101 N Pennsylvania Avenue, Independence, KS 67301

$335,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

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!

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Amber Gregory of Keller Williams Realty Select.

The data relating to real estate displayed on this website comes in part from the Heartland Multiple Listing Service database compilation. The properties displayed on this website may not be all of the properties in the Heartland MLS database compilation, or all of the properties listed with other brokers participating in the Heartland MLS IDX program. Detailed information about the properties displayed on this website includes the name of the listing company.

The information displayed on this page is confidential, proprietary, and copyrighted information of Heartland Multiple Listing Service, Inc. (“Heartland MLS”). Copyright 2026, Heartland Multiple Listing Service, Inc. Heartland MLS and the company represented by this website 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 noncommercial purpose of identifying a property in which the recipient has a good faith interest in acquiring. Data last updated . Terms of Use