Property thumbnailProperty thumbnailProperty thumbnail
Active

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

ALMOST 11% PRICE REDUCTION - INCREDIBLE VALUE! Rare opportunity to own both a successful restaurant and the real estate on the historic Paola Square. The iconic Milo's Steakhouse is a fully operational restaurant located in a prominent, character-filled downtown building with excellent visibility and traffic exposure. The main level features a bar and dining area with seating for approximately 75 guests. The upper level, previously configured as two apartments and currently used for storage, offers excellent potential for renovation, expansion, event space, or additional income. A rear-access basement provides additional storage. Sale includes the building, kitchen equipment, and fixtures for a smooth transition to new ownership. Zoned commercial and sold AS-IS. Buyer to verify all measurements, inspections, permitted uses, and renovation requirements with the City of Paola. Restaurant will remain open until the building sells. Additional information available in Supplements.

Location
Contact Agent

Paola Expert Agent

Msgs from HOUSEJET. Msg/data rates may apply. Msg frequency varies. Text STOP to unsubscribe. Text HELP for help.
Submitting this form signifies you agree to our Terms of Service and Privacy Policy.

Additional Listing Details:

159 days on HouseJet

Last Refresh: 06/17/2026 07:00:04 PM UTC

MLS #: 2497339

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.

Agents: Is This Your Listing?

Listing Agent

Joe Fester

License # SP00237023

Crown Realty of Kansas Inc

Phone: 877-276-9625