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101 W Main St, Independence, KS, 67301

--beds
0baths
4,072sqft
$425,000
$104price/sqft
$3,799/moest. monthly cost
$151,960/yrincome needed

About This Home

Exceptional opportunity to own a fully remodeled, historic commercial building in the absolute heart of downtown Independence, Kansas, located on one of the busiest and most recognized intersections in the city. With outstanding daily traffic counts, prominent visibility, and strong foot traffic, this premier location offers unmatched exposure and long-term business potential. The main level has been extensively renovated throughout while thoughtfully preserving the building's original historic character and charm. Beautiful architectural details blend seamlessly with modern improvements, creating a warm, inviting, and highly functional commercial environment. The open floor plan allows for excellent flow and flexibility, making it ideal for retail, restaurant, cafe, boutique, specialty shop, or a variety of other commercial ventures. A walk-in cooler is already in place, adding immediate value and functionality for food-related operations or businesses requiring cold storage. It is currently a fully fuctioning and operating liquir store that been established over 7 thriving years!!!! This property is currently home to a fully operating, established business, making it a true turnkey opportunity for an entrepreneur or investor. Step in and continue operations, or bring your own vision to life in this highly desirable commercial space. With all major improvements already completed, this building provides peace of mind and allows a new owner to focus on growth and success from day one. The upper level offers additional square footage with incredible potential. This space could be transformed into a private apartment, short-term rental, office space, or additional income-producing unit. The ability to create mixed-use residential and commercial space adds tremendous value and flexibility, whether for owner occupancy or additional rental income. Situated in the center of Independence's thriving downtown district, this property benefits from strong surrounding businesses, community events, and consistent local and visitor traffic. The combination of historic appeal, modern renovations, prime location, and income potential makes this a rare and highly desirable investment opportunity. Whether you're an entrepreneur ready to be your own boss, a business owner looking to expand, or an investor seeking a high-visibility commercial asset, this downtown Independence property offers unlimited potential and immediate opportunity. Lets go look!!!! Property Highlights Fully remodeled historic commercial building in the heart of downtown Independence Prime corner location with high traffic counts, strong visibility, and foot traffic Renovated main level blending historic charm with modern updates Open floor plan ideal for retail, restaurant, cafe, or boutique use Walk-in cooler included Currently a successful, operating liquor store established for 7+ years Turnkey opportunity with immediate income potential Upper level offers space for apartment, office, or rental income

Getting Around

80
WalkingVery Walkable
0
TransitVery Limited Transit
48
BikeSomewhat Bikeable

Schools

Construction

Type & Style

  • Home type: SingleFamily
  • Property subType: Other

Property

Lot

  • Lot size: 2,178 sqft

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate

How This Home’s Risks Compare

Cold Wave
Lightning
Strong Wind
Tornado
Winter Weather
Hail
Heat Wave
Inland Flooding
Ice Storm

FEMA Declared Disasters Across Kansas Counties

Snowstorm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,149$25,788
Home Insurance *$773$9,276
Property Taxes $552$6,624
Electricity $325$3,901
Total$3,799$45,588
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$130,251/yr
40% on housing$113,970/yr
45% on housing$101,306/yr

Kansas FAIR Plan Programs

Kansas All-Industry Placement Facility

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 11,507Commercial: 209
Total Premiums$9.41M
Total Exposure$949,000

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 5.0%
5.0%
0%30.0%
Electricity Growth Rate10-year average: 1.6%
1.6%
0%15.0%
Property Taxes Growth Rate2-year average: 8.9%
8.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$104This listing

vs Other Active Listings

Avg $/sqft

ZIP 67301$90
Montgomery County$87

vs Homes Sold Last Month

Median $/sqft

ZIP 67301$86
Montgomery County$70

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

No price history available

For Sale by Agent

AgentJamie Reister
BrokerageL2 Realty, Inc - Land and Lifestyle Properties

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