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Remodeled Retail with Upstairs Living
For Sale
Contact for pricing
Pending

221 N Penn Ave, Independence, KS 67301

Remodeled storefront offers two divisible retail areas plus upstairs living space with full bath and bedroom.

Property SizeContact for details
Days on Market143

Property Features for 221 N Penn Ave

General Information

Standard status Pending
Property subtype Special Purpose
Listing Agency: Coldwell Banker Pasternak Johnson
Listed By: Valorie De Fever · License #KS
Source: Crexi
Added: Apr 12 Changed: Aug 16 Last Checked: Aug 31 at 11:36AM

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 Coldwell Banker Pasternak Johnson

Investment Insights

Based on property information with market context.

This remodeled storefront includes approximately 1,610 square feet of retail space and about 300 square feet of upstairs living space. The retail area is divided into two sections that flow together but can be separated by French doors. A large back room provides additional flexibility, and the property includes two 1/2 baths, two small office areas, and kitchen facilities in the back room with a 5-burner gas stove.

The upstairs living portion features a full bath and bedroom, a gallery kitchen, and a living/dining area with two nooks. There is also a back room nearly as large as the bedroom that could function as a second bedroom. Updates include hardwood floors throughout, new windows, ceiling fans, and washer and dryer hookups. The property is described as fully up to code and includes chandeliers throughout.

Key Highlights

  • 1610 sq ft remodeled retail storefront plus 300 sq ft upstairs living space
  • Retail area includes 2 sections that can be separated by French doors
  • Upstairs apartment has 1 bedroom, full bath, living/dining area, and a gallery kitchen

Property Analytics

Current Use

Live-work space

Suggested Use

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

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

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

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
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Frequently Asked Questions

What type of property is this?
Live-work space - Remodeled storefront offers two divisible retail areas plus upstairs living space with full bath and bedroom.
Where is this live-work space located?
The property is located at 221 N Penn Ave Independence, KS.
What are key features of this property?
This property features: 1610 sq ft remodeled retail storefront plus 300 sq ft upstairs living space; Retail area includes 2 sections that can be separated by French doors; Upstairs apartment has 1 bedroom, full bath, living/dining area, and a gallery kitchen
More about this property
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