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Downtown Independence Investment Opportunity
For Sale
$520,000

107 N Pennsylvania Ave, Independence, KS 67301

Multi-use commercial property with income and development potential.

Property Size5,000 SF
Price / SF$104
Days on Market116

Property Features for 107 N Pennsylvania Ave

General Information

Standard status Active
Size 5,000 SF
Property subtype Commercial

Amenities

Lot Size Acres: 0.14
Percentage of Tax that is Deductable: 0
Sale, Sale Type: Foreclosure
Built in 1906
Property Township: INDEPENDENCE CITY
Above Area Square Feet: 5000

Building Details

Year Built 1906
Listing Agency: L2 Realty, Inc
Listed By: Jamie Reister
Source: Doyle-realty
Added: May 7 Changed: Aug 28 Last Checked: Aug 30 at 4:54PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of L2 Realty, Inc

Investment Insights

Based on property information with market context.

Founders Place presents an opportunity to own a commercial building in downtown Independence. This multi-use property features multiple office spaces that are currently rented, providing income. The building includes bathrooms on both the first and second floors, and a basement for storage or operational space. Convenient parking is available for tenants and visitors. The property benefits from curb appeal and street visibility. Three units are currently under construction, allowing for customization of the spaces for additional office rentals, retail, boutique space, or creative studios. The property offers potential for growth and added income.

Key Highlights

  • Income‑producing property with multiple currently leased office spaces.
  • Three additional units under construction offer significant customization and income potential.
  • Prime downtown Independence location with high visibility and strong street presence.

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Grocery & Convenience Store Food Market Supermarket Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

9
Businesses Nearby

Demographics for 67301, KS

12,385
Population
6,421
Households
1.9
Avg Household Size
41
Median Age
26%
College-Educated
92%
High-School Grad
215.0 sq mi
ZIP Area
58
Density / Sq Mi
$54,905
Median Household Income
$34,626
Median Earnings
$798
Median Rent
$109,500
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Multi-use commercial property with income and development potential.
Where is this mixed-use property located?
The property is located at 107 N Pennsylvania Ave Independence, KS.
What is the asking price?
The asking price for this property is $520,000.
What are key features of this property?
This property features: Income‑producing property with multiple currently leased office spaces.; Three additional units under construction offer significant customization and income potential.; Prime downtown Independence location with high visibility and strong street presence.
More about this property
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