# 307 N Elm Street, Iola, KS 66749 > **TL;DR:** land, $25,000. Est. $133/mo. Listed 155 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $25,000 | | Lot Size | 12,632 sqft (0.29 acres) | | Property Type | Land (Other) | | Status | Active | | Days on Market | 155 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $126 | | Estimated Insurance | $7 | | **Total** | **$133** | ## Property Highlights - 0.29 acre lot ## Description ### Agent Description *Landmark Opportunity: The Ultimate Destination Investment! * Are you ready to own a true piece of local history and create a regional sensation? This is not your average commercial lot; this property features a historic, standout water tower that is primed to become Southeast Kansas's next viral tourist attraction! Located on a spacious lot in a flat, highly accessible location, this property offers the ultimate blank canvas for a visionary investor.*Why This Property is a Game-Changer: * Capitalize on a Tourism Surge: With the exciting development of the Lehigh Portland State Park right here in Iola, outdoor enthusiasts and visitors will be flooding the area. This influx of tourism creates the absolute perfect market for a standout destination lodging or commercial venture. * Airbnb and Unique Lodging Potential: Unique structural stays are taking the travel world by storm. Imagine transforming this historic water tower into a luxury, multi-level sky cabin, an industrial-chic Airbnb, or an observation destination. Travelers flocking to the new state park will be searching for unforgettable lodging experiences, and this property provides the ultimate wow factor. * Grant Funding Eligible: Because of its unique structural nature and historical presence, this property could qualify for specialized development grants, rural tourism incentives, or historic preservation funding to help offset your renovation costs and maximize your return on investment. * Prime Iola Location and Footprint: Situated right on N Elm Street, you are steps away from central traffic corridors, offering fantastic visibility. With plenty of flat, level land, you have ample room for dedicated parking, outdoor guest lounges, or complementary builds. Bring your imagination, your architect, and your business savvy. Historic structures like this rarely hit the open market. Don't just invest in real estate-create a landmark. Schedule your viewing today ## Location - **Address:** 307 N Elm Street, Iola, KS 66749 - **County:** Allen - **Coordinates:** 37.92467294, -95.39642615 - **Google Maps:** https://www.google.com/maps?q=37.92467294,-95.39642615 ## Virtual Tour & Media - **Video Tour:** https://listings.kchomephotography.com/sites/eppvjbvo/unbranded ## Listing Agent - **Name:** Jennifer Chester - **Brokerage:** Crown Realty of Kansas Inc - **Broker Phone:** (877) 276-9625 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/307-N-Elm-St_Iola_KS_66749_M96259-75296?f=listhub&s=HMLSKS&m=2623649&c=propsimple) ## Photos ![307 N Elm Street - Photo 1](http://lh.rdcpix.com/b35a247b970375e00e4e4313f5321393l-f3625428775r.jpg) ![307 N Elm Street - Photo 2](http://lh.rdcpix.com/b35a247b970375e00e4e4313f5321393l-f1530388663r.jpg) ![307 N Elm Street - Photo 3](http://lh.rdcpix.com/b35a247b970375e00e4e4313f5321393l-f4253306278r.jpg) ![307 N Elm Street - Photo 4](http://lh.rdcpix.com/b35a247b970375e00e4e4313f5321393l-f3980854215r.jpg) ![307 N Elm Street - Photo 5](http://lh.rdcpix.com/b35a247b970375e00e4e4313f5321393l-f2652586581r.jpg) ![307 N Elm Street - Photo 6](http://lh.rdcpix.com/b35a247b970375e00e4e4313f5321393l-f157869933r.jpg) ![307 N Elm Street - Photo 