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