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    506 KENNETT PIKE Chadds Ford, PA 19317

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    For Sale
    $3,150,000

    CommercialSale - CHADDS FORD, PA

    Property size:
    5,060 SF
    Lot size:
    3.30 Acres
    Price / SF:
    $622/SF
    Added:
    Oct 17, 2025
    Days on Market:
    204
    Last Refresh:
    May 8 at 6:06 am

    Property Features for 506 KENNETT PIKE

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Size
    5,060 SF
    Lot size
    3.30 Acres

    Taxes and HOA fees

    Tax Annual Amount
    24785

    Utilities

    Heating system
    Heat Pump (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    1986
    Number of units
    6
    Roof type
    Asbestos Shingle, Shingle
    Architectural style
    Other

    We can help!

    Listing Contact
    Holly Gross

    Listing agent Holly Gross

    Listing office BHHS Fox & Roach West Chester 1234 West Chester Pike, PA

    Listing date Oct 17, 2025

    MLS# PACT2111796 Listing URL

    Copyright © 2026 Berkshire Hathaway HomeServices Fox & Roach, Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Thriving, Award‑Winning Bed and Breakfast: Established, highly‑rated business ready for new ownership.
    • Prime Location in Historic Chadds Ford: Landmark property close to major attractions.
    • Ten Tastefully Decorated Guest Rooms: Includes rooms in the Main House, Carriage House, and Springhouse.
    • Expansion Potential: Opportunity to add up to 5 more rooms in the Main House.
    • Multiple Buildings on 3.3 Acres: Includes the Main House, Springhouse, and Carriage House.
    • Commercial Amenities: Features a commercial kitchen, laundry, and ample parking (25 spaces).

    Overview

    Fairville Inn Bed and Breakfast

    The Fairville Inn Bed and Breakfast, an award-winning and highly-rated property, is available for sale. Situated in the heart of Chadds Ford, this landmark property includes the Main House, dating from the early 1800s and a contributing building in the Fairville Historic District, as well as the Springhouse and Carriage House. The property has undergone a complete makeover, transforming it into a stylish retreat and thriving business. It features a total of 10 guest rooms, each decorated. The Carriage House offers four rooms and two suites, each with a private deck overlooking the gardens. The Springhouse has four rooms, each with a deck and a panoramic view down the meadow to the neighboring pond. Eight of the rooms have gas fireplaces. The Main House features the guest reception area, a living room with a gas fireplace, an after-hours sitting room, a dining room and a commercial kitchen. A commercial laundry and storage area is located on the lower level of the Carriage House. The Main House has the potential to add up to 5 more rooms, or the second level of the Main House could be converted into the Innkeepers residence. Parking is available for up to 25 cars, with further parking potential. The parcel behind the Inn is included with the sale, bringing the total acreage to 3.3 acres. The Inn is located minutes from Longwood Gardens, the Winterthur Estate and Gardens, the Brandywine River Museum, Terrain and Kennett Square, West Chester and Wilmington. The property is 5060 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Fairville Inn Hotel & Motel Tesla Destination Charger Electric Vehicle Charging Station

    Suggested Use

    Real Estate Agency Law Firm Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hotel & Motel Gym & Fitness Center Skin Care Clinic Kitchen & Bath Showroom Accounting Firm

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

    Similar Places Nearby

    • Fairville Inn — 506 Kennett Pike, Chadds Ford, PA 19317

    Location Insight

    • Map
    • Local Demand
    City
    Chadds Ford
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.63188
    Latitude
    39.84635

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    FAQs

    What type of property is this?
    Bed & breakfast - Award-winning bed and breakfast in the heart of Chadds Ford.
    Where is this bed & breakfast located?
    The property is located at 506 KENNETT PIKE Chadds Ford, PA.
    What is the asking price?
    The asking price for this property is $3,150,000.
    What are key features of this property?
    This property features: Thriving, Award‑Winning Bed and Breakfast: Established, highly‑rated business ready for new ownership.; Prime Location in Historic Chadds Ford: Landmark property close to major attractions.; Ten Tastefully Decorated Guest Rooms: Includes rooms in the Main House, Carriage House, and Springhouse.
    (610) 430-3030
    We can help!
    Listing Contact
    Holly Gross
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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