1819 Pennsylvania Ave Independence, KS 67301
This exceptional investment opportunity presents a 1-story, 0.26-acre storefront located at 1819 N Pennsylvania Avenue in Independence, Kansas (zip code 67301). Built in 1962, this property boasts a prominent corner location with ample parking, offering excellent visibility and accessibility along Highway 75. Currently occupied by a long-term coin shop (over 20 years) and a salon/massage business, the building presents a dual-income stream potential. Each tenant space includes its own bathroom, HVAC system, and water access. The salon area features a kitchenette, while the coin shop retains storage space from its previous use as a liquor store. The asking price is $65,000. The property's high-traffic location and existing businesses make it an ideal investment for a savvy buyer seeking immediate income or a chance to establish their own business. The building's versatile layout allows for various uses, making it a flexible and attractive option for a wide range of entrepreneurs. The existing signage on the corner provides excellent visibility for any new business. Don't miss this chance to acquire a well-positioned retail property in a thriving Kansas community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.