625 Cypress StKennett Square, PA 19348
- Retail properties
- 10,484 SF
Property Details for 625 Cypress St
- Year built
- 1974
- Lot size
- 0.97 AC
- Property size (Sq ft)
- 10,484 SF
- Zone code
- R2
- Property type
- Retail properties
- Property subtype
- Turn key restaurants
- APN
- 6204 00330100
- APU
- 620400330100
Description
This 2,879-square-foot retail space is located at 625 E Cypress St, Suite E, Kennett Square, PA 19348. Situated in a bustling neighborhood shopping center, this in-line retail unit offers excellent visibility and high traffic counts. The space features a customer area at the front, a large open area in the rear, one private bathroom, and a small office. Previously used as a bakery, this versatile space is adaptable to various retail uses. The property includes ample on-site parking with 43 spaces available for customers and employees. The building, constructed in 1974, sits on a one-acre lot (42,253 square feet) and is zoned C. The unit has 200-amp power. The entire building comprises 10,484 square feet and is divided into six suites. This particular suite is the only currently vacant space, offering a unique opportunity for immediate occupancy. The property's address is easily accessible via Cope Cross Street. The Chester County location provides convenient access to local amenities and a strong customer base. The property's APN is 62-04-0033.0100.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $6,150,556
- 6.5%
- $5,677,436
- 7%
- $5,271,906
-
Comparable approach
- Method
- Valuation
- Relative Method
- $5,234,006
- Geo Method
- $3,451,996
-
Alternative Use
- Use
- Valuation
- Residential
- $4,789,130
- Hospitality
- $4,386,818
- Educational
- $3,649,781
- Medical
- $3,775,302
- Retail
- $5,677,436
Location Insight
- City
- Kennett Square
- County
- Chester
- State
- Pennsylvania
- Latitude
- 39.85
- Longitude
- -75.701
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].