NVF Kennett Square

400/410 West Mulberry Street & 399 Lafayette Street Kennett Square, PA 19348

400/410 West Mulberry Street & 399 Lafayette Street, Kennett Square, PA, 19348
400/410 West Mulberry Street & 399 Lafayette Street, Kennett Square, PA, 19348 400/410 West Mulberry Street & 399 Lafayette Street, Kennett Square, PA, 19348 400/410 West Mulberry Street & 399 Lafayette Street, Kennett Square, PA, 19348 400/410 West Mulberry Street & 399 Lafayette Street, Kennett Square, PA, 19348 400/410 West Mulberry Street & 399 Lafayette Street, Kennett Square, PA, 19348 400/410 West Mulberry Street & 399 Lafayette Street, Kennett Square, PA, 19348
FOR SALE
Property Type:
Multifamily Land
Amount:
Please Call Broker for Price

Last Verified:
Jun 20, 2024

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Highlights

  • Prime location for multi-family/senior housing.
  • Town infill/redevelopment within the Borough of Kennett, a thriving “Main Street” community.
  • Environmental remediation nearly complete. “Site Development” to encapsulate final piece.

Description

Located adjacent to successful Magnolia Place and Cannery Row
Easy access to Route 1, Route 82 and other major arteries/roads. Just 45 minutes to PHL airport.
Conveniently located in the Borough of Kennett Square, walkable to restaurants, shopping, parks and services.

The former National Vulcanized Fiber Company site in Kennett Square, PA coming to market offers a rare opportunity to acquire a superbly located and prime large-scale development site in the booming Borough of Kennett Square, Pennsylvania. The offering is an assemblage of four parcels containing +/-24.7 net acres. The location benefits from walkability to nearby shops, restaurants, parks and other amenities as well as some of the strongest demographics in the region.

Located in Chester County, Pennsylvania and surrounded by the beautiful Brandywine Valley, Kennett Square offers something for families, singles, and seniors. Historic homes, a bustling downtown with upscale boutiques, retailers, and restaurants, ample amenities, and exceptional public and private schools, all enhance this thriving community.

A sense of community pride on display throughout the year at festivals and events make this location even more attractive. Several nearby multifamily success stories shine a light on this location for medium to high density residential.

Lot Size: 24.7 acres


Documents

NVF_KENNETT_SQUARE_BROCHURE_0621_Final.pdf

Map of 400/410 West Mulberry Street & 399 Lafayette Street, 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.