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    ADA Accessible Medical/Office Building Title is generated by Realmo AI

    616 E Cypress St, Kennett Square, PA

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    2,500 SF building ideal for medical or office use.

    Type:OFFICE
    Property size:
    2,500 SF
    Lot size:
    0.41 Acres
    Price / SF:
    $255/SF
    Added:
    Apr 23, 2025
    Days on Market:
    418
    Last Refresh:
    May 20 at 9:07 pm

    Property Features for 616 E Cypress St

    General Information

    Standard status
    Active
    Size
    2,500 SF
    Lot size
    0.41 Acres
    Property subtype
    OFFICE

    We can help!

    Listing Contact
    Eric Kuhn

    Listing agent Eric Kuhn

    Listing office Pillar Real Estate Advisors LLC

    Listing date Apr 23, 2025

    Source Moodyscre

    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 Pillar Real Estate Advisors LLC

    HighLights

    • Fully ADA Accessible (2,500 SF)
    • Ideal for Medical/Office Use
    • Multiple Offices/Treatment Rooms available
    • Large Parking Lot with Overflow Parking
    • Highly Visible Signage Position
    • Front and Rear Entrance ADA Ramps

    Overview

    This 2,500 square foot building is fully ADA accessible and suitable for medical or office use. The layout includes multiple offices or treatment rooms, a waiting area and reception space, and a large kitchenette. It features both front and rear entrance ADA ramps. A large parking lot is available, with overflow parking options. The property benefits from highly visible signage and includes a large attic storage area. An attached former garage provides additional storage.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $65.1k $26.04
    − Vacancy −$12.7k −$5.08
    EGI $52.4k $20.96
    − OpEx −$13.1k −$5.24
    NOI $39.3k $15.72
    2,500 SF · lease $26.04/SF/yr · vacancy 19.50% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $561.5K
    $491.3K – $655.1K (±1% cap)
    NOI $39,304 @ 7.0% cap · market cap 6.17%
    Second Best
    Healthcare Medical
    $553.6K
    $484.4K – $645.8K (±1% cap)
    NOI $38,750 @ 7.0% cap · market cap 6.08%
    Theoretical Best
    Office A
    $758.0K
    $663.2K – $884.3K (±1% cap)
    NOI $53,058 @ 7.0% cap · market cap 8.32%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical Office Space

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Bessemer Equine — 157 E Hillendale Rd, Kennett Square, PA 19348
    • Amy D Warren Vmd — 548 McFarlan Rd, Kennett Square, PA 19348

    Location Insight

    • Map
    • Local Demand
    City
    Kennett Square
    County
    Chester
    State
    Pennsylvania
    Longitude
    -75.702
    Latitude
    39.8481

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    FAQs

    What type of property is this?
    Medical Office Space - 2,500 SF building ideal for medical or office use.
    Where is this medical office space located?
    The property is located at 616 E Cypress St Kennett Square, PA.
    What is the asking price?
    The asking price for this property is $637,500.
    What are key features of this property?
    This property features: Fully ADA Accessible (2,500 SF); Ideal for Medical/Office Use; Multiple Offices/Treatment Rooms available
    (803) 280-1950 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Eric Kuhn
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