101 N Pennsylvania Avenue Independence, KS 67301

Building Details

Year Built

1910

Listing Agency Keller Williams Realty Select a***@kw.com Show Phone

Listed by Amber Gregory Show Phone

Source Exitrealty

Added: Mar 13, 2025 Checked: Jul 16 at 3:21 am

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Investment Insights

Based on property information with market context.

This mixed-use building is located on a corner lot in the heart of downtown. The property features five fully rented apartments on the second level and seven retail spaces on the main level, with five currently leased and two available. Recent upgrades include a new roof, new sewer lines, and new zone heating and air systems. Each retail space has its own thermostat for climate control. The landlord is responsible for water and gas, while tenants cover electricity. All tenants wish to stay, ensuring a stable income stream. This building offers a blend of residential and retail spaces, providing a low-maintenance income stream in a prime location. The property is located at 101 N Pennsylvania Avenue, Independence, KS 67301.

Key Highlights

• Prime downtown corner lot location in a high‑demand area.
• Strong income potential with 5 fully rented apartments and 5 of 7 retail spaces leased.
• Recent major upgrades: new roof, sewer lines, and individual zone heating & air for retail spaces.

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FAQs

What type of property is this?

Mixed-use property - Mixed-use building with apartments and retail in prime downtown location.

Where is this mixed-use property located?

The property is located at 101 N Pennsylvania Avenue Independence, KS.

What is the asking price?

The asking price for this property is $335,000.

What are key features of this property?

This property features: Prime downtown corner lot location in a high‑demand area.; Strong income potential with 5 fully rented apartments and 5 of 7 retail spaces leased.; Recent major upgrades: new roof, sewer lines, and individual zone heating & air for retail spaces.