Active
420 S Main Street
Independence MO, 64050
$450,000
Active
Condos
Built in 1970
Prime Investment Opportunity - 12-Unit Multifamily Conversion on Historic Independence Square
Seize this turnkey investment opportunity in the heart of Uptown Historic Independence Square! This 8,000 sq. ft. building, formerly an office space, has already undergone a zoning change to Multifamily PUD 18 and comes with city-approved, stamped architectural drawings--ready for you to bring this project to life.
Plans propose 12 apartment units, including five 1-bedroom, 1-bath units and seven 2-bedroom, 1-bath units, with estimated gross rents of $15,000 per month. With 28 dedicated parking spaces, tenants will enjoy ample parking in a high-demand area.
Located just 900 feet from The Delaware Event Space & Coffee on Main Street, this property is fully supported by the South Main Street community, The Square, and the Mayor's office. Tenants will be steps away from coffee shops, movie theaters, restaurants, shopping, and city events--offering the perfect blend of historic charm and modern convenience.
All the groundwork has been done--this project is teed up and ready for completion. Don't miss your chance to own a prime multifamily asset in a thriving location!
?? Contact us today for details and to schedule a viewing! Owner is a licensed agent.
2531952
MLSⓇ ID
February 19, 2025
Listed
February 20, 2025
Updated
Interior Features
Total Stories
2
Laundry Description
Inside
Fireplace
No
Cooling
No
Cooling Description
None
Heating
No
Heating Description
None
Exterior/Building Features
Lot Size
0.71 Acres
Roof
Composition
Sewer
City/Public
School Information
School District
Independence
Other Property Details
Area Name
206 - Independence Area
Garage
No
Parking
Off Street, Paved
Parking Total
28
View
No
County
Jackson
Water Source
No Water
Pool
No
Utilities
Other
Zoning
PUD 18
Courtesy of Platinum Realty LLC, Monte Nordeen, Josh Metzger
Listing Contact: 816-289-7092
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Data last updated: 2/20/2025, 10:43 PM UTC