CHARIS REALTY GROUP

3204 VARE AVENUE

PHILADELPHIA , PA 19145

MLS#: PAPH2424392

$2,000,000

Status: Active
Listing number: PAPH2424392
Listing provided by: KW Empower
Listing agent phone: None
Last update: 6 months ago
On site: 1 year, 2 months ago
Browse Properties
PHILADELPHIA (SOUTH) - Commercial Sale

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1950

Sq.Footage

N/A

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.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Wall Unit(s), Electric

  • Heating YN

    YES

  • Heating

    Electric, Other, Baseboard

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Parking

    Parking Lot

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.55

  • Property Type

    Commercial Sale

  • Property Sub Type

    Industrial

Price

  • Sales Price

    $2,000,000

  • Tax Amount

    13971.0

  • Zoning

    I-2 Including V-Sign

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Sewer

    Public Sewer

  • Water Source

    Public

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PHILADELPHIA

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Listing Courtesy of Michael A. Becker , KW Empower

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Agent Andre Prince

AGENT

Andre Prince

Call Andre today to schedule a private showing.

(301) 524-0112

andre@charisrealty.com


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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.

3204 VARE AVENUE

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