About This Home

This 0-bedroom, 0-bathroom commercial at 107 N Pennsylvania Ave in Independence, KS is listed for $520,000. Built in 1906, on a 0.14 acres lot.

Key Features

  • Built in 1906
  • 0.14 acre lot

Property Details

1906
Listing 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 functional 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:

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

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 107 N Pennsylvania Ave is listed at $520,000. The estimated monthly payment is $2,781 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

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

This property is listed by Jamie Reister.

JR

Jamie Reister

Agent at L2 Realty, Inc

Listed by L2 Realty, Inc · Broker phone: 620-577-4487

MLS# 11777726· Source: My State MLS· 176 days on PropertySimple

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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