Estimated payment $976/month
Highlights
- 22,866 Sq Ft lot
- Loft
- No HOA
- Wood Flooring
- Corner Lot
About This Home
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
* 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!
Listing Agent
Crown Realty Brokerage Phone: 620-228-1413 License #00228497 Listed on: 04/15/2026
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $510
Year Built
- Built in 1920
Home Design
- Fixer Upper
- Brick Exterior Construction
- Concrete Foundation
- Frame Construction
Interior Spaces
- Loft
- Wood Flooring
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Parking
- Inside Entrance
- Off-Street Parking
Utilities
- No Cooling
- Heating System Uses Natural Gas
Additional Features
- Paved or Partially Paved Lot
- City Lot
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 077-26-0-40-29-016.00-0
- $0 special tax assessment
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $518 | $2,465 | $1,050 | $1,415 |
| 2024 | $486 | $2,483 | $1,083 | $1,400 |
| 2022 | -- | $2,693 | $923 | $1,770 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/15/2026 04/15/26 | For Sale | $175,000 | -- | $21 / Sq Ft |
Source: Heartland MLS
MLS Number: 2614394
APN: 077-26-0-40-29-016.00-0
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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. Some IDX listings have been excluded from this website. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.
Listings courtesy of Heartland MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID
Listing Information presented by local MLS brokerage: TEN-X, INC., local REALTOR®- Arlene Richardson - (888) 952-6393
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