120 E Main Street

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120 E Main Street

Independence, KS 67301
Asking Price
$160K
Asset Type
Storefront Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • The property is available for purchase at 160,000 dollars.
  • This retail storefront is situated at 120 E Main Street.
  • Independence serves as a key commercial hub in southeastern Kansas.
  • The building layout is appropriate for diverse retail or office uses.
  • The location provides consistent street-level visibility in the downtown area.

What's Special

Priced at 160,000 dollars, this retail storefront occupies a prominent position at 120 E Main Street in Independence, Kansas. The property sits within the heart of a local trade area that serves the surrounding Montgomery County population. Its classic storefront layout is well-suited for a variety of small business operations, including boutique retail, professional services, or local creative enterprises looking for accessible street-level visibility. Independence maintains a steady regional economy supported by a mix of agricultural, industrial, and retail activity. Businesses here benefit from a focused customer base within a traditional downtown footprint. Prospective investors or owner-occupiers can leverage the property’s central location to establish a physical presence in a community known for its historical character and consistent commercial traffic patterns.

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NOI
$80,000
Cap Rate
50.00%
DSCR
8.42
Strong
Cash-on-Cash
146.88%
Monthly Payment
$791.593
Annual Cash Flow
$70,500.888

Location & Travel Times