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.
For sale
Price cut: $49K (5/5)
$850,000
125 W State St, Kennett Square, PA 19348
9beds
--baths
3,922sqft
Est.:
Quadruplex
Built in 1910
-- sqft lot
$829,600 Zestimate®
$217/sqft
$-- HOA
What's special
- 192 days
- on Zillow |
- 960 |
- 42 |
Zillow last checked: 7 hours ago
Listing updated: May 05, 2025 at 03:22am
Listed by:
Chris Black 302-304-2265,
BHHS Fox & Roach - Hockessin (302) 999-9999
Source: Bright MLS,MLS#: PACT2075484

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
Basement
- Area: 0
Heating
- Baseboard, Forced Air, Natural Gas
Cooling
- Window Unit(s), Electric
Appliances
- Included: Electric Water Heater
Features
- Plaster Walls
- Flooring: Wood, Carpet
- Has fireplace: No
Interior area
- Total structure area: 3,922
- Total interior livable area: 3,922 sqft
Property
Parking
- Total spaces: 10
- Parking features: Asphalt, Private, Parking Lot
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 1,850 Square Feet
- Dimensions: 36 x 50
- Features: Backs - Open Common Area, Private, Rear Yard
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 0302 0196
- Zoning: C-1 / R30 RES
- Zoning description: Borough of Kennett Square: C-1 "Primary Retail District" / Land Use R30 Res: Multi-Fam/Dorms/Single
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial
- Property subtype: Quadruplex
Materials
- Brick
- Foundation: Stone
Condition
- New construction: No
- Year built: 1910
- Major remodel year: 2014
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Kennett Square
- Municipality: KENNETT SQUARE BORO
Financial & listing details
- Price per square foot: $217/sqft
- Tax assessed value: $130,630
- Annual tax amount: $6,486
- Date on market: 11/1/2024
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
- Total actual rent: 68230
- Income includes: Apartment Rentals
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