125 W State Street, Kennett Square, PA 19348-3020 $995,000

# of Units: 4
Interior Sq. Ft: 3,922
Acreage: 0.04
Age:115 years
Taxes: $6,486
MLS#: PACT2075484
Design/Type:
Detached

Description

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.

Taxes: $6,486
Home Assoc: No
Condo Assoc: No
Garage: N
Basement:
Pool: No Pool
School Dist: Kennett Consolidated

Features

Utilities
90% Forced Air, Baseboard - Hot Water Heating, Natural Gas, Window Unit(s) Cooling, Electric, Hot Water - Electric, Public Water, Public Sewer

Garage/Parking
Parking Lot, Private Parking

Interior
Partially Carpeted Flooring, Wood Flooring, Plaster Walls

Exterior
Stone Foundation, Brick Exterior

Lot
Backs - Open Common Area, Rear Yard, Private Lot

Contact Information

Listing Courtesy of: BHHS Fox & Roach - Hockessin , (302) 999-9999

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Listing data as of 3/15/2025.