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Front from park.
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View front to rear 1
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Front
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Door to shared stairway to upstairs.
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Entry Door
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Front waiting area left.
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Front waiting area right.
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View front to rear 2
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View from bar towards front
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This is the bar.
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View from bar to kitchen area
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View from kitchen towards front
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Coolers
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Water heater
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Vent Hood
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Dishes
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To Rear exit door
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Bathroom 1
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Bathroom 2
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Wall of old pictures of Paola
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Front Sidewalk
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Stairway from 2nd level looking down.
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Possible apartment upstairs
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Possibel apartment upstairs
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Possible apartment upstairs
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Possible apartment upstairs
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Possible apartment upstairs
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Shared Hallway upstairs
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Rear
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Rear-DOOR
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Rear-RGT
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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.
- Directions
- From Olathe - take US 169 south to Paola exit at Baptiste Dr and turn right. Make a left at Hedge Lane then a right at Peoria St. Continue west on Peoria to the square and the building is on the right. There is no real estate sign per seller's request.
- City
- Paola
- County
- Miami
- Property Type
- Commercial Sale / Retail
- Listing Updated
- Mar 26, 2026 at 10:03am
- MLS Number
- 2497339
- Property Tax
- $5,851
- Zoning
- $COM
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