Partners do not make any warranty or representation concerning the timeliness or accuracy of the information displayed herein. In consideration for the receipt of the information on this page, the recipient agrees to use the information solely for the private non-commercial purpose of identifying a property in which the recipient has a good faith interest in acquiring. The data relating to real estate displayed on this website comes in part from the Heartland Multiple Listing Service database compilation. Data last updated: 2026-07-14T23:45:28.99.

Based on information submitted to the MLS GRID as of 2026-07-14T23:45:28.99 All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.kansascityagent.com/homes/152247484
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16 W Peoria Street Paola, KS 66071

  • Price: $275,000
  • Status: Active
  • On Site: 742 Days
  • Updated: 59 min ago
  • ID#: 2497339
0
Beds
0
Baths
0
½ Baths
0.07
Acres
1880
Built
Neighborhood:
380 - Miami County, Ks
County:
Miami
Area:
380 - Miami County, Ks
Property Description
New month. New deal! EXCEPTIONAL DOWNTOWN INVESTMENT OPPORTUNITY! Historic mixed-use commercial building on the Paola Square offering outstanding value and multiple income possibilities. The main level features approximately 2,760+/- SF of fully equipped restaurant space with commercial kitchen, bar, and dining area, while the 1,840+/- SF second floor offers excellent potential for apartments, office space, short-term rentals, or additional commercial use. A basement provides valuable storage and utility space. Offered at just $275,000 (approximately $60/SF above grade), this property includes the building, restaurant equipment, and fixtures, making it an attractive opportunity for investors, developers, or owner-users seeking a well-located downtown asset with significant upside potential. Zoned commercial and sold AS-IS. Buyer to verify all measurements, inspections, permitted uses, and renovation requirements with the City of Paola. Additional information available in Supplements.
Exterior Features

Exterior Features Building Sign Number Of Docks 0 Number Of Drive In Doors 0 Parking Features On Street Road Frontage Type City Street Road Responsibility Public Maintenance Road Surface Type Paved

Property Features

Age Description 101 Years/More Business Type Restaurant Current Use Restaurant In Flood Plain No Inside City Limits Yes Leased YN No Listing Agreement Exclusive Right To Sell Listing Terms CashConventional Location Features Business District Maintenance Provided YN No Occupancy Description Owner To Vacate Possession Negotiable Property Sub Type Retail Sale Includes Business and REEquipmentInventory Tax Total Amount 5851 Transaction Type Sale Utilities Service - 220vElectricity AvailableSewer AvailableWater Available Zoning COM

Listing information © 2026 Heartland MLS as distributed by MLSGRID.
Listing courtesy of Crown Realty.



Digital Millennium Copyright Act


Heartland MLS logo

The information displayed on this page is confidential, proprietary, and copyrighted information of Heartland Multiple Listing Service, Inc. ("Heartland MLS"). Copyright 2026, Heartland Multiple Listing Service, Inc. Heartland MLS and Ron Henderson & Associates | Keller Williams Northland Partners do not make any warranty or representation concerning the timeliness or accuracy of the information displayed herein. In consideration for the receipt of the information on this page, the recipient agrees to use the information solely for the private non-commercial purpose of identifying a property in which the recipient has a good faith interest in acquiring. The data relating to real estate displayed on this website comes in part from the Heartland Multiple Listing Service database compilation. Data last updated: 2026-07-14T23:45:28.99.

Based on information submitted to the MLS GRID as of 2026-07-14T23:45:28.99 All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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