Bought with Norma C Ocampo • RE/MAX Excellence - Kennett Square
$950,000
$1,049,900
9.5%For more information regarding the value of a property, please contact us for a free consultation.
0.37 Acres Lot
SOLD DATE : 04/25/2025
Key Details
Sold Price $950,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PACT2068608
Sold Date 04/25/25
Year Built 1934
Annual Tax Amount $12,993
Tax Year 2024
Lot Size 0.370 Acres
Acres 0.37
Lot Dimensions 0.00 x 0.00
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
Turnkey 5 unit, 8800 sq ft mixed use building formerly known as the Brown Derby! Beautifully updated and repurposed as 4 commercial units (Bakery, Barbershop, Mexican Restaurant, Fitness) along with one residential apartment (6064 total leasable square footage). Offering includes FOUR tax parcels: 60-01Q-009 consisting of the building on 0.37 acres,60-01Q-0017 featuring the parking lot and access to Church St sitting on 0.33 acres, as well as 2 residential lots off of Church St.60-01Q-0016 (.29 acres) and 60-01Q-0015 (.32 acres) . All commercial tenants are on long term leases offering great stability to any investor. Each unit features it's own heat and air, separate electric/gas along with sub-metered water/sewer. 36 parking spaces offers plenty of room for businesses and potential growth. Building has new roof, newer HVAC, new exterior paint and much more. Make your appointment today!
Location
State PA
County Chester
Area New Garden Twp (10360)
Zoning COMMERCIAL
Interior
Hot Water Electric
Heating Hot Water
Cooling Central A/C
Heat Source Natural Gas
Exterior
Garage Spaces 36.0
Water Access N
Roof Type Architectural Shingle
Accessibility Other Bath Mod
Total Parking Spaces 36
Garage N
Building
Lot Description Additional Lot(s)
Foundation Block
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Kennett Consolidated
Others
Tax ID 60-01Q-0009, 60-01Q-0017,60-01Q-0016, 60-01Q-0015
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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