512 E Monroe ST, Iola, KS 66749
512 E Monroe ST, Iola, KS 66749
512 E Monroe ST, Iola, KS 66749
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Listed by Jennifer Chester • Crown Realty
$175,000
Est. payment /mo
0.52 Acres Lot
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Key Details

Property Type Commercial

Sub Type Warehouse

Listing Status Active

Purchase Type For Sale

MLS Listing ID 2614311

Year Built 1920

Annual Tax Amount $509

Lot Size 0.525 Acres

Acres 0.52493113

Lot Dimensions 103x222

Property Sub-Type Warehouse

Source hmls

Property 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!

Location

State KS

County Allen

Zoning comm

Interior

Fireplace N

Exterior

Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available

Building

Story 2

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


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Heartland MLS KS / Southeast Kansas AOR

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TopCity Realty

TopCity Realty

+1(785) 588-5550

Brokerage | License ID: 00003478

Brokerage License ID: 00003478

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512 E Monroe ST