Active

3204 Vare Ave

Philadelphia PA, 19145

$4,000,000


$769.23 per sqft

Active

5,200 sqft

Commercial

Built in 1950

CONSTRUCTION HAS STARTED IN THE BELL WETHER DISTRICT. Get in at ground level! Amazing investment opportunity in the red hot Bellwether District! Street to Street access, Two parcels that consists of .55 acres. V sign lease income of $2,041.67 per month, 5 years left on lease. The V sign may go digital, with possibilities of double rent and value. 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, kitchen area and 3 overhead doors. This property is nestled on one of the heaviest traffic counts in the City of Philadelphia nestled by 676 and the Bellwether District is one of the Hottest growth areas in the City! Recent sales of adjacent properties will confirm pricing.

PAPH2291850

MLS ID

October 26, 2023

Listed

September 5, 2024

Updated

Map

3204 Vare Ave
Philadelphia PA, 19145

Interior Features

Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Baseboard, Electric

Exterior/Building Features

Lot Size

0.38 Acres


Sewer

Public Sewer

Other Property Details

Area Name

PHILADELPHIA


Taxes

$9,787


Tax Frequency

Annually


Days on Market

305


Garage

No


Parking Total

30


View

No


County

PHILADELPHIA


Water Source

Public


Pool

No

Listed by Michael A. Becker, with KW Empower
Listing Contact: 6108883035 

The IDX display contains information sourced from the Bright MLS, Inc. as of 9/5/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 9/5/2024 at 11:31 PM UTC

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