PA
PHILADELPHIA
PHILADELPHIA
19145
3204 VARE AVENUE
3204 VARE AVENUE, PHILADELPHIA, PA 19145
Listing Type
Commercial/Industrial
Listing Status
active
30
$2,500,000

Home Details for 3204 VARE AVENUE

Price
$2,500,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
0.0
Square feet
NaN
Year built
1950
Lot size acres
0.55
County
PHILADELPHIA
Garage
Days on site
64
MLS Listing#
PAPH2424392
Listing courtesy: KW Empower - 215-627-3500
Property Description

CONSTRUCTION HAS STARTED IN THE BELLWETHER DISTRICT. Get in at ground level! Amazing investment opportunity in the red-hot Bellwether District! Street-to-street access: Two parcels consisting of .55 acres. V sign lease income of $2,041.67 per month, 4 years left on the lease. The V sign may go digital, with double rent and value possibilities. In addition to rent, the sign company pays the seller $9,800 per year towards real estate taxes. There is a 5,200+/- warehouse with 1 spray booth, 1 large storage area, 2 lifts, 2 offices, a kitchen area, and 3 overhead doors. This property is nestled on one of the heaviest traffic counts in the City of Philadelphia by 676, and the Bellwether District is one of the Hottest growth areas in the City! Recent sales of adjacent properties will confirm the pricing.

Property Features
  • Heating Information
    • Electric
    • Other
    • Baseboard
  • Cooling Information
    • Wall Unit(s)
    • Electric
  • Water Features
    • Public
  • Parking
    • Parking Lot
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Last Updated: 2025-01-24 12:31:47
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EXIT ELEVATE REALTY
1450 Grays Ferry Ave. 1st Floor, Philadelphia, PA 19143
Office
215 623 6000
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