Imagine the Possibilities: A Historic Paola Landmark Ready for Its Next Chapter

Curious what opportunities exist for investors or entrepreneurs to redevelop historic properties in downtown Paola, Kansas? In the heart of downtown Paola, Kansas, a remarkable opportunity is waiting for someone with vision. The historic property at 110 E Peoria Street isn’t just another commercial building—it’s a landmark listed on the National Register of Historic Places, ready to be transformed into a destination that redefines small-town hospitality and community connection.

A Building with History and Heart

Is there a historic property for sale in downtown Paola, Kansas, that blends old-world craftsmanship with modern potential? Yes! Originally constructed in 1904, with additions in 1938 and 2003, this impressive 30,000+ square-foot structure has served the community for over a century. The craftsmanship, vaulted ceilings, and architectural details are the kind you can’t replicate today—making it a one-of-a-kind canvas for redevelopment.

Approved for a New Beginning

What can the historic building at 110 E Peoria St be used for? The City of Paola has already approved the property for use as a wedding and event venue, paving the way for its next owner to bring a new era of life to the downtown square. Whether it becomes a destination wedding venue, boutique event space, or creative mixed-use hub, the framework is already in place.

Financial Advantages That Set It Apart

Here’s where the opportunity gets even more compelling:

Listed on the National Register of Historic Places
Eligible for up to 60% in combined federal and state historic tax credits
Zoned Downtown (D), allowing flexible use—hospitality, retail, creative office, or mixed-use
These incentives can dramatically reduce renovation costs and improve ROI for investors or owner-operators.

Why Downtown Paola?

What makes downtown Paola a good place for business investment?

Paola’s historic downtown square is actively being revitalized, attracting new local shops and entrepreneurs. Locals affectionately refer to the area as Paola’s Downtown Square—a walkable, historic setting anchored by community events, local dining, and boutique shopping. The square has seen a resurgence in recent years, and properties with both historic character and modern potential are rare.

For entrepreneurs, this location offers the best of both worlds: small-town charm with access to the Kansas City metro, just a short drive north.

Who Should Take a Look

Who would benefit most from owning a historic property in Paola, Kansas?

Developers or investors seeking adaptive reuse or historic renovation projects
Wedding or event venue operators ready to expand into a destination setting
Entrepreneurs or marketers who see the value in creating a brand around a landmark
Community or nonprofit organizations looking to create lasting impact downtown

A real marketer will recognize what this property could become—a venue that celebrates history, hosts memories, and helps fuel Paola’s downtown revival.