116 S BROAD ST new to site

Kennett Square,PA 19348

$ 2075000

- Bed

- Bath

5388 SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 5,388 sqft

Price per Sqft $385

MLS Listing ID PACT2096224

Originating Board BRIGHT

Year Built 1900

Annual Tax Amount $14,260

Tax Year 2024

Lot Size 0.550 Acres

Acres 0.55

Lot Dimensions 0.00 x 0.00

Property Sub-Type Mixed Use

Property Description

Mixed-Use Portfolio in Kennett Square
Borough
• In Place Cap Rate of 6.75%
• High Profile Block of South Broad Street
• Direct Access to All Borough
Restaurants & Retail
• Four (4) Apartments and (6) Six
Commercial Spaces
• Fully Leased with 3 New Commercial
Tenants at 120 / 116 S Broad Street
• On-Site Parking w/ Extra 2 Car Garage
for Parking or Storage
• High Visibility Signage for Commercial
Tenants

Location

State PA

County Chester

Area Kennett Square Boro (10303)

Zoning C-1

Interior

Hot Water Other

Heating Other

Cooling None

Heat Source Other

Exterior

Garage Spaces 12.0

Water Access N

Accessibility None

Total Parking Spaces 12

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Kennett Consolidated

Others

Tax ID 03-03 -0129

Ownership Fee Simple

SqFt Source Estimated

Special Listing Condition Standard

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