125 W State Street
Kennett Square, PA 19348
- – beds
- – baths
- 3,922 sqft
- 1,850 sqft lot
- $305 per sqft
- 1910 build
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.
Listing courtesy of BRIGHT / BHHS Fox & Roach - Hockessin
Last checked:
Checking…
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Last updated Nov 1, 2024
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MLS# PACT2075484 —
The Building
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Year Built:1910
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Year Built Source:Assessor
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Year Major Reno/Remodel:2014
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New Construction:No
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Construction Materials:Brick
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Structure Type:Detached
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Architectural Style:Colonial
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Building Levels:3
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Building Units Total:4
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Accessibility Features:None
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Foundation Details:Stone
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Total SqFt Source:Assessor
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Total Below Grade SqFt Source:Assessor
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Tax Total Finished SqFt:3922
Interior
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Flooring Type:Wood, Partially Carpeted
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Fireplace:No
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Wall & Ceilings:Plaster Walls
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Living Area SqFt Source:Assessor
Room Dimensions
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Total SqFt:3922
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Living Area SqFt:3,922 Sqft
Financial & Terms
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Sale Type:Standard
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Possession:Negotiable, Immediate
Location
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Directions:From Union & State Rd, continue on State Rd for 300'. Building is on your right. Street parking for showings. Rear parking lot has designated tenant parking.
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Cross Street:Union
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Latitude:39.84669800
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Longitude:-75.71276000
The Property
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Property Type:Multi-Family
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Property Subtype:Quadruplex
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Lot Size Units:Square Feet
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Lot Size Acres:0.04
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Lot Size Source:Estimated
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Lot Size Dimensions:36 x 50
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Lot Dimensions Source:Estimated
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Lot Features:Backs - Open Common Area, Private, Rear Yard
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Lot SqFt:1,850 Sqft
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Zoning Description:Borough of Kennett Square: C-1 "Primary Retail District" / Land Use R30 Res: Multi-Fam/Dorms/Single
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Zoning:C-1 / R30 RES
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Other Structures:Above Grade, Below Grade
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Water View:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Land Use Code:R30
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (302) 304-2265
- Office phone:
- (302) 999-9999
Taxes
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Tax ID Number:03-02 -0196
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Tax Year:2023
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Tax Lot:0196
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Tax Annual Amount:$6,365
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Tax Assessed Value:$130,630
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Year Assessed:2024
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School Tax:4275.0
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County Tax:594.00
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City/Town Tax:1495.00
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Total Taxes Payment Frequency:Annually
Heating & Cooling
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Cooling Type:Window Unit(s)
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Central Air:No
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Cooling Fuel:Electric
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Heating:Yes
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Heating Type:Baseboard - Hot Water, 90% Forced Air
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Heating Fuel:Natural Gas
Utilities
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Sewer/Septic:Public Sewer
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Hot Water:Electric
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Water Source:Public
Schools
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School District Name:Kennett Consolidated
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School District Source:Listing Agent
The Community
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Pool:No Pool
Parking
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Total Garage and Parking Spaces:10
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Garage:No
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Type of Parking:Parking Lot
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Parking Features:Asphalt Driveway, Private
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Parking Lot - # of Spaces:10
Extra Units
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Vacation Rental:No
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Units Furnished:None
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One Bedroom Units:1
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Two Bedroom Units:1
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Three Bedroom Units:2
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
10/31/24
Oct 31, 2024
|
Listed / Active | BRIGHT | $1,200,000 |