Philadelphia, PA 19145,3204 VARE AVE
Philadelphia, PA 19145,3204 VARE AVE
Philadelphia, PA 19145,3204 VARE AVE
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$2,500,000
Est. payment /mo
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5,200 SqFt
Active

3204 VARE AVE Philadelphia, PA 19145

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UPDATED:

01/24/2025 05:00 PM

Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 5,200 sqft

Price per Sqft $480

Subdivision Philadelphia (South)

MLS Listing ID PAPH2424392

Originating Board BRIGHT

Year Built 1950

Annual Tax Amount $13,971

Tax Year 2025

Lot Size 0.550 Acres

Acres 0.55

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.

Location

State PA

County Philadelphia

Area 19145 (19145)

Zoning I2

Interior

Hot Water Oil

Heating Baseboard - Electric, Other

Cooling Wall Unit

Inclusions Signage rental, possible cell phone tower lease

Heat Source Electric

Exterior

Garage Spaces 30.0

Water Access N

Accessibility None

Total Parking Spaces 30

Garage N

Building

Lot Description Additional Lot(s)

Sewer Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 885566920, 882970205

Ownership Fee Simple

SqFt Source Estimated

Special Listing Condition Standard


Bright MLS (BMLS)
Listed by Michael A. Becker • KW Empower
Hope Greenlee
Hope Greenlee Agent | License ID: 658745

+1(443) 743-0551

1425 Clarkview Rd, Baltimore, MD, 21209, USA

Hope Greenlee
I am a seasoned Realtor with an impressive 16 years of experience in the real estate industry. Hailing from Baltimore County, I am a proud graduate of Parkville High School, and she furthered her education by pursuing a business degree at a prestigious school in Pittsburgh, Pennsylvania.
With a background as a Multi-Site Property Manager spanning over two decades across Maryland, I have honed my skills and expertise in various facets of real estate. However, my most cherished accomplishment is being a devoted mother to five children.
I am not just a Realtor; I am passionate and market-savvy professional who prioritizes my clients' satisfaction and best interests above all else. My commitment to understanding and meeting my clients' unique needs, combined with my extensive market knowledge, construction expertise, and exceptional negotiation skills, truly sets me apart in the industry.
Whether you're in the market to buy or sell, I promise to provide you with the special attention you deserve from a dedicated real estate professional. My approach is characterized by professionalism, patience, and unwavering loyalty to my clients, ensuring a seamless and satisfying real estate experience.
 

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