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101 N Pennsylvania Avenue

Independence, KS 67301
  • $345,000
  • STATUS: Active
  • ON SITE: 6 Days
  • ID#: 2535223
New On Site 6 Days Ago
UPDATED: 25 min ago
$345,000
  • 0
    BEDS
  • 0.07
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1910
County:

School Ratings & Info

Description

Prime Downtown Investment Opportunity - Corner Lot Building with Stable Tenants! Location: Heart of Downtown 101-110 N Penn Property Type: Mixed-Use Building Lot Type: Corner Lot Investment Highlights: 5 Fully Rented Apartments (Located on the second level) 7 Retail Spaces on the Main Level, with 5 Leased and 2 available for future tenants New Roof, New Sewer Lines, and New Zone Heating & Air Each retail space has its own thermostat for optimal climate control Landlord Pays Water & Gas (Tenants cover electricity) All tenants wish to stay, ensuring a stable income stream Why Invest Here? Prime Downtown Location: A sought-after corner lot in the heart of the city's vibrant downtown. Attractive Cash Flow: 5 apartments with long-term tenants and 7 retail spaces, 5 of which are already filled. Recent Upgrades: The building has received a major investment in infrastructure with a new roof, updated sewer lines, and independent heating/air systems for each retail space. Solid, Steady Income: With the existing tenants eager to stay, you can step into a fully operational building and start earning immediately! The Perfect Opportunity to Invest in Independence! This building is a perfect blend of residential and retail spaces, offering a well-rounded, low-maintenance income stream in a growing, prime location. Whether you're a seasoned investor or just starting, this is the building you've been waiting for! ?? Call Today for More Details and Schedule a Viewing!

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Heartland MLS Terms of Use

The information displayed on this page is confidential, proprietary, and copyrighted information of Heartland Multiple Listing Service, Inc. ("Heartland MLS"). Copyright 2025, Heartland Multiple Listing Service, Inc. Heartland MLS and Ron Henderson & Associates | Keller Williams Northland Partners do not make any warranty or representation concerning the timeliness or accuracy of the information displayed herein. In consideration for the receipt of the information on this page, the recipient agrees to use the information solely for the private non-commercial purpose of identifying a property in which the recipient has a good faith interest in acquiring. The data relating to real estate displayed on this website comes in part from the Heartland Multiple Listing Service database compilation. Data last updated: 2025-03-18T19:45:21.187.

Based on information submitted to the MLS GRID as of 2025-03-18T19:45:21.187 All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.kansascityagent.com/homes/161310748
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101 N Pennsylvania Avenue Independence, KS 67301

  • Price: $345,000
  • Status: Active
  • On Site: 6 Days
  • Updated: 25 min ago
  • ID#: 2535223
0
Beds
0
Baths
0
½ Baths
0.07
Acres
1910
Built
Neighborhood:
496 - Montgomery County, Ks
County:
Montgomery, Ks
Area:
496 - Montgomery County, Ks
Property Description
Prime Downtown Investment Opportunity - Corner Lot Building with Stable Tenants! Location: Heart of Downtown 101-110 N Penn Property Type: Mixed-Use Building Lot Type: Corner Lot Investment Highlights: 5 Fully Rented Apartments (Located on the second level) 7 Retail Spaces on the Main Level, with 5 Leased and 2 available for future tenants New Roof, New Sewer Lines, and New Zone Heating & Air Each retail space has its own thermostat for optimal climate control Landlord Pays Water & Gas (Tenants cover electricity) All tenants wish to stay, ensuring a stable income stream Why Invest Here? Prime Downtown Location: A sought-after corner lot in the heart of the city's vibrant downtown. Attractive Cash Flow: 5 apartments with long-term tenants and 7 retail spaces, 5 of which are already filled. Recent Upgrades: The building has received a major investment in infrastructure with a new roof, updated sewer lines, and independent heating/air systems for each retail space. Solid, Steady Income: With the existing tenants eager to stay, you can step into a fully operational building and start earning immediately! The Perfect Opportunity to Invest in Independence! This building is a perfect blend of residential and retail spaces, offering a well-rounded, low-maintenance income stream in a growing, prime location. Whether you're a seasoned investor or just starting, this is the building you've been waiting for! ?? Call Today for More Details and Schedule a Viewing!
Exterior Features

Exterior Features Display Window Number Of Docks 0 Number Of Drive In Doors 0 Parking Features On Street Road Frontage Type City Street Road Responsibility Public Maintenance Road Surface Type Paved

Interior Features

Interior Features Living Quarters

Property Features

Age Description 101 Years/More Business Type Barber/BeautyOther Current Use Beauty ShopOfficeRetail In Flood Plain No Inside City Limits Yes Leased YN Yes Listing Agreement Exclusive Right To Sell Listing Terms CashConventional Location Features Business DistrictCorner Lot Maintenance Provided YN No Occupancy Description MonthlyTenant Occupied Possession Funding Property Sub Type Retail Sale Includes Building Only Tax Total Amount 10963 Transaction Type Sale Utilities Electric to Site Zoning C & I

Listing information © 2025 Heartland MLS as distributed by MLSGRID.
Listing courtesy of Keller Williams Realty Select.



Heartland MLS Terms of Use

The information displayed on this page is confidential, proprietary, and copyrighted information of Heartland Multiple Listing Service, Inc. ("Heartland MLS"). Copyright 2025, Heartland Multiple Listing Service, Inc. Heartland MLS and Ron Henderson & Associates | Keller Williams Northland Partners do not make any warranty or representation concerning the timeliness or accuracy of the information displayed herein. In consideration for the receipt of the information on this page, the recipient agrees to use the information solely for the private non-commercial purpose of identifying a property in which the recipient has a good faith interest in acquiring. The data relating to real estate displayed on this website comes in part from the Heartland Multiple Listing Service database compilation. Data last updated: 2025-03-18T19:45:21.187.

Based on information submitted to the MLS GRID as of 2025-03-18T19:45:21.187 All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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