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Mixed-Use Property with Apartment
New
For Sale
$1,000,000

111 W State Street, Kennett Square, PA 19348

Includes commercial space and a four-bedroom residential unit.

Property SizeContact for details
Days on Market2

Property Features for 111 W State Street

General Information

Standard status Active
Property subtype Commercial
Occupancy 100%

Units

Unit Mix 1 x 4BR/2BA
Multifamily Units 1

Amenities

private laundry room

Building Details

Year Built 1910
Buildings 1
Tenancy Multi
Listing Agency: Long & Foster Real Estate, Inc.
Listed By: Victoria Lawson · License #3143350
Source: Kmteamrealestate
Added: Sep 2 Last Checked: Sep 2 at 1:42PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Long & Foster Real Estate, Inc.

Investment Insights

Based on property information with market context.

Built in 1910, this mixed-use property combines a commercial area with a second-floor apartment. The commercial component includes updated electrical and plumbing systems, fire-rated ceiling tiles, new lighting, high ceilings, an open public area, kitchen, private office, and adjoining storage. The space is fully occupied.

The residential portion contains four bedrooms and two full bathrooms, along with an updated kitchen, renovated bathrooms, living and dining areas, substantial storage, and a private laundry room. The combination of commercial and residential improvements provides a clearly defined mixed-use layout at 111 W State Street in Kennett Square, Pennsylvania.

Key Highlights

  • Four‑bedroom, two‑full‑bath apartment on the second floor
  • Commercial space with updated electric and plumbing
  • Fire‑rated ceiling tiles and new lighting in the commercial area

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Parking Lot & Garage Locksmith (Bike/Boat/Book/etc) Store Grocery & Convenience Store Veterinary Clinic Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,066
Businesses Nearby
17k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 91% Dining 9%
Wawa Shops & Services
14,427 visits/mo 0.3 miles
Taqueria Guadalajara Dining
1,488 visits/mo 0.4 miles
Caliber Collision Shops & Services
769 visits/mo 0.4 miles

Demographics for 19348, PA

22,606
Population
9,222
Households
2.5
Avg Household Size
43
Median Age
57%
College-Educated
91%
High-School Grad
36.8 sq mi
ZIP Area
614
Density / Sq Mi
$118,367
Median Household Income
$55,391
Median Earnings
$1,588
Median Rent
$518,200
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Includes commercial space and a four-bedroom residential unit.
Where is this mixed-use property located?
The property is located at 111 W State Street Kennett Square, PA.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Four‑bedroom, two‑full‑bath apartment on the second floor; Commercial space with updated electric and plumbing; Fire‑rated ceiling tiles and new lighting in the commercial area
More about this property
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