111 W State Street Kennett Square, PA $ 1,000,000
111 W State Street
$ 1,000,000
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111 W State Street

Kennett Square, PA, 19348
$ 1,000,000
Bedrooms-- Baths-- Sq 4,752

Monthly Estimate*

$ 6,314

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Commercial Property for sale in Kennett Square, PA

for $1,000,000. This 4,752 square foot building was built in 1910 on a lot size of 0.06.

Income-Producing Mixed-Use Property in the Heart of Historic Kennett Square. An exceptional investment opportunity awaits in the heart of historic Kennett Square! This fully occupied mixed-use property offers positive cash flow, established income, and excellent potential for future growth. The commercial space features updated electric and plumbing, new fire-rated ceiling tiles and lighting, high ceilings, and a spacious, inviting public area. Additional amenities include a generous kitchen, private office area, and a connected storage unit, providing flexibility for a variety of business uses. The second floor features a stylish four-bedroom, two-full-bath apartment with an updated kitchen and beautifully renovated baths. The spacious bedrooms, welcoming living room and dining area, abundant storage, and private laundry room create a comfortable and highly desirable residential space. With a strong existing income stream, quality updates, and a prime location in the heart of Kennett Square, this property offers an ideal combination of investment potential, versatility, and long-term upside. Whether you're an investor seeking an income-producing asset or an owner looking for a property with multiple possibilities, this opportunity is not to be missed.

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Commercial Active

Price

$ 1,000,000

Property Type

Commercial

Taxes

$ 7,722

Style

Flex

Lot Size

0.06

Year Built

1910

Town/City

Kennett Square

County/Region

Chester

MLS | Web ID

PACT2134948

Features
Interior
Heating Fuel Natural Gas
Flooring Ceramic Tile Concrete Engineered Wood Hardwood Laminate Plank Laminated Tile/Brick Vinyl Other
Hot Water Electric Multi-tank Natural Gas
Heating Y/N Y
Central Air Y/N Y
Total Restrooms 4
Number of Elevators 0
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General
Sewer Public Sewer
Heating Hot Water
Cooling Ceiling Fan(s) Central A/C Ductless/Mini-Split Window Unit(s)
Utilities Other
Possession Negotiable
Roof Flat
Zoning C-1
Construction Materials Block Combination Composition Concrete Copper Plumbing CPVC/PVC Cast Iron Plumbing Masonry Mixed Plumbing Other
Exclusions Tenant property and equipment.
Year Built 1910
Electric 200+ Amp Service
View Street City
Topography Town Center
Property Subtype Mixed Use
Tax Year 2026
Ownership Fee Simple
Cool Fuel Electric
Municipality KENNETT SQUARE BORO
Gross Income 68449.00
Business Type Flex
Accessibility None
County CHESTER
Net Operating Income 50767.00
Operating Expense 19682.00
Insurance Expense 3400.00
New Construction N
Property Type Commercial Sale
MaintenanceExpense 5000.00
Subdivision Name KENNETT SQ
Possible Use Apartments Bar/Tavern/Lounge Barber/Beauty Clothing Commercial Convenience Store Flex Space Food & Beverage Food Market Investment Mixed Use Office Restaurant Other
Water Access Y/N N
Status ACTIVE
Directions RT 1 South to exit Kennett Square follow to W State ST
City KENNETT SQUARE
Number Of Units Total 2
MLS Area Kennett Square Boro (10303)
Lot Size Units Square Feet
Lot Size Square Feet 2421.00
Tax Annual Amount 7722.0
Property Condition Excellent
Price Per Sq Ft Total AG 210.44
Acceptable Financing Cash Conventional
Association Fee 0.00
Lease Considered Y/N N
Vacation Rental Y/N N
Location Type Business District
Standard Status Active
Year Built Source Estimated
Tax Lot 0201.0100
Total Actual Rent 68449.00
Association Recreation Fee N
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Exterior
Parking Features Public
Lot Features Other
Water Source Public
Inclusions Apartment appliances and window units
Type of Parking On Street
Foundation Details Slab
Water View Y/N N
Building Area Total 4752.00
Lot Size Acres 0.06
Road Surface Type Access - Above Grade Alley Black Top Other
Lot Size Source Assessor
Waterfront Y/N N
Door Features Insulated Six Panel
Land Assessed Value 30490.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 111
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* Excluded Features
List By
Long & Foster Real Estate, Inc.

Broker

vlawson@lnf.com

Email

Affordability Calculator

$6,958
Per Month
91%
9%
0%
Monthly Principal & Interest
$6,314
Monthly Property Taxes
$644
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/2/2026$1,000,000 Listed Price

Map


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111 W State Street, Kennett Square, PA, 19348 is a Commercial Property for sale at $1,000,000 with 4,752 sqft and a lot size of 0.06. 111 W State Street was built in 1910. The property's zip code is 19348 which is in Kennett Square, PA