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Two-Story Brick Retail Building
For Sale
$399,000

301 N Penn Ave, Independence, KS 67301

A street-facing commercial layout includes a ground-floor business area and additional space on the upper level.

Property Size17,000 SF
Price / SF$23.47
Days on Market8

Property Features for 301 N Penn Ave

General Information

Standard status Active
Size 17,000 SF
Zoning Central Business District

Additional Details

Road Access Yes

Taxes and HOA fees

Annual Taxes $3,690

Building Details

Buildings 1
Stories 2
Construction brick
Listing Agency: EXP Realty LLC
Listed By: Jessica Renfrow
Source: Exprealty
Added: Oct 15 Changed: Oct 21 Last Checked: Oct 21 at 2:14AM

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 EXP Realty LLC

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Investment Insights

Based on property information with market context.

This two-story brick retail property contains nearly 17,000 square feet in downtown Independence. The building previously operated as a bar, and its layout may accommodate restaurant, entertainment, retail, or office concepts. The upper floor adds space for storage or business expansion, with potential for other uses described for the property.

Located in the Central Business District at 301 N Penn Ave, the building has street and alley access, along with off-street parking.

Key Highlights

  • Nearly 17,000 square feet in a two‑story brick commercial building
  • Located in the Central Business District in downtown Independence
  • Street and alley access, with off‑street parking

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Auto Parts Store Skin Care Clinic Restaurant Grocery & Convenience 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

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

741
Businesses Nearby
96k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 78% Shops & Services 20% Home Improvements & Furnishings 2%
Braum's Ice Cream & Dairy Stores Dining
20,474 visits/mo 0.4 miles
McDonald's Dining
15,260 visits/mo 0.4 miles
Phillips 66 Shops & Services
14,172 visits/mo 0.4 miles
Taco Bell Dining
10,046 visits/mo 0.4 miles
SONIC Drive In Dining
8,552 visits/mo 0.5 miles

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 Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Retail space - A street-facing commercial layout includes a ground-floor business area and additional space on the upper level.
Where is this retail space located?
The property is located at 301 N Penn Ave Independence, KS.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Nearly 17,000 square feet in a two‑story brick commercial building; Located in the Central Business District in downtown Independence; Street and alley access, with off‑street parking
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