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Corner Class A Office Suite
For Lease
$10,500/Mo

148 W State St, Kennett Square, PA 19348

Natural light, State Street views, ADA access, and on-site parking support a well-positioned downtown office tenancy.

Space Size4,442 SF
Days on Market50

Property Features for 148 W State St

General Information

Standard status Active
Size 4,442 SF
Net Rentable 4,442 SF
Class A

Space & Availability

Available Space 4,442 SF
Contiguous Space 4,442 SF
Space Use Office

Amenities

community event space
on-site parking lot
signage options

Building Details

Year Built 1948
Listing Agency: Pillar Real Estate Advisors
Listed By: Eric Kuhn · License #RS296255
Source: Kableteam
Added: Sep 9 Changed: Oct 26 Last Checked: Oct 5 at 10:15PM

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

Rey
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Investment Insights

Based on property information with market context.

This 4,442 SF Class A office suite occupies a corner position within a 1948 building, bringing natural light and views toward State Street. The space is directly above The Market at Liberty Place, a community and destination event venue with 8+ vendors, adding an active commercial setting to the property. Full ADA access is provided, with signage options available along State Street.

The suite is located in downtown Kennett Square at 148 W State St, with shops, restaurants, and nightlife within walking distance. An on-site parking lot serves the property, while additional nearby parking is available for overflow. The office is offered for rent in a centrally located downtown setting.

Key Highlights

  • 4,442 SF Class A office suite
  • Corner configuration with natural light and State Street views
  • Directly above The Market at Liberty Place with 8+ vendors

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office Units

Suggested Use

Top Pick Parking Lot & Garage Locksmith Storage Facility (Bike/Boat/Book/etc) Store Grocery & Convenience Store 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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,066
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Kennett Square, PA

$17.76 /SF/Yr
Avg Asking Price
$5.38–$28 /SF/Yr
Price Range
8,347 SF
Avg Space Size

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

Frequently Asked Questions

What type of property is this?
Office unit - Natural light, State Street views, ADA access, and on-site parking support a well-positioned downtown office tenancy.
Where is this office unit located?
The property is located at 148 W State St Kennett Square, PA.
What is the lease rate?
The lease rate is $10,500/Mo.
What are key features of this property?
This property features: 4,442 SF Class A office suite; Corner configuration with natural light and State Street views; Directly above The Market at Liberty Place with 8+ vendors
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