Properties

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!

Features
Parking:
Parking Lot
Utilities:
Electricity Available, Natural Gas Available, Sewer Available, Water Available
Address Map
Zipcode:
66749
Street:
Monroe
Street Number:
512
Street Suffix:
Street
Longitude:
W96° 36' 9.5''
Latitude:
N37° 55' 28.8''
Street Dir Prefix:
E
Zoning:
comm
Directions:
?Exit: Take the exit for US-54 West (also known as Miller Road/East Street) toward Iola. ?Initial Turn: Turn West onto US-54/East Madison Avenue toward the center of town. ?Proceed: Travel West on Madison Avenue for approximately 1.2 miles. ?Turn North: Turn North (Right) onto North Jefferson Avenue. ?Turn East: Turn East (Right) onto East Monroe Street. ?Final Destination: Proceed 3 blocks to 512 East Monroe Street. The property is on the South (Right) side of the road.
Mls Area Major:
490 - Allen County, KS
MLS Addon
Office Name:
Crown Realty
Agent Name:
Jennifer Chester
Tax Annual Amount:
$0
Association Fee:
$0
Additional Information
Stories Total:
2
Business Type:
Other
Current Use:
Warehouse
Lot Size Dimensions:
103x222
Listing Information
List Agent Mls Id:
586004431
List Office Mls Id:
CRWN11
Listing Term:
Cash, Conventional
Mls Status:
Active
Modification Timestamp:
2026-08-28T14:01:11Z
Originating System Name:
HMLS

Community: None, Commercial Sale For Sale

512 E Monroe Street, Iola, Kansas 66749

$118,000
Listing ID #2614311
Basic Details
Property Type :
Commercial Sale
Listing Type :
For Sale
Listing ID :
2614311
Price :
$118,000
Year Built :
1920
Status :
Active
Property Sub Type :
Warehouse
Contact Agent