REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Joe Fester • Crown Realty
$ 390,000
Est. payment /mo
Active
16 W Peoria ST Paola, KS 66071
2,933 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Business Opportunity
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2497339
Originating Board hmls
Year Built 1880
Annual Tax Amount $5,851
Lot Size 2,933 Sqft
Acres 0.06733242
Property Sub-Type Business Opportunity
Property Description
**Note: Restaurant will remain open until sold**
What a deal! Milo's Steakhouse. Nestled in the historic Paola Square, this building, currently operating as Milo's Steakhouse, holds a rich place in Paola's history. It has functioned as a beloved restaurant under various owners over the years. The main level features the restaurant space which can accommodate 75 customers, while the upper level, previously 2 apartments, is now used for storage and requires renovations to restore its functionality. Potential buyers should consult with Paola Planning and Zoning, as well as the Codes Department, to ensure that any new ideas comply with regulations. The basement is accessible from the rear of the building and offers additional storage space. This property is being sold AS-IS and includes the building, fixtures and equipment. See Supplements. Again, the owners plan to keep the restaurant open until it sells. Buyers and their agents are encouraged to verify all measurements and perform thorough due diligence, including necessary inspections. Don't miss this rare opportunity to own a piece of Paola's history! Whether you envision continuing Milo's Steakhouse's legacy or reimagining the space, this property offers endless potential in a vibrant and historic location. Currently zoned for commercial use.
What a deal! Milo's Steakhouse. Nestled in the historic Paola Square, this building, currently operating as Milo's Steakhouse, holds a rich place in Paola's history. It has functioned as a beloved restaurant under various owners over the years. The main level features the restaurant space which can accommodate 75 customers, while the upper level, previously 2 apartments, is now used for storage and requires renovations to restore its functionality. Potential buyers should consult with Paola Planning and Zoning, as well as the Codes Department, to ensure that any new ideas comply with regulations. The basement is accessible from the rear of the building and offers additional storage space. This property is being sold AS-IS and includes the building, fixtures and equipment. See Supplements. Again, the owners plan to keep the restaurant open until it sells. Buyers and their agents are encouraged to verify all measurements and perform thorough due diligence, including necessary inspections. Don't miss this rare opportunity to own a piece of Paola's history! Whether you envision continuing Milo's Steakhouse's legacy or reimagining the space, this property offers endless potential in a vibrant and historic location. Currently zoned for commercial use.
Location
State KS
County Miami
Zoning COM
Interior
Fireplace N
Exterior
Exterior Feature Building Sign
Utilities Available Service - 220v, Electric to Site, Sanitary Sewer, Water/Sewer
Building
Story 2
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
GET MORE INFORMATION
QUICK SEARCH