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3204 Vare Avenue,  Philadelphia PA, 19145

(Active)
$4,000,000
|
5,200 sqft
|
MLS# PAPH2291850
Last Updated: 5/3/2024 10:24 PM
Description for 3204 Vare Avenue Philadelphia, PA 19145
Amazing investment opportunity in the red hot Bellwether District! Street to Street access, Two parcels that consists of .55 acre. V sign lease income of $2041.67 per month, 6 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 and the Bellwether District is one of the Hottest growth areas in the City! Recent sales of adjacent properties will confirm pricing.
Price
$4,000,000
PHILADELPHIA (SOUTH)
PHILADELPHIA
5,200 (approx)
PAPH2291850
Active
Description
Amazing investment opportunity in the red hot Bellwether District! Street to Street access, Two parcels that consists of .55 acre. V sign lease income of $2041.67 per month, 6 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 and the Bellwether District is one of the Hottest growth areas in the City! Recent sales of adjacent properties will confirm pricing.
Listing Information
Property Type: Industrial, Business Opportunities, Other
0.38 Acres 5,200 (approx) 1950
PHILADELPHIA (SOUTH)
Public
Public Sewer
Neighborhood
Room Information
Interior Features
Electric Heating, Baseboard
Exterior / Lot Features
30 Parking Spaces,
0
Driving Directions
76 east to Vare Ave.
Financial Considerations
885566920, 882970205
$14,861
Listing Price History

Philadelphia Real Estate

Philadelphia is located in Pennsylvania. Philadelphia, Pennsylvania 19145 has a population of 1,615,184.

The median household income in Philadelphia, Pennsylvania 19145 is $50,654. The median household income for the surrounding county is $50,724 compared to the national median of $66,222. The median age of people living in Philadelphia 19145 is 37 years.

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Courtesy: KW Empower
BRIGHT MLS - All information, regardless of source, should be verified by personal inspection by and/or with the appropriate professional(s). The information is not guaranteed. Measurements are solely for the purpose of marketing, may not be exact, and should not be relied upon for loan, valuation, or other purposes.
This content last refreshed on 5/3/2024 10:24 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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