L2 Realty, Inc
Listed by L2 Realty, Inc
$520,000
107 N Pennsylvania Ave
Details
Property Type Land
Sub Type Commercial
Year Built 1906
Acreage 0.140
Land | 0.14 acres
Marketing 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:
Listing Contacts
L2 Realty, Inc
Listed by L2 Realty, Inc
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?



























































