201 Pennsylvania AveIndependence, KS 67301

For Sale
$450,000

Historic 3-story building, $450,000

Overview

Added:
Dec 11, 2024
Days on market:
92
This remarkable 52,000 square foot building, originally constructed in 1920 as the Commercial National Bank, presents a unique investment opportunity in Independence, Kansas. The solid concrete structure, including roof and floors, boasts a rich history and impressive features. Significant upgrades include modified roofs (installed approximately 4-5 years ago with a 30-year lifespan) and Kawneer windows (installed in 1997 at an approximate cost of $500,000). The building includes two elevators, one original and one recently updated (work completed September 2021). The functional basement offers ample workspace and two bathrooms. Accessibility features include an ADA entrance and a first-floor ADA bathroom. Two walk-in safes remain, one fully operational. The building retains original architectural details, such as the ornate ceilings and the former boardroom. The property is heated by a steam system with an annually inspected boiler (replaced in 1994). Currently 50% occupied, significant office space is available, including former pharmacy and restaurant areas. The 0.23-acre lot is located at 201 N Pennsylvania Avenue, Independence, KS 67301. Detailed financials are available to qualified buyers upon request. This landmark building offers substantial potential for a variety of uses.

Highlights

  • Asking price: $450,000
  • Special purpose property built in 1920, three stories, situated on a 0.23-acre lot in Independence, KS.
  • 52,000 square feet total building area (including basement), concrete construction with modified roofs (approx. 4-5 years old) and Kawneer windows (installed 1997).
  • Features two elevators (one original, updated work completed), ADA-compliant entrance and restroom, and two walk-in safes.
  • 50% occupied, with large office spaces available, including former pharmacy and restaurant areas. Financials available to qualified buyers.

Property Details for 201 Pennsylvania Ave

Property type
Other specialty properties, Specialty properties
Year Built
1920
Stories
3
Lot Size (sq. ft)
10,019 SF

Location Insight

City
Independence
County
Montgomery
State
Kansas
Latitude
37.2245785
Longitude
-95.7069854
201 Pennsylvania Ave, Independence, Kansas

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
201 Pennsylvania Ave
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message