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3204 Vare Avenue

PHILADELPHIA, PA 19145
  • $4,000,000
  • STATUS: Active
  • ON SITE: 128 Days
  • ID#: PAPH2291850
UPDATED: 112 min ago
$4,000,000
  • 0
    BEDS
  • 0.38
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1950
County:

School Ratings & Info

Description

Amazing investment opportunity in the red hot Bellwether District! Street to Street access, Two parcels that consists of .55 acre. V sign lease income of $2041.67 per month, 6 years left on lease. The V sign may go digital, with possibilities of double rent and value. 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, kitchen area and 3 overhead doors. This property is nestled on one of the heaviest traffic counts in the City of Philadelphia and the Bellwether District is one of the Hottest growth areas in the City! Recent sales of adjacent properties will confirm pricing.

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or JW Real Estate, LLC. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-03-02T23:51:29.82.
www.jwre-pa.com/homes/144752285
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3204 Vare Avenue PHILADELPHIA, PA 19145

  • Price: $4,000,000
  • Status: Active
  • On Site: 128 Days
  • Updated: 112 min ago
  • ID#: PAPH2291850
0
Beds
0
Baths
0
½ Baths
0.38
Acres
1950
Built
Neighborhood:
Philadelphia (South)
County:
Philadelphia
Area:
19145 (19145)
School District:
The School District Of Philadelphia
Property Description
Amazing investment opportunity in the red hot Bellwether District! Street to Street access, Two parcels that consists of .55 acre. V sign lease income of $2041.67 per month, 6 years left on lease. The V sign may go digital, with possibilities of double rent and value. 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, kitchen area and 3 overhead doors. This property is nestled on one of the heaviest traffic counts in the City of Philadelphia and the Bellwether District is one of the Hottest growth areas in the City! Recent sales of adjacent properties will confirm pricing.
Exterior Features

Construction Materials Mixed Garage YN No Parking Types Parking Lot Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 5200.00 Cooling Wall Unit Heating Baseboard - Electric Heating YN Yes Inclusions Signage rentalpossible cell phone tower lease Net Square Feet 0.00

Property Features

Accessibility Features None Assessment Year 2023 Business Type Parking LotWarehouse Central Air YN No Cooling Fuel Natural Gas Heating Fuel Electric Hot Water Natural Gas Municipality PHILADELPHIA Navigable Water YN N New Construction YN No Original MLSNumber 802698564412 Ownership Interest Fee Simple Possession Settlement Property Sub Type Industrial Sale Type Standard Sewer Public Sewer Tax Annual Amount 14861.00 Tax Assessment Amount 1061700.00 Vacation Rental YN No Water Source Public Zoning I2

Listing courtesy of KW Empower: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or JW Real Estate, LLC. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-03-02T23:51:29.82.
 
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JW Real Estate, LLC
226 W Market St
West Chester PA, 19382