Adaptive Reuse Opportunity

Investment Overview

Rare opportunity to acquire a high-profile commercial property located directly on Paola’s historic Park Square. This two-story masonry building spans three levels and includes a separately deeded private parking lot ideal for owner-users or investors seeking a footprint in Miami County’s growing downtown core. This Paola commercial property delivers both historic charm and long-term upside in one of the city’s most recognizable and walkable locations.

Investment Highlights

• Main Level: includes a spacious lobby, two private offices, a teller line, and a rare drive-thru window with pneumatic tube ideal for customer-facing or service operations
• Second Floor: features men's and women's restrooms (two stalls each), a break room with kitchenette, multiple private offices, and a large assembly room overlooking Paola Park Square
• Lower Level: offers additional offices and meeting rooms, two restrooms, a second kitchenette, generous storage space and a notable built-in nuclear shelter
• Ample on and off street parking
• High-visibility corner at Wea and Pearl Streets with direct frontage on Downtown Paola’s historic Park Square
• Located in a designated historic district with significant community presence and walkability
• Suitable for office, retail, cultural/community use, mixed-use conversion, or redevelopment
• Seller is completing significant property improvements, including roof replacement, replacement of a large portion of the HVAC, soffit repairs and two new exterior columns.