420 S Main Street
Independence, MO 64050
- – beds
- – baths
- – sqft
- ~3/4 acre lot
- 1970 build
- – on site
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.
Last checked:
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Last updated Feb 20, 2025
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MLS# 2531952 —
The Building
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Year Built:1970
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Age Description:51-75 Years
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Construction Materials:Brick, Concrete, Slab Construction
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Roof:Composition
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Basement:false
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Unit Type:1 Bedroom, 2 Bedroom
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# of Units Total:12
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Stories Total:2
Interior
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Laundry Features:Inside
Financial & Terms
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Listing Terms:Cash, Other, Owner May Carry
Location
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Directions:Coming from I-70, head North on 291 and turn west on 23rd Street, then turn north on main St. Building is on the left across from Elm St.
The Property
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Property Type:Residential Income
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Property Subtype:Apartment
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Property Condition:Under Construction
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Parcel Number:26-230-40-16-00-0-00-000
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Lot Size SqFt:30927.6
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Lot Size Area:0.71
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Lot Size Units:Acres
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Zoning:PUD 18
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In Flood Plain:No
Listing Agent
- Contact info:
- Agent phone:
- (816) 289-7092
- Office phone:
- (888) 220-0988
Taxes
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Tax Total Amount:7505
Heating & Cooling
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Cooling:None
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Cooling:false
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Heating:None
Utilities
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Utilities:Other
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Sewer:City/Public
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Water Source:No Water
Schools
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High School District:Independence
The Community
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Subdivision Name:Independence Old Town
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Association:false
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Association Fee Frequency:None
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Type Of Management:Owner Manager
Parking
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Garage:false
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Parking Total:28
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Parking Features:Off Street, Paved
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
2/19/25
Feb 19, 2025
|
Listed / Active | HMLS | $450,000 |
