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
Square Footage 5,200 sqft
Price per Sqft $384
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
SqFt Source Estimated
Special Listing Condition Standard