120 W Peoria Street Paola, KS ^$ 398,000

120 W Peoria Street

^$ 398,000

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120 W Peoria Street

Paola, KS, 66071

^$ 398,000

Bedrooms-- Baths--

Monthly Estimate*

^$ 2,483

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Commercial Property for sale in Paola, KS

for $398,000. This building was built in 1925 on a lot size of 0.563453.

All Brick buildings on 0.56 Acre Lot - Footprint combined about 8,000 SF plus an upstairs Apartment with 2+ bedrooms and 1.5 Bathrooms (about 1,600 SF). Currently outfitted as a Full-Service Restaurant with most furnishings and equipment negotiable. Private Parking Lot has 34 Spaces. Adjacent to large City parking lot for overflow parking demand. For potential use change one could open up 2 overhead doors that were closed in during the conversion from industrial use to retail. Adjacent to Historic Paola Town Square with many other retail and service businesses as well as Paola City Hall and the Miami County Courthouse. Potential Owner Financing available. (Owner Agent)

Commercial Active

Price

^$ 398,000

Property Type

Commercial

Taxes

^$ 10,401

Style

Restaurant

Lot Size

0.563453

Year Built

1925

Town/City

Paola

County/Region

Miami

MLS | Web ID

2492872

Features

Interior

Interior Amenities In-Law Floorplan Private Restroom Public Restroom Refrigerator Facility

Total Stories 2

General

Utilities Electricity Available Natural Gas Available Sewer Available Water Available

Possession Funding

Zoning COM

Year Built 1925

Property Subtype Retail

Current Use Restaurant

Business Type Restaurant See Remarks

Accessibility Accessible Bathroom

County Miami

Property Type Commercial Sale

Subdivision Name None

Status Active

Directions US 169 to Paola Exit (Baptiste Drive) - Go west on Baptiste to Silver - Turn north on Silver and go to Peoria (traffic light) - turn right to building on right side.

City Paola

MLS Area 380 - Miami County KS

Lot Size Units Square Feet

Lot Size Square Feet 24544

Listing Terms Cash Conventional Owner May Carry

Public Remarks All Brick buildings on 0.56 Acre Lot - Footprint combined about 8 000 SF plus an upstairs Apartment with 2+ bedrooms and 1.5 Bathrooms (about 1 600 SF). Currently outfitted as a Full-Service Restaura

Standard Status Active

In Flood Plain No

HMS_MaintenanceProvidedYN N

Exterior

Parking Features Parking Lot On Street

Total Parking 34

Lot Size Area 24544

Road Surface Type Asphalt

Road Frontage Type City Street

Road Responsibility Public Maintenance

Location Features Business District City Location

Number of Docks 0

Number of Drive In Doors 0

* Excluded Features

List By

Crown Realty

Broker

Affordability Calculator

$3,350

Per Month

Monthly Principal & Interest: $2,483
Monthly Property Taxes: $867
Monthly Home Insurance: --

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Loan Term

Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Paola, KS

Average List Price ^$472,044

Percent of Sale Price 19%

About Paola, KS

5,593 Population

9% Since 2002

^$50,653 Median Income

36.95 Median Age

40% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

652738 Elementary School

652859 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/13/2025	$398,000	-11.56%	Price Down
7/7/2025	$450,000	-9.09%	Price Down
11/25/2024	$495,000	-13.91%	Price Down
10/12/2024	$575,000	-11.54%	Price Down
6/11/2024	$650,000		Listed Price

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120 W Peoria Street, Paola, KS, 66071 is a Commercial Property for sale at $398,000 with a lot size of 0.563453. 120 W Peoria Street was built in 1925. The property's zip code is 66071 which is in Paola, KS

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 12/8/2025.

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120 W Peoria Street

Commercial Property for sale in Paola, KS

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