118 E Jackson Street, Iola, KS 66749

Property Description

**Income-Producing Investment | Near New Lehigh Portland State Park**Exceptional opportunity to acquire a stabilized commercial asset just a half-block off Iolas historic downtown square. This property offers immediate cash flow with a current tenant in place who desires to remain, making it a turn-key addition to any investment portfolio. With the grand opening of the Lehigh Portland State Park scheduled for this summer, Iola is poised for a significant increase in regional tourism and foot traffic.?PROPERTY HIGHLIGHTS?Stabilized Income: Benefit from immediate rental income. The established tenant provides long-term stability for the new owner.?TOURISM GROWTH: Positioned to capitalize on the influx of visitors to the states newest flagship park, featuring 14 miles of trails and a 90-acre lake just minutes away.?Strategic Location: Situated on East Jackson, the building captures steady traffic from the square while offering easier accessibility and parking than the main thoroughfares.?Hospitality Infrastructure: Fully built-out for its current use as a tavern, featuring a spacious open floor plan and commercial-grade facilities.?VERSATILE ASSET: Solid construction and an open layout provide long-term flexibility for retail, a boutique lake-themed shop, or professional office use.?THE OPPORTUNITYThis is a real estate only sale. No business entities, trade names, or liquor licenses are included. This is a rare chance to purchase a downtown Iola property that is already performing and perfectly timed for the citys upcoming economic boost.?Note to Buyers: Property sold as-is. Please do not disturb the tenant. Financials regarding the current lease agreement are available to qualified buyers upon request.