3204 Vare Ave
$2,500,000
3204 Vare Ave, Philadelphia, Pa 19145
5,200 sqft
Building Size
1950
Year Built
Details:
Highlights:
- Days on Market: 69
- Heating: Baseboard - Electric, Other
Description:
Additional Lot(s)
CONSTRUCTION HAS STARTED IN THE BELLWETHER DISTRICT. Get in at ground level! Amazing investment opportunity in the red-hot Bellwether District! Street-to-street access: Two parcels consisting of .55 acres. V sign lease income of $2,041.67 per month, 4 years left on the lease. The V sign may go digital, with double rent and value possibilities. 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, a kitchen area, and 3 overhead doors. This property is nestled on one of the heaviest traffic counts in the City of Philadelphia by 676, and the Bellwether District is one of the Hottest growth areas in the City! Recent sales of adjacent properties will confirm the pricing.
Location
Gallery
