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116 S Broad St, Kennett Square, PA

Four income-producing buildings on 0.51 acres near downtown.

Property SizeContact for details
Days on Market1330

Property Features for 116 S Broad St

General Information

Standard status Active
Property subtype OFFICE
Listing Agency: Zommick McMahon Commercial Real Estate
Listed By: James R Pinckney · License #PENNSYLVANIAAB068954
Source: Moodyscre
Added: Jan 27, 2023 Changed: Sep 8 Last Checked: Sep 16 at 9:08PM

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 Zommick McMahon Commercial Real Estate

Investment Insights

Based on property information with market context.

This property features approximately 0.51 acres consisting of three parcels. The site includes four income-producing buildings. The property benefits from its location at a traffic light corner and offers both on-site and street parking. It is located within walking distance of Historic Downtown Kennett Square.

Key Highlights

  • Four income producing buildings
  • Located at a traffic light corner
  • Walkable to Historic Downtown Kennett Square

Property Analytics

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Current Use

Office buildings

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.

Location Intelligence

Trade Area within ½ mile

1,027
Businesses Nearby
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Four income-producing buildings on 0.51 acres near downtown.
Where is this office building located?
The property is located at 116 S Broad St Kennett Square, PA.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: Four income producing buildings; Located at a traffic light corner; Walkable to Historic Downtown Kennett Square
(610) 453-2569 Call to check price and availability
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