1112 E Main Street, Independence, KS 67301

$115,000

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List Price
$115,000
MLS#
2628689
Status
ACTIVE
Type
Multifamily
Sub Type
Business
Lot Size
239,580
Acres
5.50

Property Description

Some properties come with a history. Others come with possibilities. This one comes with both. Situated on approximately 5.5 acres along one of Independence's busiest corridors, this commercial property has been part of the community for decades. Many know it as the former Townsman Motel. Now it's ready for someone with a vision to write its next chapter. The existing buildings create an excellent foundation for a wide variety of commercial ventures. Investors could renovate the property into a boutique motel or extended-stay lodging for traveling professionals, contractors, or visitors to Southeast Kansas. The layout also lends itself well to workforce housing, transitional housing, or group living with the proper approvals. Looking for something different? The individual buildings could be repurposed into climate-controlled storage units, contractor shops, business storage, or warehouse space. Entrepreneurs may envision office suites, coworking space, medical or professional offices, a training center, nonprofit headquarters, or even a mixed-use commercial development. The 5.5-acre setting also provides room to expand. Additional land could accommodate RV or boat storage, new commercial buildings, outdoor event space, recreational amenities, or future development. Add in access to the Verdigris River, and you've got a property with features that are rarely available in one package. Whether your plans involve restoring, renovating, expanding, or completely reimagining the property, this is an investment that offers room to grow and countless opportunities for the future.

Additional Information

Taxes
$500
Zoning
C

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Listing courtesy of Kristina Fulk of L2 Realty, Inc..

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