32
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$355,000
Est. payment /mo
2,933 Sqft Lot
Active
16 W Peoria ST Paola, KS 66071
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Mike Grbic
mikegrbicbroker@chime.meUPDATED:
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
Price Reduction to kick off the New Year!
Restaurant & Building for Sale on the Paola Square.
You couldn't buy or build a restaurant building like this today for this price!
A rare opportunity to own both the business and the real estate in the heart of downtown Paola. The historic Milo's Steakhouse is a fully operational restaurant housed in a prominent, character-rich building on the Paola Square. The main level features a bar and dining area with seating for approximately 75 guests. The upper level, formerly configured as two apartments, is currently used for storage and offers renovation or expansion potential. A rear-accessible basement provides additional storage space. The sale includes the building, all kitchen equipment, and fixtures, allowing for a seamless transition of ownership. Zoned commercial and sold AS-IS. Buyer to verify all measurements, conduct inspections, and confirm permitted uses and renovations with Paola Planning & Zoning and the Codes Department. Restaurant to remain open until closing. Additional details available in Supplements.
Restaurant & Building for Sale on the Paola Square.
You couldn't buy or build a restaurant building like this today for this price!
A rare opportunity to own both the business and the real estate in the heart of downtown Paola. The historic Milo's Steakhouse is a fully operational restaurant housed in a prominent, character-rich building on the Paola Square. The main level features a bar and dining area with seating for approximately 75 guests. The upper level, formerly configured as two apartments, is currently used for storage and offers renovation or expansion potential. A rear-accessible basement provides additional storage space. The sale includes the building, all kitchen equipment, and fixtures, allowing for a seamless transition of ownership. Zoned commercial and sold AS-IS. Buyer to verify all measurements, conduct inspections, and confirm permitted uses and renovations with Paola Planning & Zoning and the Codes Department. Restaurant to remain open until closing. Additional details 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
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Mike Grbic