107 W STATE STREETKENNETT SQUARE, PA 19348

Multi-Family · 2,792 Sq. ft. | 0.03 Acres
$625,000 ACTIVE

107 W STATE STREET Overview

Time on Site:
112 days
Visits:
57

Prime mixed-use investment opportunity in the heart of downtown Kennett Square! This two-unit property features a versatile first-floor retail or professional office space (buyers should confirm acceptable uses with the Borough of Kennett Square) and a second-floor residential apartment with 2 bedrooms + bonus room and 1 bath, currently leased and tenants would like to stay. Th commercial space offers tall ceiling with beautiful hardwood flooring and a updated bathroom with storage closet to the back. Located on the borough's main thoroughfare, this property benefits from steady foot traffic and exceptional visibility in one of Chester County's most vibrant walkable downtowns. Kennett Square is renowned as the Mushroom Capital of the World with a dynamic calendar of community events including the annual Mushroom Festival, Summer Third Thursday dining on State Street, farmers markets, brewfests, parades and more that draw locals and visitors alike.

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107 W STATE STREET Facts & Features

  • Type Multi-Family
  • Sq. ft. 2,792
  • Price/Sq.ft. $224
  • Lot 0.03 Acres

Details

General

Income/Expenses

  • Existing Lease Type: Long Term

Listing Information

  • Real Estate Owned: No
  • Short Sale: No

Building Information

  • New Construction: No
  • Pool: No Pool
  • Total SQFT: 2792
  • Year Built: 1900

Location/Region

  • Country: US
  • County: CHESTER
  • County Or Parish: CHESTER
  • MLS Area Major: Kennett Square Boro (10303)

Parking Information

  • Type of Parking: On Street

Tax Information

  • County Tax: 447.00
  • County Tax Payment Frequency: Annually
  • School Tax: 3027.00
  • Tax Annual Amount: $4,464.00
  • Tax Assessed Value: 86500.00
  • Tax Year: 2025

General Information

  • Exclusions: All tenants personal belongings
  • Inclusions: Display case in commercial space
  • Property Sub Type: Duplex
  • Property Type: Multi-Family
  • Rent Control: No
  • School District Name: KENNETT CONSOLIDATED
  • Special Listing Conditions: Standard
  • Vacation Rental: No
  • Year Assessed: 2025
  • Zoning: C-1

Unit Information

  • Other Units: Unit 1,Unit 1

Interior

Building Information

  • Cooling Fuel: Electric
  • Heating Fuel: Natural Gas

Parking Information

  • Garage: No

Building Exterior/Construction

  • Structure Type: Other

Building Interior

  • Above Grade Finished Area: 2792
  • Above Grade Finished Area Source: Estimated
  • Above Grade Finished Area Units: Square Feet
  • Central Air: Yes
  • Hot Water: Electric

General Information

  • Accessibility Features: None
  • Appliances: Dryer, Refrigerator, Stove, Washer
  • Cooling: Central A/C, Window Unit(s)
  • Door Features: Six Panel
  • Electric: 100 Amp Service
  • Fireplace: No
  • Flooring: Carpet, Hardwood
  • Foundation Details: Stone
  • Interior Features: Bathroom - Stall Shower, Family Room Off Kitchen, Kitchen - Eat-In
  • Living Area: 2792
  • Living Area Source: Estimated
  • Rooms Total: 6
  • Stories Total: 3
  • Units Furnished: None

Unit Information

  • One Bedroom Units Count: 0
  • Single Room Units Count: 1
  • Three Bedroom Units Count: 0
  • Two Bedroom Units Count: 1

Exterior

Lot Information

  • Lot Size Source: Estimated
  • Lot Size Square Feet: 1307.00
  • Lot Size Units: Square Feet
  • Water Source: Public

Waterfront/View

  • Water Oriented: No
  • Water View: No
  • Waterfront: No

Building Exterior/Construction

  • Architectural Style: Other
  • Construction Materials: Brick Front
  • Roof: Flat

General Information

  • Exterior Features: Roof Deck
  • Number Of Units Leased: 1
  • Number Of Units Mo Mo: 0
  • Number Of Units Total: 2
  • Number Of Units Vacant: 1
  • Other Structures: Above Grade
  • Sewer: Public Sewer
  • Water Access: No

Unit Information

Unit 1 Details

  • Unit Type: Unit 1

Unit 2 Details

  • Unit Type: Unit 1
  • Beds Total: 2

107 W STATE STREET Neighborhood

Community

19348 (KENNETT SQUARE) Demographics

44
Median Age
634
Population Density (per sq. mile)
58%
College Educated
$96,729
Estimated Median Income
6,292
Estimated Total Home Owners
2,648
Estimated Total Renters
70% / 30%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

107 W STATE STREET Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

107 W STATE STREET Market Data

Based on the last 30 days in this zip code

$819,014
Average List Price
$280
Average Price per Square Foot
29
Properties Sold
118
Average Days on Market
122
Properties for Sale
Calculations provided by Reliance Network

107 W STATE STREET History

Date Event Value Agent
5/30/2026Source: BRIGHT MLS Price Reduction
$625,000 -3.8%
5/30/2026Source: BRIGHT MLS Price Reduction
$625,000 -3.8%
3/10/2026Source: BRIGHT MLS Added to Database
March 10, 2026
3/5/2026Source: BRIGHT MLS Status Change
ACTIVE
2/26/2026Source: BRIGHT MLS Added to Database
February 26, 2026
Listing provided courtesy of RE/MAX Ace Realty- MLS# PACT2119306MLS ProviderContact Information: [email protected] - 4847120009