16 W Peoria Street, Paola, KS 66071

*** OWN A PIECE OF HISTORIC DOWNTOWN PAOLA - 4,600 SF+/- OF POSSIBILITIES! *** Located on the north side of the historic Paola Square, this two-story commercial building is home to Milo's Steakhouse, a long established, currently operating restaurant, and offers exciting opportunities for restaurant operators, investors, and entrepreneurs. The approximately 2,760 SF main level features a fully equipped restaurant space with commercial kitchen, bar, dining area, and restaurant equipment and fixtures included in the sale. Upstairs, approximately 1,840 SF of space previously configured as residential apartments offers excellent potential for renovation into rental units, professional offices, or other income-producing uses, subject to necessary improvements and city approvals. The basement provides additional storage and utility space. Whether your vision is to establish your own restaurant or lease the main level or redevelop the upper floor, this historic downtown property offers multiple possibilities under one roof. $$ NOW OFFERED AT ONLY $249,950 - APPROX $54 PER SQUARE FOOT ABOVE GRADE INCLUDING RESTAURANT EQUIPMENT AND FIXTURES! $$ Sale includes the land, building, specified restaurant equipment, and fixtures only - the existing restaurant business is NOT included. Zoned Commercial. Sold AS-IS. Buyer to verify square footage, permitted uses, renovation requirements, and property condition. Additional information available in Supplements. Get with your favorite Buyer's agent to schedule a showing, or call or text me, or email me. Share this with your friends. Someone you know is thinking about buying this property right now! ??