Mixed Use Commercial Property for Sale in Kennett Borough, PA - 2 Buildings/3 Units

102 S Walnut St Kennett Square, PA 19348

102 S Walnut St, Kennett Square, PA, 19348
102 S Walnut St, Kennett Square, PA, 19348 102 S Walnut St, Kennett Square, PA, 19348 102 S Walnut St, Kennett Square, PA, 19348 102 S Walnut St, Kennett Square, PA, 19348 102 S Walnut St, Kennett Square, PA, 19348 102 S Walnut St, Kennett Square, PA, 19348 102 S Walnut St, Kennett Square, PA, 19348 102 S Walnut St, Kennett Square, PA, 19348
FOR SALE
Property Type:
Mixed Use
Amount:
$675,000
Last Verified:
Jan 14, 2021

13,212sf building includes multiple spaces.​ Space 1: Auto-related facility which features retail parts store space, garage and ample outdoor storage space.​ Space 2: General retail space.​ Conveniently located within the borough of Kennett Square.​ Zoned C-2.​ Includes PA Parcel #03-03-0163 and 03-03-0162.​ Built in 1948.​ Kennett Square offers business owners opportunities for frequent visitors, population base with an average household income more than $20,000 above the national average and assistance in all facets of opening a business.​ This assistance includes helping a new business find the perfect office/retail space, ensuring compliance with any applicable building codes and offering businesses cooperative advertising and marketing opportunities.​ The Borough provides business owners’ support and networking systems such as the Southern Chester County Chamber of Commerce, the Historic Kennett Square organization, and the offices of the Borough of Kennett Square.​ In addition, the local Kennett Square government, including the Borough Council, Borough Manager and Mayor, are all committed to making Kennett Square business-friendly.​(courtesy of HKS) Just a mile off the US-1 interchange.​

Map of 102 S Walnut St, Kennett Square, PA, 19348

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.