Date
Details
Price
Change
Source
9/01/2026
Listed
$1,000,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$1,000,000 Just Listed
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Property Description
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.
Full Property Details
Full Property Details for 111 W State St
General
- Price: $1,000,000
- Taxes: $7,722 (2026)
- Status: Active
- Type: Office
- Source: BrightMLSPhilly
- MLS ID: PACT2134948
- Updated: 9/2/2026
- Added to Site: 6 day(s) ago
Business
- Business Type: Flex
Interior
- Flooring: Ceramic Tile, Concrete, Engineered Wood, Hardwood, Laminate Plank, Laminated, Tile/Brick, Vinyl, Other
Rooms
Bathrooms
- Restrooms: 4
Parking
- Parking Features: Public
- Parking Type: On Street
Location
- Area: Kennett Square Boro (10303)
- Municipality: KENNETT SQUARE BORO
- County: CHESTER
- Subdivision: KENNETT SQ
- Cross Streets: Union St
- Driving Directions: RT 1 South to exit Kennett Square follow to W State ST
- Traffic Count: 10000-14999
- Location Details: Business District
Heating & Cooling
- Central air: Yes
- Cooling Type: Ceiling Fan(s), Central A/C, Ductless/Mini-Split, Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: Hot Water
- Heating Fuel: Natural Gas
- Water Heater: Electric, Multi-tank, Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Other
Structural Information
- Construction: Block, Combination, Composition, Concrete, Copper Plumbing, CPVC/PVC, Cast Iron Plumbing, Masonry, Mixed Plumbing, Other
- Foundation: Slab
- Roof: Flat
- Ceiling Height: 10' to 12'
- Doors: Insulated, Six Panel
- Building Size: 4752
- Year Built: 1910
- Year Built Source: Estimated
- Property Condition: Excellent
Unit Information
- # Tenants: Multiple
- Other Units: Unit 1, Unit 1, Unit 1, Unit 1, Unit 1
Lot Features
- Property View: Street, City
- Lot Size (Acres): 0.06
- Lot Size (Sq. Ft.): 2,421
- Lot Size Source: Assessor
- Street/Road Desc.: Access - Above Grade, Alley, Black Top, Other
- Topography: Town Center
- Zoning: C-1
- Lot Description: Other
Financial Considerations
- Price Per Sq. Ft.: $210.44
- Operating Expenses: $19,682
- Assessment Year: 2026
- School Tax: $5,258
- City/TownTax: $1,713
- City/TownTax Freq: Annually
- County Tax: $750
- County Tax Freq: Annually
- Tax w/Assessment: $145,240
- Tax Amount: $7,722
- Tax Year: 2026
- Owner Pays: Accounting/Legal, Repairs, Trash Collection, Other
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: Tenant property and equipment.
- Inclusions: Apartment appliances and window units
- Investment: Yes
- Lot Number: 201.01
Listed by Long & Foster Real Estate, Inc., Victoria A. Lawson
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— 111 W State St —
Victoria A. Lawson
Long & Foster Real Estate, Inc.
Listing Office Email: maggie@lnf.com
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 111 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 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 111 W State St
Tax History
Tax History for 111 W State St
Year
Property Taxes
Change
Tax Assessment
Change
2026
$755
-90%
$145,240
—
2025
$7,300
3%
$145,240
—
2024
$7,077
3%
$145,240
—
2023
$6,861
21%
$145,240
—
2022
$5,691
-5%
$145,240
—
2020
$5,979
-2%
$145,240
—
2020
$6,110
1%
$145,240
—
2019
$6,037
2%
$145,240
—
2018
$5,896
2%
$145,240
—
2017
$5,804
4%
$145,240
—
2016
$5,585
3%
$145,240
—
2015
$5,440
1%
$145,240
—
2014
$5,369
—
$145,240
—
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 111 W State St
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- Single Family
- Active
- Updated 2 days ago
- 4Beds
- 5Total Baths
- 5,192Sq. Ft.
- Single Family
- Active
- Updated 4 days ago
- 4Beds
- 4Total Baths
- 3,300Sq. Ft.
- Single Family
- Active
- Updated 1 day ago
- 4Beds
- 3Total Baths
- 3,050Sq. Ft.
- Single Family
- Active
- Updated 3 days ago
- 4Beds
- 3Total Baths
- 2,850Sq. Ft.
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- Single Family
- Active
- Updated 5 days ago
- 3Beds
- 4Total Baths
- 2,781Sq. Ft.
Listed by David Hinkel (610) 909-5431
- Single Family
- Active
- Updated 1 day ago
- 4Beds
- 4Total Baths
- 3,878Sq. Ft.
- Single Family
- Active
- Updated 5 days ago
- 3Beds
- 3Total Baths
- 3,300Sq. Ft.
- Single Family
- Active
- Updated 1 hour ago
- 3Beds
- 3Total Baths
- 3,400Sq. Ft.
111 W State Street, Kennett Square, PA 19348 (MLS# PACT2134948) is a Office property. 111 W State Street is currently listed for $1,000,000 and was received on September 01, 2026. Want to learn more about 111 W State Street? Do you have questions about finding other Office 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.