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19664891
19664892

16 W Peoria Street, Paola, KS 66071

Crown Realty
Crown Realty
Listed by Crown Realty
$290,000
686 days on market
Updated 46 days ago

Milo's Steakhouse

Details
APN 135-16-0-20-32-006.00-0
Property Type Retail
Sub Type Storefront, Restaurant
Square Footage 4,577
Price per SqFt $63
Broker Co-Op Yes
Class C
Year Built 1880
Buildings 1
Stories 2
Lot Size (SqFt) 2,933
Zoning COM

Retail | 4,577 SqFt

Marketing description

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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Listing Contacts

Crown Realty
Crown Realty
Listed by Crown Realty

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Zoning

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CS SpecialCounty Side
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View all 39 uses
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Last updated May 8, 2026 For deeper zoning details, reports are available at Zoneomics

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