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    107 N Penn Ave Independence, KS 67301

    For Sale
    $519,000

    Business - Independence, KS

    Type:Business
    Lot size:
    0.14 Acres
    Days on Market:
    35
    Last Refresh:
    Dec 15 at 6:06 am

    Property Features for 107 N Penn Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Business
    Standard status
    Active
    Zoning
    comm
    APN
    063-099-31-0-20-10-014.00-0
    Parking features
    On Street
    Lot size
    0.14 Acres

    Building Details

    Year built
    1906
    Floors in Building
    2
    Architectural style
    Other

    Bill White Real Estate (620) 331-7060 [email protected]

    Listing agent Cynthia White (620) 331-7060

    Listing date Nov 11, 2025

    MLS# 2566738 Listing URL

    Copyright © 2025 Heartland Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Building Business Opportunity

    Located in downtown Independence, KS, this historic building presents a business opportunity. Currently operating as Founder's Place Indy, the property offers membership options to small businesses seeking a comfortable and affordable workspace. The space includes executive, private offices with access to conference rooms, as well as freelancer and open desks with virtual and digital community options. The property fosters an environment of innovation and creativity, making it suitable for starting, maintaining, growing, and succeeding in business. Originally built in 1906, the property has been renovated into a workspace. The 0.14-acre lot offers potential for expansion, with retail and additional space available for development.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Serviced offices

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Independence
    County
    Montgomery
    State
    Kansas
    Longitude
    -95.707082
    Latitude
    37.223614

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    FAQs

    What type of property is this?
    Serviced office - Downtown Independence, KS building with business opportunity.
    Where is this serviced office located?
    The property is located at 107 N Penn Ave Independence, KS.
    What is the asking price?
    The asking price for this property is $519,000.
    What are key features of this property?
    This property features: - Established business opportunity: Founder's Place Indy offers membership-based workspace solutions for small businesses.; - Prime downtown location in a historic building in Independence, KS.; - Variety of workspace options: executive offices, private offices, freelancer desks, and open desks.
    (620) 331-7060
    Request Owner's contact information
    107 N Penn Ave Independence, KS 67301
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    Independence, KS 67301
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    107 N Penn Ave Independence, KS 67301
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