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118 W Locust St 2,520 SF Office Building Independence, KS 67301 $218,000 ($86.51/SF)
Investment Highlights
- Prime downtown location with excellent visibility and foot traffic.
- Historic charm with modern potential for customization.
- Versatile floor plan suitable for retail, office, or mixed use.
Executive Summary
Owner or investment opportunity for a stand alone building in the downtown area. Prime corner lot location with curb cuts on two streets and paved parking for 10 plus vehicles. Currently occupied by 2 accounting firms but could be converted back to a single occupancy. The owner has made substantial improvements to the building inside and out and a list is attached. Currently there is one gas meter and 2 electric meters; the central heat & air for the W. suite have been recently replaced. The parking lot has been recently resurfaced, sealed and striped and the roof is 6-7 years old per previous owner. So many possibilities and potential for this property!
Property Facts
Sale Type
Owner User
Property Type
Office
Building Size
2,520 SF
Building Class
C
Year Built/Renovated
1964/2024
Price
$218,000
Price Per SF
$86.51
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
2,520 SF
Building FAR
0.18
Lot Size
0.32 AC
Zoning
Commercial - Commercial Zoning
Parking
10 Spaces (3.97 Spaces per 1,000 SF Leased)
1 1
Walk Score®
Very Walkable (71)
Property Taxes
| Parcel Number | 099-30-0-30-15-003.00-0 | Improvements Assessment | $26,230 |
| Land Assessment | $2,930 | Total Assessment | $29,160 |
Property Taxes
Parcel Number
099-30-0-30-15-003.00-0
Land Assessment
$2,930
Improvements Assessment
$26,230
Total Assessment
$29,160
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118 W Locust St
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