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Vacant Applebee’s For Auction 1301 Kansas Dr 3,642 SF Retail Building Paola, KS 66071 $250,000 ($68.64/SF)


Investment Highlights
- Average household income $100k+ within 3-mile radius — strong local spending power
- Dense retail corridor with Walmart Supercenter, McDonald's, KFC, and more nearby
- Located adjacent to Paola High School with 500+ student enrollment
- Opportunity to acquire casual dining restaurant below current replacement cost
- ±13,100 vehicles per day on Highway 169 with direct access to the property
- 1.24-acre lot with 300 feet of road frontage — ideal for redevelopment or re-tenanting
Executive Summary
Starting Bid: $250,000
Bid Dates: July 20 – July 22nd 2026 9:00 AM
Kyle Matthews
License # 239429, #CO00002672 (KS)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Bid Dates: July 20 – July 22nd 2026 9:00 AM
Kyle Matthews
License # 239429, #CO00002672 (KS)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,642 SF
Building Class
C
Year Built
2004
Price
$250,000
Price Per SF
$68.64
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.24 AC
Frontage
222’ on Kansas Dr
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 135-15-0-00-00-006.07-0 | Improvements Assessment | $364,225 |
| Land Assessment | $34,320 | Total Assessment | $398,545 |
Property Taxes
Parcel Number
135-15-0-00-00-006.07-0
Land Assessment
$34,320
Improvements Assessment
$364,225
Total Assessment
$398,545
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Vacant Applebee’s For Auction | 1301 Kansas Dr
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