Active

125 W State St

Kennett Square PA, 19348

$1,100,000


$280.47 per sqft

Active

9 Beds

3,922 sqft

Multi-family

Built in 1910

This property is a fully occupied quadplex with development opportunity located in the thriving retail district of downtown Kennett Square. With no setback requirements the property can be fully developed. This property presents a unique opportunity for a variety of uses, including retail, offices, restaurants, and special exceptions like hotels or planned developments.

While situated in the historic district, which requires architectural review, neighboring properties demonstrate the potential for substantial expansion. The property's proximity to a public parking garage eliminates the need for on-site parking, making it even more attractive to development.

It is currently configured as 4 apartments 1 bed/1 bath; 2 bed/2 bath; 3 bed / 1 bath; 4 bed / 2 bath.

PACT2075484

MLS ID

November 1, 2024

Listed

December 19, 2024

Updated

Map

125 W State St
Kennett Square PA, 19348

Interior Features

Total Stories

3


Bedrooms

9


Interior Features

Carpet, Wood


Appliances

Electric Water Heater


Floor Description

Carpet, Wood


Fireplace

No


Cooling

Yes


Cooling Description

Window Unit(s)


Heating

Yes


Heating Description

Forced Air, Baseboard, Hot Water, Natural Gas

Exterior/Building Features

Lot Size

0.04 Acres


Architectual Style

Colonial


Sewer

Public Sewer

School Information

School District

KENNETT CONSOLIDATED

Other Property Details

Area Name

KENNETT SQUARE BORO


Taxes

$6,486


Tax Frequency

Annually


Days on Market

49


Garage

No


Parking

Asphalt


Parking Total

10


View

No


County

CHESTER


Water Source

Public


Pool

No


Zoning

Borough of Kennett Square: C-1 "Primary Retail District" / Land Use R30 Res: Multi-Fam/Dorms/Single

Listing History

Date

Event

Price

12/9/2024

Price change

$1,100,000

-9%

Listed by BHHS Fox & Roach - Hockessin
Listing Contact: 3023042265 

The IDX display contains information sourced from the Bright MLS, Inc. as of 12/19/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 12/19/2024 at 11:47 AM UTC

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