801 Penn Ave Independence, KS 67301-2708
This exceptional 0.45-acre retail property located at 801 N Penn N/a, Independence, KS, presents a unique investment opportunity. Built in 1984, this custom-designed building boasts 179,000 USD asking price and offers versatile space ideal for retail, office, or restaurant use. The interior features a spacious showroom with attractive wood vaulted ceilings and two large bay windows, providing ample natural light. A well-equipped workspace includes a separate office, a dedicated workroom, and a convenient kitchen area. Additional storage is available in a garage and the attic above. The property also includes three floral coolers, a recently updated phone system (installed two years ago), a modern intercom system, and brand new LED lighting throughout. Two half-bathrooms cater to customer and employee needs. Exterior features include attractive landscaping enhanced by an automatic sprinkler system. While the current floral fixtures and inventory are included in the sale, the existing business name and family furnishings will not be transferred. This property's prime location and exceptional curb appeal make it a truly one-of-a-kind opportunity. Don't miss this chance to own a versatile and well-maintained commercial space in a thriving community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2019Comparables
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.