Historic Office
201 N Penn Ave Independence, KS 67301
201 N Penn Ave, Independence, KS, 67301
$450,000
For Sale
$450,000
Historic concrete office building with ADA access, steam heat, and two elevators, with partially occupied space available.
Property Size36,424 SF
Price / SF$12.35
Days on Market737
Property Features for 201 N Penn Ave
General Information
- Standard status
- Active
- Size
- 36,424 SF
Listing agency
Coldwell Banker Pasternak Johnson
(620) 330-1976
Listed by
Robert Pasternak
(620) 330-1976
Source
Exprealty
Added: Jul 15, 2024 Updated: Jul 20 at 5:23PM Checked: Jul 20 at 5:23PM
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.
Built in 1920 as the Commercial National Bank, this historic office building offers substantial existing space across the main level and basement. The structure is concrete throughout, including the roof and floors. Roof modifications were completed approximately 4–5 years ago with 30-year roofing, and Kawneer windows were installed in 1997. The property includes two elevators, with one originally and work to update the elevator planned for completion in September 2021. The basement includes functional work space and two bathrooms. There is also ADA entrance access and one ADA bathroom on the first floor, along with two walk-in safes, one of which is currently operational.
The building is heated with steam heat, and the boiler is inspected annually by the State with a boiler certificate. The boiler was replaced in 1994. The property is currently 50% occupied and features large office rooms, including space that was formerly used as a pharmacy and a restaurant area. Additional details and financials are available to qualified buyers.
The building is heated with steam heat, and the boiler is inspected annually by the State with a boiler certificate. The boiler was replaced in 1994. The property is currently 50% occupied and features large office rooms, including space that was formerly used as a pharmacy and a restaurant area. Additional details and financials are available to qualified buyers.
Key Highlights
- Historic building erected in 1920 as the Commercial National Bank, with 36,000+ SF above grade and 52,000 SF total including basement
- Concrete throughout, including roof and floors; modified roofs installed approx. 4–5 years ago with 30‑year roof warranty
- Kawneer windows installed in 1997 at approx. $500,000 cost
Property Analytics
Location Intelligence
Current Use by Public Records
Cosgrove Counseling, LLC
Counselor
Cosgrove Janet
Physician
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FAQs
What type of property is this?
Office building - Historic concrete office building with ADA access, steam heat, and two elevators, with partially occupied space available.
Where is this office building located?
The property is located at 201 N Penn Ave Independence, KS.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Historic building erected in 1920 as the Commercial National Bank, with 36,000+ SF above grade and 52,000 SF total including basement; Concrete throughout, including roof and floors; modified roofs installed approx. 4–5 years ago with 30‑year roof warranty; Kawneer windows installed in 1997 at approx. $500,000 cost
