525 W STATE STREETKENNETT SQUARE, PA 19348

Commercial · 5,454 Sq. ft. | 0.52 Acres
$1,550,000 ACTIVE

525 W STATE STREET Overview

Time on Site:
96 days
Visits:
21

Exceptional investment opportunity in the heart of Kennett Square. This well-maintained, fully leased six-unit property offers immediate, reliable income with a strong rental history. The building features three 1-bedroom and three 2-bedroom renovated apartments, all well-kept and appealing to long-term tenants. Additional income is generated through an on-site laundry room and rentable storage. Ideally located near local shops, dining, and major routes, residents enjoy the charm and convenience of Kennett Square. A turnkey asset with proven performance, this property is a rare opportunity for investors seeking stable cash flow in a highly desirable market.

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525 W STATE STREET Facts & Features

  • Type Commercial
  • Sq. ft. 5,454
  • Price/Sq.ft. $284
  • Lot 0.52 Acres

Details

General

School Information

  • High School: KENNETT

Listing Information

  • Real Estate Owned: No
  • Short Sale: No

Building Information

  • New Construction: No
  • Year Built: 1910

Business Information

  • Business Type: Apartment Building

Location/Region

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

Parking Information

  • Total Parking Spaces: 6
  • Type of Parking: Parking Lot

Rent/Lease Information

  • Lease Considered: No

Tax Information

  • City/Town Tax: 3778.00
  • City/Town Tax Payment Frequency: Annually
  • County Tax: 1704.00
  • County Tax Payment Frequency: Annually
  • School Tax: 11546.00
  • Tax Annual Amount: $16,816.32
  • Tax Assessed Value: 329940.00
  • Tax Year: 2026

General Information

  • Property Condition: Excellent
  • Property Sub Type: Five Or More Units
  • Property Type: Commercial Sale
  • School District Name: KENNETT CONSOLIDATED
  • Special Listing Conditions: Standard
  • Vacation Rental: No
  • Year Assessed: 2025
  • Zoning: C2

Unit Information

  • Other Units: Unit 1,Unit 1,Unit 1,Unit 1,Unit 1

Interior

Building Information

  • Cooling Fuel: Electric
  • Heating Fuel: Electric
  • Total Drive In Doors: 0

Parking Information

  • Garage: No

Building Interior

  • Building Area Source: Assessor
  • Building Area Total: 5454.00
  • Central Air: Yes
  • Hot Water: Electric

General Information

  • Accessibility Features: None
  • Cooling: Central A/C
  • Flooring: Wood, Vinyl

Exterior

Building Information

  • Total Loading Docks: 0

Lot Information

  • Lot Dimensions Source: Assessor
  • Lot Size Acres: 0.52
  • Lot Size Source: Estimated
  • Lot Size Square Feet: 22651.20
  • Lot Size Units: Square Feet
  • Water Source: Public

Waterfront/View

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

Building Exterior/Construction

  • Construction Materials: Stucco

General Information

  • Number Of Units Total: 6
  • Sewer: Public Sewer
  • Utilities: Water Available,Sewer Available,Electric Available
  • Water Access: No

Unit Information

Unit 1 Details

  • Unit Type: Unit 1

Unit 2 Details

  • Unit Type: Unit 1

Unit 3 Details

  • Unit Type: Unit 1

Unit 4 Details

  • Unit Type: Unit 1

Unit 5 Details

  • Unit Type: Unit 1

525 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.

525 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.

525 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

525 W STATE STREET History

Date Event Value Agent
6/18/2026Source: BRIGHT MLS Price Reduction
$1,550,000 -6.1%
5/18/2026Source: BRIGHT MLS Price Reduction
$1,650,000 -17.5%
3/26/2026Source: BRIGHT MLS Added to Database
March 26, 2026
Listing provided courtesy of Berger Real Estate Client Services- MLS# PACT2120758MLS ProviderContact Information: [email protected] - 6106886440