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About This Home

This 0-bedroom, 0-bathroom commercial at 107 N Pennsylvania Ave in Independence, KS is listed for $520,000 ($104 per sqft). Built in 1906, the home offers 5,000 sqft of living space on a 0.14 acres lot.

Agent Description

Founders Place | Prime Downtown Independence Investment Opportunity Welcome to Founders Place - an exciting opportunity to own not only a well-established operating business, but also a highly visible commercial building in the heart of downtown Independence.

Whether you're an investor looking to expand your portfolio or an entrepreneur searching for a property with built-in income potential, this one offers flexibility, character, and room for growth. This multi-use commercial property features several office spaces that are currently rented, providing immediate income while still leaving opportunity for future expansion.

The building includes bathrooms on both the first and second floors, a basement for additional storage or operational space, and convenient parking for tenants and visitors. With excellent curb appeal and strong street visibility, Founders Place is positioned in a location that naturally draws attention and traffic.

One of the most exciting features of this property is the additional upside potential. Three units are currently under construction and awaiting your final touch, allowing the next owner to customize the spaces to fit their vision - whether that means additional office rentals, retail, boutique space, creative studios, or expanded business opportunities.

The groundwork has already begun, leaving endless possibilities for growth and added income. If you've been searching for a turnkey commercial investment with existing rental income, future development opportunity, and a prominent downtown presence, Founders Place deserves a closer look.

Property Highlights: Operating business and commercial building being sold together Multiple office spaces currently leased/rented Income-producing opportunity from day one Three additional units under construction and ready for your finishing touches Bathrooms on both the first and second floors Basement for storage or additional functiona

l space Convenient parking for tenants and customers Excellent curb appeal and strong street presence High visibility location in downtown Independence Endless opportunities for continued growth and investment potential For more information or to schedule a private showing, contact:

Key Features

  • Built in 1906
  • 0.14 acre lot

Property Details

1906

Monthly Cost Estimate

$2,781/mo

20% down · 6.5% · 30 years

Principal$376
Interest$2,253
Insurance$152

Estimates only. Actual payments may vary.

Location

107 N Pennsylvania Ave

Independence, KS 67301

Property Details

Parking

Garage

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 107 N Pennsylvania Ave is listed at $520,000 ($104/sqft). The estimated monthly payment is $2,253 based on 20% down at 6.5% interest.

Key features include: Built in 1906, 0.14 acre lot.

This property is listed by Jamie Reister and can be reached at 6205774487 or jreister@L2realtyinc.com.

JR

Jamie Reister

Agent at L2 Realty, Inc

(620) 577-4487

Listed by L2 Realty, Inc · View on Broker Site

MLS# 11777726· Source: listhub· Updated 25 days ago

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

107 N Pennsylvania Ave, Independence, KS 67301

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