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Investment Highlights

  • Hi Traffic road frontage perfect for Retail/Professional/Medical/Condo/Business

Executive Summary

This property contains 2 lots zoned commercial and can be used for almost any need. Property has 3 professional building currently rented at over 9k/mo. 300' of road frontage, plus a large open lot and another large open lot currently with 35 occupied RV storage spaces. This property is ideal for current income, or develop for a Storage facility, retail, medical building, contractor business, condo or housing complex! use existing building or start over and build to suit. Seller also has 1st refusal on additional adjoining 1+ ac property. Great investment property for one of the last open commercial/industrial properties in Kennett Twp. 484-733-9590 (all info is aprox.)

Financial Summary (Actual - 2024)

Annual (CAD) Annual Per AC (CAD)
Gross Rental Income $142,909 $49,279.11
Other Income - -
Vacancy Loss - -
Effective Gross Income $142,909 $49,279.11
Net Operating Income - -

Financial Summary (Actual - 2024)

Gross Rental Income (CAD)
Annual $142,909
Annual Per AC $49,279.11
Other Income (CAD)
Annual -
Annual Per AC -
Vacancy Loss (CAD)
Annual -
Annual Per AC -
Effective Gross Income (CAD)
Annual $142,909
Annual Per AC $49,279.11
Net Operating Income (CAD)
Annual -
Annual Per AC -

Property Facts

Price $3,954,290 CAD
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 2.90 AC
Zoning Commercial

1 Lot Available

Lot 1 & 2

Price $3,954,290 CAD
Price Per AC $1,363,548.11 CAD
Lot Size 2.90 AC

2.9ac Commercial/Industrial on 2 lots. high trfc 300' road frntg. 3 cmcl bldgs w 7k/mo. income. +2k/mo shrt trm RV rentl spaces. med/retail/storage/condo/industrial/contractor your choice Sale or Lease 484-733-9590 (all info is aprox)

Description

This property contains 2 lots zoned commercial/Industrial and can be used for almost any need. Property has 3 professional building currently rented at over 9k/mo. 300' of road frontage make this ideal for retail/medical building/ contractor/business/condo or housing complex! use existing building or start over and build to suit. Great investment property for one of the last open commercial/industrial properties in Kennett Twp. 484-733-9590 (all info is aprox)

Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
  • Listing ID: 29411199

  • Date on Market: 2023-08-31

  • Last Updated:

  • Address: 644 E Cypress St, Kennett Square, PA 19348

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