$145,000
( )
 $778 est/mo Sourced by Back At You

512 E Monroe Street,Iola, KS 66749

Iola, KS 66749

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Description

*Rare Historical Gem: The Iola "Flat Iron" Opportunity* Own a piece of Southeast Kansas history with this striking 1920s brick "flat iron" building in the heart of Iola. Spanning approximately 5,500 square feet across two expansive levels, this structure offers the perfect canvas for an investor or creative visionary. *Prime Location & Connectivity* Iola is perfectly positioned as a regional hub, centrally located approximately 100 miles between Kansas City, Wichita, and Tulsa. This strategic "middle of everywhere" location makes it an ideal spot for a destination business or a unique residential retreat that stays connected to major metropolitan centers via US-169 and US-54. *A Community on the Rise* The timing for this investment couldn't be better. Iola is experiencing a surge of new energy and development, most notably the brand-new **Lehigh Portland State Park**. Set to open its visitor center and campgrounds in **May 2026**, this flagship state park features over 14 miles of trails and a stunning quarry lake, drawing outdoor enthusiasts from across the region. With additional projects like a new maker space, a boutique hotel in the works, and a growing downtown scene, Iola is the place to be. *Endless Possibilities* The architectural character of this classic build is undeniable. The "flat iron" footprint provides a unique aesthetic that stands out in any portfolio: *Main Level:* Ideal for a vibrant art gallery, boutique retail, or a modern professional studio. *Upper Level:* Perfect for a *luxury industrial loft conversion* with high ceilings and expansive square footage. **Key Features:** * Built circa 1920 * ~5,500 Total SQFT with New Roof * Iconic Brick Exterior * Proximity to Lehigh Portland State Park * Unbeatable Central Kansas Location *Don't miss the chance to restore and redefine one of Iola's most unique structures during this exciting period of growth.* Schedule a showing today to explore the potential of this historical treasure!

Details

MLS #2614311
Listing TypeFor Sale
StyleWarehouse
Sub-TypeResale
StatusActive
Year1920
Days On Site133
Listing Provided ByCrown Realty | Jennifer Chester

Features

Story(s)2
Zoningcomm
Acreage0.52

Taxes

Property509

Area Information

StateKS
CountyAllen
CityIola
Zip Code66749
Area490 Allen County | KS
Listing VS Median (in 66749)
Price:
$145,000
low | high
Med:
$146,000
49.310344827586% of Average
On site:
133
low | high
Med:
129.5
100% of Average
Sourced by Back At You

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Additional Information


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Learn More About This Property

StateKS
CountyAllen
CityIola
Zip Code66749
Area490 Allen County | KS
Listing VS Median (in 66749)
Price:
$145,000
low | high
Med:
$146,000
49.310344827586% of Average
On site:
133
low | high
Med:
129.5
100% of Average
Sourced by Back At You
Listing Updated: July 9, 2026 at 5:58:42 PM PDT