3204 Vare Ave

Highlights:

• Days on Market: 274
• Heating: Baseboard - Electric, Other

Description:

Additional Lot(s)

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.