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Listed by Joe Fester • Crown Realty
$ 374,900
Est. payment /mo
Active
16 W Peoria ST Paola, KS 66071
2,933 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Business
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 Business
Source hmls
Property Description
PAOLA - Price drop! Milo's Steak House for sale!
**Restaurant will remain in operation until it is sold**
Situated in the heart of the Paola Square, this historic building—currently Milo's Steakhouse—holds a special place in the town's rich history. Over the years, it has served as a beloved dining destination under different owners, and continues to do so today. The main floor offers a cozy restaurant space, seating up to 75 guests, while the upper level—formerly two apartments—is currently used for storage and awaits renovation to restore its original 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.
**Restaurant will remain in operation until it is sold**
Situated in the heart of the Paola Square, this historic building—currently Milo's Steakhouse—holds a special place in the town's rich history. Over the years, it has served as a beloved dining destination under different owners, and continues to do so today. The main floor offers a cozy restaurant space, seating up to 75 guests, while the upper level—formerly two apartments—is currently used for storage and awaits renovation to restore its original 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, Electricity Available, Sewer Available, Water Available
Building
Story 2
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
