Property
Philadelphia, PA 19145 3204 Vare Avenue
$2,500,000
25 more
Presented By: KW Empower
Home Details
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.
Presented By: KW Empower
Interior Features for 3204 Vare Avenue
Other Interior Features
Central Air Y/NNo
Heating FuelElectric
Heating Y/NYes
Hot WaterOil
General for 3204 Vare Avenue
AccessibilityNone
Business TypeParking Lot, Warehouse
CityPHILADELPHIA
Construction MaterialsMixed
Cool FuelElectric
CoolingWall Unit
CountyPHILADELPHIA
Directions76 east to Vare Ave.
Electric440 Volts
HeatingBaseboard - Electric, Other
Lot Size Square Feet23958.00
Lot Size UnitsSquare Feet
MLS Area19145 (19145)
ModificationTimestamp2025-04-21T14:15:19
MunicipalityPHILADELPHIA
New ConstructionNo
OwnershipFee Simple
PossessionSettlement
Price Per Sq Ft Total AG480.77
Property SubtypeIndustrial
Property TypeCommercial Sale
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Subdivision NamePHILADELPHIA (SOUTH)
Tax Annual Amount13971.0
Tax Assessed Value998085.0
Tax Year2025
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1950
Year Built SourceEstimated
ZoningI2
Exterior for 3204 Vare Avenue
Building Area Total5200.00
Car Parking Spaces30
InclusionsSignage rental, possible cell phone tower lease
Land Assessed Value998085.00
Lot Dimensions
Lot FeaturesAdditional Lot(s)
Lot Size Acres0.55
Lot Size SourceEstimated
LotDimensionsSourceEstimated
Navigable Water Y/NNo
Total Loading Docks0
Total Parking Spaces30
Type of ParkingParking Lot
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Additional Details
Price History
Ebonie Clerier
Associate