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101 N Pennsylvania Avenue, Independence, KS 67301
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$345,000
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Home Details for 101 N Pennsylvania Avenue
Price
$345,000
Type
Commercial/Industrial
Year Build
1910
Lot Size
0.07
County
Montgomery
Tax
$10,963
MLS®️ Listing#
2535223
On exitrealty.com
320 days
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!
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- House Interior
- In-Law Floorplan
- Utilities
- Electricity Available
- Parking
- On Street
Listing Courtesy: Keller Williams Realty Select - 620-330-1367
Based on information submitted to the MLS GRID as of 2026-01-15 08:46:53. 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.
Last Updated: 2026-01-15 08:46:53
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$345,000
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EXIT REALTY PROFESSIONALS
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