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Water tower featuring "IOLA" lettering
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Aerial perspective showcasing a parcel of land with a water tower structure
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Expansive corner lot featuring a water tower, open grass areas, and mature trees
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Expansive land parcel with surrounding residential properties, paved street access, and a prominent water tower structure
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Aerial perspective highlighting a local water tower and surrounding properties
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Aerial perspective showcasing a large water tower with surrounding green spaces and a distant townscape
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Aerial perspective showcasing a water tower structure prominently labeled "IOLA" amidst a verdant landscape
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Aerial perspective showcasing a residential area characterized by mature trees and verdant landscapes
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Aerial perspective showcasing a residential area amidst abundant tree cover, featuring multiple established homes, green spaces, and a water tower
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Aerial perspective of a verdant land parcel within an established community
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Expansive undeveloped lot featuring a natural grass surface and mature trees
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Aerial perspective showcasing a residential area amidst abundant tree cover, featuring multiple established homes, green spaces, and a water tower
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Aerial perspective showcasing a residential and commercial area with abundant mature trees and expansive green spaces
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Aerial perspective showcasing a residential area amidst lush green trees
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Aerial perspective showcasing a residential area amidst lush green trees and open fields
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Aerial perspective showcasing a water tower within a residential area featuring numerous mature trees and green spaces
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Aerial perspective showcasing a water tower within a green landscape
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Aerial perspective featuring a prominent water tower with surrounding green spaces and residential properties
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Expansive grassy lot featuring a water tower, secured by a chain-link fence
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?? Landmark Opportunity: The Ultimate Destination Investment! ?? Are you ready to own a true piece of local history and create a regional sensation? This is not your average commercial lot; this property features a historic, standout water tower that is primed to become Southeast Kansas’s next viral tourist attraction! Located on a spacious lot in a flat, highly accessible location, this property offers the ultimate blank canvas for a visionary investor. ?? Why This Property is a Game-Changer: * Capitalize on a Tourism Surge: With the exciting development of the Lehigh Portland State Park right here in Iola, outdoor enthusiasts and visitors will be flooding the area. This influx of tourism creates the absolute perfect market for a standout destination lodging or commercial venture. * Airbnb and Unique Lodging Potential: Unique structural stays are taking the travel world by storm. Imagine transforming this historic water tower into a luxury, multi-level sky cabin, an industrial-chic Airbnb, or an observation destination. Travelers flocking to the new state park will be searching for unforgettable lodging experiences, and this property provides the ultimate wow factor. * Grant Funding Eligible: Because of its unique structural nature and historical presence, this property could qualify for specialized development grants, rural tourism incentives, or historic preservation funding to help offset your renovation costs and maximize your return on investment. * Prime Iola Location and Footprint: Situated right on N Elm Street, you are steps away from central traffic corridors, offering fantastic visibility. With plenty of flat, level land, you have ample room for dedicated parking, outdoor guest lounges, or complementary builds. Bring your imagination, your architect, and your business savvy. Historic structures like this rarely hit the open market. Don't just invest in real estate—create a landmark. Schedule your viewing today
- Directions
- US Highway 169 to Iola exit Go west on 54 Highway to Elm St Go Norht on Elm St until you have reached your new investment property!
- Subdivision
- None
- City
- Iola
- County
- Allen
- Property Type
- Land / Unimproved Land
- Listing Updated
- Jun 02, 2026 at 11:06am
- MLS Number
- 2623649
- Property Tax
- $89
- Zoning
- $Resid
- Home Owners Association
- No
- Disclaimer
- The information displayed on this page is confidential, proprietary, and copyrighted information of Heartland Multiple Listing Service, Inc. (“Heartland MLS”). Copyright 2026, Heartland Multiple Listing Service, Inc. Heartland MLS, Elite Realty and Agent Jo do not make any warranty or representation concerning the timeliness or accuracy of the information displayed herein. In consideration for the receipt of the information on this page, the recipient agrees to use the information solely for the private non-commercial purpose of identifying a property in which the recipient has a good faith interest in acquiring.
- The data relating to real estate displayed on this website comes in part from the Heartland Multiple Listing Service database compilation. The properties displayed on this website may not be all of the properties in the Heartland MLS database compilation, or all of the properties listed with other brokers participating in the Heartland MLS IDX program. Detailed information about the properties displayed on this website includes the name of the listing company.
- Information is deemed reliable but is not guaranteed.
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