16 W Peoria Street Price Reduction to kick off the New Year! Restaurant & Building for Sale on the Paola Square. You couldn’t buy or build a restaurant building like this today for this price! A rare opportunity to own both the business and the real estate in the heart of downtown Paola. The historic Milo’s Steakhouse is a fully operational restaurant housed in a prominent, character-rich building on the Paola Square. The main level features a bar and dining area with seating for approximately 75 guests. The upper level, formerly configured as two apartments, is currently used for storage and offers renovation or expansion potential. A rear-accessible basement provides additional storage space. The sale includes the building, all kitchen equipment, and fixtures, allowing for a seamless transition of ownership. Zoned commercial and sold AS-IS. Buyer to verify all measurements, conduct inspections, and confirm permitted uses and renovations with Paola Planning & Zoning and the Codes Department. Restaurant to remain open until closing. Additional details available in Supplements.