1. Pennsylvania
2. Philadelphia
3. 3204 VARE AVE

3204 VARE AVE, Philadelphia, PA 19145

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.

Listing Status:

Active

Listing Office:

KW Empower : 2156273500

Listing Agent:

Michael A. Becker : 6108883035

MLS ID:

PAPH2424392

Interior

• A/C: Wall Unit
• Heating: Baseboard - ElectricOtherElectric
• Disability Feature: None

Construction

• General: Mixed

Location

• Originating MLS: BRIGHT_MAIN
• School District: THE SCHOOL DISTRICT OF PHILADELPHIA
• County: PHILADELPHIA-PA

Lot

• Zoning: I2885566920882970205

Utilities

• Utilities: 440 volts
• Water: Public
• Sewer: Public Sewer

Financial

• Source: BRIGHT_MAIN

This listing courtesy of Michael A. Becker, KW Empower