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$650,000 Just Listed
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Property Description
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.
Full Property Details
Full Property Details for 107 W State St
General
- Price: $650,000
- Taxes: $4,464 (2025)
- Status: Active
- Type: Retail
- Source: BrightMLSPhilly
- MLS ID: PACT2118112
- Updated: 3/6/2026
- Added to Site: 1 day(s) ago
Business
- Business Type: Other/General Retail
Interior
- Flooring: Carpet, Hardwood
Rooms
Bathrooms
- Restrooms: 2
Parking
- Parking Type: On Street
Location
- Area: Kennett Square Boro (10303)
- Municipality: KENNETT SQUARE BORO
- County: CHESTER
- Driving Directions: Rt 82 to right on W State St. Property is on your right. Park along street with parking meters.
- Traffic Count: 10000-14999
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C, Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: Radiant
- Heating Fuel: Natural Gas
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Brick Front
- Foundation: Stone
- Roof: Flat
- Ceiling Height: 8' to 10'
- Doors: Six Panel
- Stories/Levels: 3
- Building Size: 2793
- Year Built: 1900
- Year Built Source: Estimated
Unit Information
- # Tenants: Multiple
- Other Units: Unit 1, Unit 1, Unit 1, Unit 1, Unit 1
Lot Features
- Lot Size (Acres): 0.03
- Lot Size (Sq. Ft.): 1,307
- Lot Size Source: Estimated
- Zoning: C-1
Financial Considerations
- Price Per Sq. Ft.: $232.72
- Assessment Year: 2025
- School Tax: $3,027
- County Tax: $447
- County Tax Freq: Annually
- Tax w/Assessment: $86,500
- Tax Amount: $4,464
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: All tenants personal belongings
- Inclusions: Display case in commercial space
- Lot Number: 203
Listed by RE/MAX Ace Realty, Renzo Naimo
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Schools
Schools serving 107 W State St
School District:Kennett Consolidated School District
| Name | Grades | Distance |
|---|---|---|
Mary D Lang Kdg Center 409 Center Street, Kennett Square, PA 19348 | K- | 0.3 mi |
Bancroft El School 181 Bancroft Road, Kennett Square, PA 19348 | 1-5 | 2.1 mi |
Kennett Middle School 195 Sunny Dell Road, Landenberg, PA 19350 | 6-8 | 4 mi |
Kennett High School 100 East South Street, Kennett Square, PA 19348 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 107 W State St
Date
Details
Price
Change
Source
3/06/2026
Listed
$650,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 107 W State St
Year
Property Taxes
Change
Tax Assessment
Change
2026
$4,494
3%
$86,500
—
2025
$4,348
3%
$86,500
—
2024
$4,215
3%
$86,500
—
2023
$4,086
9%
$86,500
—
2022
$3,734
5%
$86,500
—
2020
$3,561
-2%
$86,500
—
2020
$3,639
1%
$86,500
—
2019
$3,596
2%
$86,500
—
2018
$3,512
2%
$86,500
—
2017
$3,457
4%
$86,500
—
2016
$3,326
3%
$86,500
—
2015
$3,240
1%
$86,500
—
2014
$3,197
—
$86,500
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 107 W State St
107 W State Street, Kennett Square, PA 19348 (MLS# PACT2118112) is a Retail property. 107 W State Street is currently listed for $650,000 and was received on March 06, 2026. Want to learn more about 107 W State Street? Do you have questions about finding other Retail real estate for sale in Kennett Square? You can browse all Kennett Square real estate or contact a Coldwell Banker agent to request more information.

