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Investment Highlights

  • Mixed -Use Commercial/Residential Property
  • 4,792 Total Sf (3,169 SF Retail + 1,623 SF Residential)
  • New Roof 2025, Gutters, Gutter Guards, Exterior Paint 2025, Newer Hot water heaters
  • 1 Block off Paola Square
  • Huge walk out basement with Abundant storage

Executive Summary

1 Block off Downtown Paola Square Mixed-Use Building--- Retail+ Residential Living 4,792 sqft Live/Work Or great investment opportunity.
Endless Possibilities in the Heart of Paola!
Don't miss this rare opportunity to own a versatile mixed-use property just 1 block from the historic Paola Square. Whether you're looking to operate a retail business, invest in commercial real estate, or enjoy the convenience of living on-site, this property offers incredible flexibility.
Recent Updates Include:
- New roof (September 2025)
- New gutters with gutter guards
- Exterior professionally painted (2025)
- Newer water heaters
- All appliances in the residential living space included
Commercial/Retail Space – Approx. 3,169 Sq. Ft.
Currently home to Plum Creek Decor, this spacious retail area offers:
- Large showroom with excellent visibility
- Public restroom
- Private office
- Massive storage area
- Full walk-out basement with abundant storage
- Wide staircase for easy transport of inventory and supplies
The current business will close prior to the sale. The seller is willing to sell the existing inventory separately for an additional purchase price.
Residential Living Space – Approx. 1,623 Sq. Ft.
Located at the rear of the building, the private living quarters feature:
- Spacious kitchen with center island
- Comfortable living room
- Two non-conforming bedrooms
- Two full bathrooms
- Oversized laundry room
- Ample storage throughout
- Private deck with separate entrance
The residential space can be accessed either through the retail area or by its private exterior entrance. The original exterior access door remains in place behind the interior finish and can easily be restored if desired.
Whether you're an entrepreneur wanting to live where you work, an investor seeking income potential, or someone looking for a unique downtown property, this one-of-a-kind building offers exceptional opportunity in a prime Paola location.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,792 SF
Building Class
C
Year Built
1925
Price
$506,401 CAD
Price Per SF
$105.68 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.69
Lot Size
0.16 AC
Zoning
C - Commerical/Indust
Parking
7 Spaces (1.46 Spaces per 1,000 SF Leased)
Frontage
79’ on Piankishaw St

Amenities

  • Signage
Moderately walkable
70/100
Very drivable
80/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
135-16-0-20-23-009.00-0
Land Assessment
$6,304 CAD
Improvements Assessment
$38,970 CAD
Total Assessment
$45,273 CAD
  • Listing ID: 41423683

  • Date on Market: 2026-07-24

  • Last Updated:

  • Address: 2 W Piankishaw St, Paola, KS 66071

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