7](http://lh.rdcpix.com/b35a247b970375e00e4e4313f5321393l-f2368073951r.jpg) ![307 N Elm Street - Photo 8](http://lh.rdcpix.com/b35a247b970375e00e4e4313f5321393l-f592533158r.jpg) ![307 N Elm Street - Photo 9](http://lh.rdcpix.com/b35a247b970375e00e4e4313f5321393l-f3983903568r.jpg) ![307 N Elm Street - Photo 10](http://lh.rdcpix.com/b35a247b970375e00e4e4313f5321393l-f2726273547r.jpg) ![307 N Elm Street - Photo 11](http://lh.rdcpix.com/b35a247b970375e00e4e4313f5321393l-f3116047511r.jpg) ![307 N Elm Street - Photo 12](http://lh.rdcpix.com/b35a247b970375e00e4e4313f5321393l-f924873614r.jpg) ![307 N Elm Street - Photo 13](http://lh.rdcpix.com/b35a247b970375e00e4e4313f5321393l-f3502314765r.jpg) ![307 N Elm Street - Photo 14](http://lh.rdcpix.com/b35a247b970375e00e4e4313f5321393l-f3116047511r.jpg) ![307 N Elm Street - Photo 15](http://lh.rdcpix.com/b35a247b970375e00e4e4313f5321393l-f1902950372r.jpg) ![307 N Elm Street - Photo 16](http://lh.rdcpix.com/b35a247b970375e00e4e4313f5321393l-f1953903672r.jpg) ![307 N Elm Street - Photo 17](http://lh.rdcpix.com/b35a247b970375e00e4e4313f5321393l-f476489252r.jpg) ![307 N Elm Street - Photo 18](http://lh.rdcpix.com/b35a247b970375e00e4e4313f5321393l-f3209651472r.jpg) ![307 N Elm Street - Photo 19](http://lh.rdcpix.com/b35a247b970375e00e4e4313f5321393l-f3650819173r.jpg) ![307 N Elm Street - Photo 20](http://lh.rdcpix.com/b35a247b970375e00e4e4313f5321393l-f898473675r.jpg) ![307 N Elm Street - Photo 21](http://lh.rdcpix.com/b35a247b970375e00e4e4313f5321393l-f1863915838r.jpg) ![307 N Elm Street - Photo 22](http://lh.rdcpix.com/b35a247b970375e00e4e4313f5321393l-f1193960786r.jpg) ![307 N Elm Street - Photo 23](http://lh.rdcpix.com/b35a247b970375e00e4e4313f5321393l-f3100371805r.jpg) ![307 N Elm Street - Photo 24](http://lh.rdcpix.com/b35a247b970375e00e4e4313f5321393l-f3931403605r.jpg) ![307 N Elm Street - Photo 25](http://lh.rdcpix.com/b35a247b970375e00e4e4313f5321393l-f1453486286r.jpg) --- **MLS#:** 2623649 | **Updated:** 2026-10-20 **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://staging.propertysimple.ai/listing/307-n-elm-street-iola-ks-66749-86348964107e4b84b3bf9627325661e9) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://staging.propertysimple.ai/listing/307-n-elm-street-iola-ks-66749-86348964107e4b84b3bf9627325661e9#listing", "url": "https://staging.propertysimple.ai/listing/307-n-elm-street-iola-ks-66749-86348964107e4b84b3bf9627325661e9", "name": "307 N Elm Street, Iola, KS 66749", "description": "*Landmark Opportunity: The Ultimate Destination Investment! * Are you ready to own a true piece of local history and create a regional sensation? 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Travelers flocking to the new state park will be searching for unforgettable lodging experiences, and this property provides the ultimate wow factor. * Grant Funding Eligible: Because of its unique structural nature and historical presence, this property could qualify for specialized development grants, rural tourism incentives, or historic preservation funding to help offset your renovation costs and maximize your return on investment. * Prime Iola Location and Footprint: Situated right on N Elm Street, you are steps away from central traffic corridors, offering fantastic visibility. With plenty of flat, level land, you have ample room for dedicated parking, outdoor guest lounges, or complementary builds. Bring your imagination, your architect, and your business savvy. Historic structures like this rarely hit the open market. Don't just invest in real estate-create a landmark. 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