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    211 Myrtle St Independence, KS 67301

    For Sale
    $290,000

    7,000 SF Office & Land, $290,000

    Property size:
    7,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This remarkable 7,000-square-foot commercial property at 211 West Myrtle Street in Independence, Kansas, presents a unique investment opportunity. A designated historical landmark, this building boasts a rich history, having served as a car dealership, bowling alley, and dance hall throughout the 20th century. The stunning entryway features a grand light fixture, tile flooring, and impressive windows, setting the tone for the entire space. A mezzanine level with hardwood floors offers a unique perspective of the main floor. The second floor includes a fully equipped kitchen, ample storage, men's and women's restrooms, a large hallway, and sixteen offices. Newer windows enhance the second-floor efficiency. Downstairs, a three-quarter bathroom with a shower and substantial storage are accessible from the alley. The building's overall condition is excellent, and its C-Commercial and Industrial zoning provides versatility. The county records indicate a total square footage of 7,000. This property is a rare find, combining historical charm with modern functionality, making it ideal for a variety of commercial uses. The original sign from the Petersons' bowling alley and grill remains in a conference room, a testament to the building's captivating past. This is a truly exceptional opportunity to own a piece of Independence's history. The property includes both office space and land, offering significant potential for future development or expansion.

    Property Features for 211 Myrtle St

    General Information

    Property type
    Land
    Square Feet
    7,000 SF

    HighLights

    • 7,000 SF commercial building at 211 West Myrtle Street, Independence, KS.
    • Designated historical landmark with versatile C‑Commercial and Industrial zoning.
    • Features a stunning entryway, mezzanine level with hardwood floors, and a fully equipped kitchen on the second floor.
    • Second floor also includes 16 offices, ample storage, and restrooms.
    • Ground floor offers substantial storage and a three‑quarter bathroom accessible from the alley.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Dart Oil & Gas ... Gas Company Redbud Oil & Natural Gas Company Blakeslee Motor Company ... Heritage Building

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Independence
    County
    Montgomery
    State
    Kansas
    Longitude
    -95.7087577
    Latitude
    37.2240669

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    FAQs

    What type of property is this?
    Land - 7,000 SF Office & Land, $290,000
    Where is this land located?
    The property is located at 211 Myrtle St Independence, KS.
    What is the asking price?
    The asking price for this property is $290,000.
    What are key features of this property?
    This property features: 7,000 SF commercial building at 211 West Myrtle Street, Independence, KS.; Designated historical landmark with versatile C-Commercial and Industrial zoning.; Features a stunning entryway, mezzanine level with hardwood floors, and a fully equipped kitchen on the second floor.
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    Independence, KS 67301
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    211 Myrtle St Independence, KS 67301
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