66
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Listed by Amber Gregory • Keller Williams Realty Select
$345,000
Est. payment /mo
3,220 Sqft Lot
New
101 N Pennsylvania AVE Independence, KS 67301
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UPDATED:
03/12/2025 09:36 PM
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2535223
Originating Board hmls
Year Built 1910
Annual Tax Amount $10,963
Lot Size 3,220 Sqft
Acres 0.073921025
Lot Dimensions 23 x 140
Property Sub-Type Retail
Property Description
Prime Downtown Investment Opportunity - Corner Lot Building with Stable Tenants!
Location: Heart of Downtown 101-110 N Penn
Property Type: Mixed-Use Building
Lot Type: Corner Lot
Investment Highlights:
5 Fully Rented Apartments (Located on the second level)
7 Retail Spaces on the Main Level, with 5 Leased and 2 available for future tenants
New Roof, New Sewer Lines, and New Zone Heating & Air – Each retail space has its own thermostat for optimal climate control
Landlord Pays Water & Gas (Tenants cover electricity)
All tenants wish to stay, ensuring a stable income stream
Why Invest Here?
Prime Downtown Location: A sought-after corner lot in the heart of the city's vibrant downtown.
Attractive Cash Flow: 5 apartments with long-term tenants and 7 retail spaces, 5 of which are already filled.
Recent Upgrades: The building has received a major investment in infrastructure with a new roof, updated sewer lines, and independent heating/air systems for each retail space.
Solid, Steady Income: With the existing tenants eager to stay, you can step into a fully operational building and start earning immediately!
The Perfect Opportunity to Invest in Independence!
This building is a perfect blend of residential and retail spaces, offering a well-rounded, low-maintenance income stream in a growing, prime location. Whether you're a seasoned investor or just starting, this is the building you've been waiting for!
?? Call Today for More Details and Schedule a Viewing!
Location: Heart of Downtown 101-110 N Penn
Property Type: Mixed-Use Building
Lot Type: Corner Lot
Investment Highlights:
5 Fully Rented Apartments (Located on the second level)
7 Retail Spaces on the Main Level, with 5 Leased and 2 available for future tenants
New Roof, New Sewer Lines, and New Zone Heating & Air – Each retail space has its own thermostat for optimal climate control
Landlord Pays Water & Gas (Tenants cover electricity)
All tenants wish to stay, ensuring a stable income stream
Why Invest Here?
Prime Downtown Location: A sought-after corner lot in the heart of the city's vibrant downtown.
Attractive Cash Flow: 5 apartments with long-term tenants and 7 retail spaces, 5 of which are already filled.
Recent Upgrades: The building has received a major investment in infrastructure with a new roof, updated sewer lines, and independent heating/air systems for each retail space.
Solid, Steady Income: With the existing tenants eager to stay, you can step into a fully operational building and start earning immediately!
The Perfect Opportunity to Invest in Independence!
This building is a perfect blend of residential and retail spaces, offering a well-rounded, low-maintenance income stream in a growing, prime location. Whether you're a seasoned investor or just starting, this is the building you've been waiting for!
?? Call Today for More Details and Schedule a Viewing!
Location
State KS
County Montgomery
Zoning C & I
Interior
Interior Features Living Quarters
Fireplace N
Exterior
Exterior Feature Display Window
Utilities Available Electric to Site
Building
Story 2
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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