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Hardware and Gift Storefront
New
For Sale
$500,000

314 N Penn Avenue, Independence, KS 67301

Established hardware and gift retail operation with office, basement, and alley access.

Property Size9,660 SF
Price / SF$51.76
Days on Market4

Property Features for 314 N Penn Avenue

General Information

Standard status Active
Size 9,660 SF
Property subtype Business Opportunity
Zoning C

Taxes and HOA fees

Annual Taxes $4,500

Building Details

Year Built 1900
Buildings 2
Stories 1
Listing Agency: Coldwell Banker Pasternak Johnson
Listed By: Debra Johnson · License #BR00017473
Source: Heartland-realty
Added: Aug 16 Changed: Aug 17 Last Checked: Aug 17 at 10:49PM

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 storefront property includes an established hardware and gift retail operation occupying approximately 9660 sq.ft. The sales area accounts for 7500 sq.ft., supplemented by a small second-level office and a partial unfinished basement. The improvements include a 1/2 bath and 4 heating and air combination units positioned on the roof. The roof is approximately 6 years old per owner.

Located at 314 N Penn Avenue in Independence, Kansas, the property is zoned C and has on-street parking. Access is also available from the alley through one double door and one single door. The business has operated at the property since 1934, with 2 buildings remodeled in the late 60's.

Key Highlights

  • Established hardware and gift retail business operating since 1934
  • Approximately 9660 sq.ft building with 7500 sq.ft sales floor
  • Small second‑level office and partial unfinished basement

Property Analytics

Current Use

Storefront properties

Suggested Use

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

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

741
Businesses Nearby
96k
Monthly Visits Nearby
Under-served
Demand for This Use

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

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Established hardware and gift retail operation with office, basement, and alley access.
Where is this storefront property located?
The property is located at 314 N Penn Avenue Independence, KS.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Established hardware and gift retail business operating since 1934; Approximately 9660 sq.ft building with 7500 sq.ft sales floor; Small second‑level office and partial unfinished basement
More about this property
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