For Sale
$1,900,000

108 State StKennett Square, PA 19348

Historic building, 7,000 sq ft, liquor license available.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional three-story commercial building, located at 108 West State Street in Kennett Square, Pennsylvania, presents a unique investment opportunity. The property boasts a substantial 7,000 square feet of space, currently configured as a restaurant with office space and the potential for an apartment conversion. The building's zoning is C-2, allowing for a variety of commercial uses within the Kennett Square Borough. The asking price of $1,900,000 includes the building, its existing furniture, fixtures, and equipment (FF&E), valued at $1,500,000. A separate "R" liquor license is available for an additional $400,000. The total square footage, including a basement, is approximately 8,165 square feet, spread across three floors, offering ample space for expansion or adaptation to suit diverse business needs. This prime location in the vibrant Kennett Square community provides excellent visibility and accessibility, making it an ideal investment for discerning entrepreneurs seeking a well-established commercial property with significant potential. The property's history and character add to its appeal, offering a blend of classic charm and modern functionality. Serious inquiries are encouraged.

Highlights

  • Three-story commercial building (restaurant/office/potential apartment conversion) with basement.
  • Includes all furniture, fixtures, and equipment (FF&E).
  • R Liquor License available for separate purchase ($400,000).
  • Totaling 8,165 square feet across three floors.
  • C-2 zoning (Kennett Square Borough).
  • Asking price: $1,500,000 (building and FF&E).

Property Details for 108 State St

Property type
Retail properties, Restaurants
Square Feet
7,000 SF
Stories
3

Location Insight

City
Kennett Square
County
Chester
State
Pennsylvania
Latitude
39.8463127
Longitude
-75.7119574
108 State St, Kennett Square, Pennsylvania

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108 State St
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