109 Broad StKennett Square, PA 19348
- Turn key restaurants
- 14,670 SF
For Lease
$13.50/SF/YR
View listing
Property Details for 109 Broad St
- Year built
- 1916
- Lot size
- 0.24 AC
- Property size (Sq ft)
- 14,670 SF
- Zone code
- C1
- Property type
- Turn key restaurants
- APN
- 0303 01320000
- APU
- 30301320000
Description
This 14,670 square foot, two-story creative office building, located at 109 S Broad St, Kennett Square, PA 19348, offers 5,000 square feet of immediately available space. The property, built in 1916 and renovated in 2010, features 10-foot ceilings and is situated on a 0.25-acre lot. The minimum divisible space is 2,000 square feet, with a maximum contiguous space of 5,000 square feet. The building is zoned commercial (APN: 03-0300132) and boasts a desirable location in the heart of Kennett Square Boro, within walking distance of local amenities. Previous tenants included a microbrewery/pub
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $8,603,435
- 6.5%
- $7,941,632
- 7%
- $7,374,373
-
Comparable approach
- Method
- Valuation
- Relative Method
- $7,321,372
- Geo Method
- $4,830,291
-
Alternative Use
- Use
- Valuation
- Residential
- $6,699,064
- Hospitality
- $6,136,306
- Educational
- $5,105,335
- Medical
- $5,280,916
- Retail
- $7,941,632
Location Insight
- City
- Kennett Square
- County
- Chester
- State
- Pennsylvania
- Latitude
- 39.8467
- Longitude
- -75.7099
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$15,811
$40,380
$284,090
$324,470
-
$40,380
$284,090
$324,470
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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