125 W STATE ST Coming Soon

Kennett Square,PA 19348

$ 1200000

- Bed

- Bath

3922 SqFt


Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Coming Soon

Purchase Type For Sale

Square Footage 3,922 sqft

Price per Sqft $305

MLS Listing ID PACT2075484

Style Colonial

Abv Grd Liv Area 3,922

Originating Board BRIGHT

Year Built 1910

Annual Tax Amount $6,365

Tax Year 2023

Lot Size 1,850 Sqft

Acres 0.04

Lot Dimensions 36 x 50

Property 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.

Location

State PA

County Chester

Area Kennett Square Boro (10303)

Zoning C-1 / R30 RES

Interior

Hot Water Electric

Cooling Window Unit(s)

Flooring Wood,Partially Carpeted

Fireplace N

Heat Source Natural Gas

Exterior

Garage Spaces 10.0

Waterfront N

Water Access N

Accessibility None

Parking Type Parking Lot

Total Parking Spaces 10

Garage N

Building

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

Foundation Stone

Sewer Public Sewer

Water Public

Architectural Style Colonial

Additional Building Above Grade,Below Grade

Structure Type Plaster Walls

New Construction N

Schools

School District Kennett Consolidated

Others

Tax ID 03-02 -0196

Ownership Fee Simple

SqFt Source Estimated

Special Listing Condition Standard

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