




107 N Pennsylvania Ave, Independence, KS, 67301
About This Home
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: with L2 Realty, Inc.
Getting Around
Schools
Construction
Type & Style
- Home type: SingleFamily
- Property subType: Other
Interior
Interior Area
- Total structure area: 5,000
- Total interior livable area: 5,000 sqft
Property
Lot
- Lot size: 6,098 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
- Lightning
- Strong Wind
- Tornado
- Winter Weather
- Hail
- Heat Wave
- Inland Flooding
- Ice Storm
How This Home’s Risks Compare
FEMA Declared Disasters Across Kansas Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,629 | $31,548 |
| Home Insurance * | $946 | $11,352 |
| Property Taxes | $676 | $8,112 |
| Electricity | $399 | $4,790 |
| Total | $4,650 | $55,800 |
Income You'd Need if You Spent...
Kansas FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-20 | Listed for sale | $520,000 |
For Sale by Agent
