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.
Sold
Price Unknown
420 S Main St, Independence, MO 64050
--beds
0baths
--sqft
Apartment
Built in 1970
-- sqft lot
$399,400 Zestimate®
$--/sqft
$-- Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: August 01, 2025 at 11:05am
Listing Provided by:
Monte Nordeen 816-289-7092,
Platinum Realty LLC,
Josh Metzger 816-463-1935,
Platinum Realty LLC
Bought with:
Monte Nordeen, 2018030132
Platinum Realty LLC
Source: Heartland MLS as distributed by MLS GRID,MLS#: 2531952

Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- None
Cooling
- None
Appliances
- Laundry: Inside
Features
- Has basement: No
Property
Parking
- Total spaces: 28
- Parking features: Off Street, Paved
Lot
- Size: 0.71 Acres
Details
- Parcel number: 26230401600000000
- Zoning: PUD 18
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Apartment
Materials
- Brick, Concrete
- Foundation: Slab
- Roof: Composition
Condition
- Under Construction
- New construction: Yes
- Year built: 1970
Utilities & green energy
- Sewer: Public Sewer
- Water: None
- Utilities for property: Other
Community & neighborhood
Location
- Region: Independence
- Subdivision: Independence Old Town
HOA & financial
HOA
- Has HOA: No
Other
Other facts
- Listing terms: Cash,Other,Owner May Carry
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Estimated market value
$399,400