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16 W Peoria Street
Paola KS 66071 US

$290,000

Active Listing ID 2497339
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Lot: 0.07 Acres
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Retail

$290,000

Active Listing ID 2497339
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16 W Peoria Street 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.

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Property Features

  • Facts
  • Lot Size: 0.07 Acres
  • Property Type: Residential
  • Property Sub-type: Retail
  • Features
  • Exterior Finish: Building Sign

Property

  • propertytype: Residential
  • propertysubtype: Retail
  • listprice: 290000
  • unparsedaddress: 16 W Peoria Street
  • postalcity: Paola
  • stateorprovince: KS
  • country: US
  • postalcode: 66071
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.0673
  • lotsizeunits: Acres
  • lotsizearea: 0.0673
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 38.573017
  • longitude: -94.878301
  • listagentfullname: Joe Fester
  • listagentemail: joefester@crownrealty.com
  • listagentkey: 3yd-HMLSKS-JFESTER
  • listagentmlsid: JFESTER
  • listagentpreferredphone: 9132598642
  • listagentofficephone: 9135574333
  • listofficekey: 3yd-HMLSKS-CRWN02
  • listofficemlsid: CRWN02
  • disclaimer: 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.
  • sourcesystemid: HMLSKS
  • yearbuilt: 1880
  • listingcontractdate: 2024-07-02
  • listagentfax: 9135574346
  • listagenturl: http://www.crownrealty.com
  • countyorparish: Miami
  • parcelnumber: 135-16-0-20-32-006.00-0
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • parkingfeatures: On Street
  • waterfrontyn: False
  • franchiseaffiliation: Independent
  • exteriorfeatures: Building Sign
  • utilities: Water Available
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -94.8783, 38.573017
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Crown Realty of Kansas Inc", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"joefester@crownrealty.com", "ListBrokerageCity":"Paola", "ListBrokerageCountry":"US", "ListBrokerageEmail":"info@crownrealty.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/HMLSKS/c5ababc31f42bdd1011f433f31aa00d5/20090206133509831.jpeg", "ListBrokerageName":"Crown Realty of Kansas Inc", "ListBrokeragePhone":"(877) 276-9625", "ListBrokeragePostalCode":"66071", "ListBrokerageStateOrProvince":"KS", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"102 S Silver", "ListBrokerageWebsiteUrl":"http://www.crownrealty.com", "ListOfficeAddress1":"102 S. Silver ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"CRWN02", "ListOfficeCity":"Paola", "ListOfficeCountry":"US", "ListOfficeEmail":"katie@katiecasey.com", "ListOfficePostalCode":"66071", "ListOfficeStateOrProvince":"KS", "ListPriceCurrencyType":"USD", "ListingTitle":"SINGLE_FAMILY - Paola, KS", "ListingURL":null, "MLSModificationTimestamp":"2026-05-16 16:56:10", "Neighborhoods":[{"Description":null, "Name":"380 - Miami County"}, {"Description":null, "Name":"KS"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":5851, "TaxDescription":"PAOLA RE-SURVEY , BLOCK 33 , LOT 8 , E23 W35.5 LT8 BLK33 SECTION 16 TOWNSHIP 17 RANGE 23", "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 5/16/2026 5:45:58 PM GMT
Source Updated Date: 6/30/2026 12:50:44 AM GMT

Courtesy of: Joe Fester, Crown Realty, joefester@crownrealty.com

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.