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About This Home
This 0-bedroom, 0-bathroom commercial at 16 W Peoria Street in Paola, KS is listed for $325,000. Built in 1880, on a 0.07 acres lot.
Another price reduction?? Get it while it's hot! Restaurant and building for sale on the Paola Square-an increasingly rare opportunity to own both the business and real estate in the heart of downtown. You couldn't replicate a property like this at today's construction costs for this price.
The historic Milo's Steakhouse is a fully operational restaurant located in a prominent, character-rich building with strong visibility. The main level features a bar and dining area with seating for approximately 75 guests. The upper level, previously configured as two apartments, is currently used for storage and offers excellent potential for renovation, expansion, or additional income.
A rear-access basement provides added storage. Sale includes the building, kitchen equipment, and fixtures for a smooth transition. Zoned commercial and sold AS-IS. Buyer to verify all measurements, inspections, permitted uses, and renovation requirements with the City of Paola. Restaurant to remain open until closing. Additional information available in Supplements.
Key Features
- Built in 1880
- 0.07 acre lot
- 2 stories
Property Details
Monthly Cost Estimate
$1,738/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 $325,000. The estimated monthly payment is $1,408 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.
