201 Pennsylvania Ave Independence, KS 67301
- Specialty properties
- 0.23 lot acres
Current Use by Public Records
- Specialty properties
Property Details for 201 Pennsylvania Ave
- Year built
- 1920
- Lot size
- 0.23 lot acres
- Property type
- Specialty properties
Description
This remarkable 52,000 square foot building, originally constructed in 1920 as the Commercial National Bank, presents a unique investment opportunity in Independence, Kansas. The solid concrete structure, including roof and floors, boasts a rich history and impressive features. Significant upgrades include modified roofs (installed approximately 4-5 years ago with a 30-year lifespan) and Kawneer windows (installed in 1997 at an approximate cost of $500,000). The building includes two elevators, one original and one recently updated (work completed September 2021). The functional basement offers ample workspace and two bathrooms. Accessibility features include an ADA entrance and a first-floor ADA bathroom. Two walk-in safes remain, one fully operational. The building retains original architectural details, such as the ornate ceilings and the former boardroom. The property is heated by a steam system with an annually inspected boiler (replaced in 1994). Currently 50% occupied, significant office space is available, including former pharmacy and restaurant areas. The 0.23-acre lot is located at 201 N Pennsylvania Avenue, Independence, KS 67301. Detailed financials are available to qualified buyers upon request. This landmark building offers substantial potential for a variety of uses.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Independence
- County
- Montgomery
- State
- Kansas
- Longitude
- -95.707
- Latitude
- 37.2246
