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Mixed-Use Commercial Building
For Sale
$520,000

107 N Pennsylvania Ave, Independence, KS 67301

Commercial Sale, Independence, KS

Property SizeContact for details
Lot Size0.14 Acres
Days on Market145

Property Features for 107 N Pennsylvania Ave

General Information

Property type Commercial Sale
Property subtype Other
High school district 000000
Standard status Active
Lot size 0.14 Acres

Amenities

Bathrooms on both the first and second floors
Basement for storage or additional functional space
Convenient parking for tenants and customers

Building Details

Year built 1906
Listing Agency: L2 Realty, Inc
Listed By: Jamie Reister
Added: May 7 Changed: Sep 4 Last Checked: Sep 28 at 3:06AM
MLS# 11777726

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This mixed-use commercial property combines an operating business with a historic commercial building constructed in 1906. Several office spaces are currently rented, while three additional units are under construction and remain available for completion. Interior features include restrooms on both levels and a basement that can support storage or other functional needs. The property also includes convenient parking for occupants and visitors.

Located at 107 N Pennsylvania Ave in downtown Independence, the building offers a visible commercial setting with direct street presence. The 0.14-acre parcel provides an established footprint for continued office, retail, boutique, or studio use, subject to applicable requirements. The sale includes both the business and the building.

Key Highlights

  • Several office spaces are currently rented
  • Three additional units are under construction
  • Bathrooms serve both the first and second floors

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick Grocery & Convenience Store Skin Care Clinic Big Box & Wholesale Store Electrical Service Locksmith (Bike/Boat/Book/etc) Store

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

Lease Details

Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

755
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Downtown commercial property with leased office suites, unfinished units, parking, and space for additional uses.
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: Several office spaces are currently rented; Three additional units are under construction; Bathrooms serve both the first and second floors
More about this property
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