The 1st floor consist of 3 commercial units which have been combined into one large retail Jewelry Store which is NOT for sale. This unit has a lease in place with the 1st term being 03/01/16 to 02/28/2026 with an automatic renewal option for an additional 7.5 years. This unit has exclusive use of the basement and the tenant is responsible for Electric, Gas, HVAC and it's maintenance along with the Generator, Plumbing System for the Store, Trash and Snow Removal along with the front exterior of the building. The Owner pays for Water & Sewer. Access to the 3 Apartments on the 2nd floor is from a private entrance off of State Street. There is a common hallway for the 3 apartment units. Each apartment has 2 Bedrooms and have been completely
renovated. Apartment "A" has 2 Bedrooms and 2 Bathrooms along with a Washer & Dryer... Apartment "B" has 2 bedrooms and 1 Bathroom.... Apartment "C" has 2 Bedrooms and 1 Bathroom.... Apartments "B" & "C" share a Washer & Dryer in the rear hallway. For a full description of the property please see the attached documents.,All showings must take place Tuesday thru Saturday from 12:00 noon to 4:30pm...NO EXCEPTIONS!!
Full Property Details
Full Property Detailsfor 124-128 W State Street
Taxes: $13,283 (2018)
MLS ID: 1000407956
Added: 69 day(s) ago
Business Type: Commercial, Retail, Apartment Building
Includes: Land and Building, Land Only
Rent Includes: Water, Sewer, Taxes
Flooring: Tile/Brick, Wood, Carpet, Vinyl
Master Bedroom: Unspecified
Parking Type: None
Parking: 6 to 10 Car Garage
Area: Kennett Square Boro (10303)
Development Name: Kennett Sq
Subdivision: Kennett Sq
Cross Streets: Union
Driving Directions: 124-126-128 West State Street is 1/2 block from the intersection of West State Street and Union Street in Kennett Square Borough.
Location Details: Downtown
Heating & Cooling
Heating Fuel: Bottled Gas/Propane, Oil
Sewer: Public Sewer
# Buildings: 3
Architectural Info: Other
Finished Above Grnd: 15,353 Sq. Ft.
Year Built: 1900
Year Built Source: Estimated
Lot Size (Acres): 0.1
Lot Size (Sq. Ft.): 11,865
Lot Dimensions: 0 x 0
Price Per Sq. Ft.: $84.67
Tax w/Assessment: $327,180
Tax Amount: $13,283
Tax Year: 2018
Tenant Pays: Electricity, Heat, Gas, Hot Water, Cooking Fuel, Insurance
Listed by Long & Foster- West Chester,Jim MacFadden
124-128 W State Street, Kennett Square, PA 19348 (MLS# 1000407956) is a
124-128 W State Street is currently listed for $1,300,000 and was received on April 17, 2018.
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