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16 W Peoria Street
Paola KS 66071 US

$325,000

Active Listing ID 2497339
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Lot: 0.07 Acres
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Retail

$325,000

Active Listing ID 2497339
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16 W Peoria Street Another price reduction?? Get it while it's hot! Restaurant and building for sale on the Paola Square-an increasingly rare opportunity to own both the business and real estate in the heart of downtown. You couldn't replicate a property like this at today's construction costs for this price. The historic Milo's Steakhouse is a fully operational restaurant located in a prominent, character-rich building with strong visibility. The main level features a bar and dining area with seating for approximately 75 guests. The upper level, previously configured as two apartments, is currently used for storage and offers excellent potential for renovation, expansion, or additional income. A rear-access basement provides added storage. Sale includes the building, kitchen equipment, and fixtures for a smooth transition. Zoned commercial and sold AS-IS. Buyer to verify all measurements, inspections, permitted uses, and renovation requirements with the City of Paola. Restaurant to remain open until closing. 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: 325000
  • 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: True
  • internetconsumercommentyn: True
  • 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":"USA", "ListOfficeEmail":"katie@katiecasey.com", "ListOfficePostalCode":"66071", "ListOfficeStateOrProvince":"KS", "ListPriceCurrencyType":"USD", "ListingTitle":"SINGLE_FAMILY - Paola, KS", "ListingURL":null, "MLSModificationTimestamp":"2026-03-26 15:05:10", "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: 3/26/2026 3:48:56 PM GMT
Source Updated Date: 3/30/2026 7:00:52 PM 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.