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0 Baths

$118,000

512 E Monroe Street, Iola KS, 66749

Price per sqftN/A
Built in1920
Property typeCommercial
Courtesy of Crown Realty, Jennifer Chester Listing Contact:

Overview

Active

Listed Apr 15, 2026

Updated Aug 29

*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!

Additional information

MLS® ID
2614311

Interior Features

Bathrooms
0
Basement
No

Exterior Features

Lot Size
0.52 Acres
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Listings courtesy of Heartland MLS as distributed by MLS GRID

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Based on information submitted to the MLS GRID as of 1:25 PM UTC on 10/11/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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