512 E Monroe Street, Iola, KS 66749
Local realty services provided by:ERA McClain Brothers
512 E Monroe Street,Iola, KS 66749
$118,000
- 1 Beds
- 1 Baths
- 5,478 sq. ft.
- Condominium
- Active
Listed by: jennifer chester
Office: crown realty
MLS#:2614394
Source:MOKS_HL
Price summary
- Price:$118,000
- Price per sq. ft.:$21.54
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!...
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Home facts
- Year built:1920
- Subdivision & Development:None
- Listing ID #:2614394
- Added:164 day(s) ago
- Updated:September 27, 2026 at 02:17 PM
Rooms and interior
- Bedrooms:1
- Total bathrooms:1
- Full bathrooms:1
- Basement:Yes
- Basement Description:Concrete, Full, Inside Entrance
- Living area:5,478 sq. ft.
Heating and cooling
- Heating:Natural Gas
Structure and exterior
- Year built:1920
- Building area:5,478 sq. ft.
- Lot area:0.52 Acres
- Lot Features:City Limits, City Lot, Corner Lot
- Architectural Style:Loft
- Construction Materials:All Brick, Concrete, Frame
- Exterior Features:Fixer Up
- Foundation Description:Concrete
Utilities
- Water:City/Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$118,000
- Price per sq. ft.:$21.54
Parking
- Parking description:Off Street
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