


16 W Peoria Street, Paola, KS, 66071
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.
Contact Agent
Paola Expert Agent
Additional Listing Details:
159 days on HouseJet
Last Refresh: 06/17/2026 07:00:04 PM UTC
MLS #: 2497339
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Listing Agent
Joe Fester
License # SP00237023
Crown Realty of Kansas Inc
Phone: 877-276-9625