3204 VARE AVE Active Save Request In-Person Tour Request Virtual Tour
Philadelphia,PA 19145
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Subdivision Philadelphia (South)
MLS Listing ID PAPH2424392
Year Built 1950
Annual Tax Amount $13,971
Tax Year 2025
Lot Size 0.550 Acres
Acres 0.55
Property Sub-Type Industrial
Source BRIGHT
Property Description
Construction has started in the red-hot Bellwether District—get in at ground level! This rare investment opportunity includes two street-to-street parcels totaling 0.55 acres with built-in income and major upside. The 4,800± sq ft warehouse is currently leased on a yearly basis for $4,500/month and includes a kitchen area, and three overhead doors. A V-sign on the property generates $2,041.67/month with four years left on the lease, and the sign company pays an additional $9,800 annually toward real estate taxes. Even better, there's potential to go digital—doubling both the rent and the value. Situated along one of Philadelphia's highest traffic corridors near I-676, this property is surrounded by major growth, with nearby sales confirming the price. Don't miss your chance to own a cash-flowing asset in one of the city's most rapidly developing areas.
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
Special Listing Condition Standard