16 W Peoria Street, Paola, KS 66071
sale
$275,000
|
Retail
Courtesy Of Crown Realty of Kansas Inc
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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Property Features
- Age: Over 50 Years Old
- Floors: 2
- Legal Description: PAOLA RE-SURVEY , BLOCK 33 , LOT 8 , E23 W35.5 LT8 BLK33 SECTION 16 TOWNSHIP 17 RANGE 23
- MLSID: 2497339
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