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Retail in Paola, KS

16 W Peoria Street, Paola, KS, 66071

Description

Bedroom

0 Rooms

Bathroom

0 Bath

Square Foot

0 Ft

Lot Size

0.07 Acres

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.

Location
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Paola Expert Agent

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Additional Listing Details:

88 days on HouseJet

Last Refresh: 04/07/2026 05:00:03 PM UTC

MLS #: 2497339

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Agents: Is This Your Listing?

Listing Agent

Joe Fester

License # SP00237023

Crown Realty of Kansas Inc

Phone: 877-276-9625