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.
Presenting an exceptional commercial land opportunity in the heart of historic Kennett Square Borough. Situated at the prominent, high-traffic signalized corner of West State Street and Mill Road, 701 W State St offers 0.42 acres of prime, versatile real estate ready for your next venture. This exceptional corner parcel delivers unbeatable road frontage, stellar daily traffic exposure, and immense potential for developers, investors, and business owners looking to establish a strong presence in one of Chester County’s most dynamic corridors. The property is zoned C-2 Secondary Commercial District under Kennett Square Borough regulations, opening the door to a wide array of commercial possibilities. Whether you envision a boutique retail storefront, modern professional offices, a medical practice, a personal service establishment, or a custom mixed-use commercial building, this site provides the flexible zoning framework needed to bring your blueprint to life. Furthermore, public water and public sewer infrastructure are available at the street, helping to streamline your pre-development planning and construction timelines. Location and connectivity anchor this offering. Positioned just minutes from US Route 1, Baltimore Pike, and surrounding regional thoroughfares, the parcel benefits from strong vehicular traffic and close proximity to downtown Kennett Square's thriving dining, shopping, and community attractions. This is a rare chance to acquire a competitively priced commercial corner lot with boundless potential. Bring your vision, developer team, or enterprise to 701 W State St and secure your footprint in Chester County today.
This fully operational 4-unit mixed-use commercial investment property presents a rare opportunity to acquire a stabilized asset in one of Chester County’s most dynamic and walkable downtown districts. The property features a balanced unit mix of three commercial spaces and one residential apartment, creating a diversified income stream supported by strong demand in both the retail and residential markets. With one commercial unit currently vacant and available at market rent, investors have immediate upside through lease-up and increased NOI potential. Positioned in the heart of Downtown Kennett Square, the property benefits from exceptional visibility and consistent pedestrian traffic generated by the surrounding collection of restaurants, breweries, boutiques, professional offices, cafés, and year-round community events. The property’s highly walkable location continues to attract both residents and businesses seeking access to the borough’s vibrant commercial core. A standout feature of the offering is the inclusion of 9 private off-street parking spaces — a significant competitive advantage and increasingly scarce amenity within the downtown market. Property management is available.
Kennett Square is located in Pennsylvania. Kennett Square, Pennsylvania has a population of 5,959. Kennett Square is less family-centric than the surrounding county with 28.34% of the households containing married families with children. The county average for households married with children is 36.91%.
The median household income in Kennett Square, Pennsylvania is $65,984. The median household income for the surrounding county is $109,969 compared to the national median of $69,021. The median age of people living in Kennett Square is 39.2 years.
The average high temperature in July is 84.8 degrees, with an average low temperature in January of 21.8 degrees. The average rainfall is approximately 49 inches per year, with 22.8 inches of snow per year.
