613 Ways Lane

Kennett Square, PA
$ 950,000 Beds 0 Baths 0 Sq 1,800
Monthly Estimate* How much can I afford?

Excellent investment opportunity with zero Landlord responsibilities or expenses. Absolute Triple Net investment with a credit worthy tenant who has been in business for over 90 years. This single tenant sale leaseback includes a brand new 12 year absolute NNN lease, plus two 5 year options. Initial NOI of $76,000, with 10% rent increases every 5 years. Ideal industrial location in Kennett Square Borough. HOP Energy is one of the nation s fastest growing residential and commercial energy providers. HOP has 19+ locations between Delaware and Vermont. They are dedicated to taking care of almost 100,000 customers through HVAC installations, heating oil, liquid fuels and propane. HOP energy has been at the Kennett location for over 22 years and is committed for the long term. HOP to provide Buyer a clean environmental report before settlement. Call for more info.

Commercial

  • Price
  • $ 950,000
  • Lot Size
  • 1.8 Acres
  • Bedrooms
  • 0
  • Sqr Footage
  • 1,800
  • Full Bathrooms
  • 0
  • Year Built
  • 1970
  • Half Bathrooms
  • 0
  • City, Zip
  • Kennett Square
  • Taxes
  • 20740
  • County
  • CHESTER
  • Style
  • Manufacturing
  • Area
  • Kennett Square Boro
  • MLS#
  • PACT506156
  • Zip
  • 19348
Listing Provided by: Continental Realty Co., Inc.

Features

General

Accessibility 2+ Access Exits
Business Type Manufacturing
Construction Materials Combination
Cool Fuel None
Cooling None
County CHESTER
Heating Other
Historic Y/N No
MLS Area Kennett Square Boro (10303)
New Construction No
Ownership Fee Simple
Possession Seller Rent Back
Price Per Sq Ft 510.75
Property SubType Industrial
Property Type Commercial Sale
Real Estate Owned Y/N No
Sewer Public Sewer
Tax Year 2019
Vacation Rental Y/N No
Water Access Y/N No
Zoning R3
Zoning Description OI-1

Interior Features

Central Air Y/N No
Heating Fuel Other
Heating Y/N Yes
Hot Water Other

Exterior Features

Building Area Total 1860.00
Car Parking Spaces 150
Inclusions 10 year NNN leaseback
Lot Dimensions 0.00 x 0.00
Lot Size Acres 1.80
Lot Size Source Assessor
Lot Size Square Feet 78408.00
Navigable Water Y/N No
Total Parking Spaces 200
Type of Parking Parking Lot
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,068

Per Month

Based on the average sale price from the Old Bridge, New Jersey office

  • Monthly Principal & interest $1,939
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

5/16/2020 Listed $950,000

Property vs Zip Code Average in 19348

Price
AVG $460K
$950K
Taxes
AVG $10,470
$20,740
Visits
AVG 69
62
Year Built
AVG 1955
1970
Walkscore
AVG 35
51
Data Provided by Walkscore ® not using MLS data

Map

613 Ways Lane Kennett Square, PA is a Single Family Home for sale at $950000 with 1800 sqft and a lot size of 1.8 Acres Acre(s). 613 Ways Lane Kennett Square has 0 bedrooms, 0 baths and was built in 1970. The property's zip code is 19348 which is in Kennett Square, PA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.