PA > Philadelphia > Philadelphia (South)
Philadelphia, PA 19145,3204 VARE AVE
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Philadelphia, PA 19145,3204 VARE AVE
Philadelphia, PA 19145,3204 VARE AVE
Philadelphia, PA 19145,3204 VARE AVE
Philadelphia, PA 19145,3204 VARE AVE
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Rosegate Mortgage

Rosegate Mortgage

+1(704) 460-2760
Listed by Michael A. Becker • KW Empower
$ 2,000,000
Est. payment /mo
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Active

3204 VARE AVE Philadelphia, PA 19145

5,200 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 5,200 sqft

Price per Sqft $384

Subdivision Philadelphia (South)

MLS Listing ID PAPH2424392

Year Built 1950

Annual Tax Amount $13,971

Tax Year 2025

Lot Size 0.550 Acres

Acres 0.55

Property Sub-Type Industrial

Source BRIGHT

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.

Location

State PA

County Philadelphia

Area 19145 (19145)

Zoning I2

Interior

Hot Water Oil

Heating Baseboard - Electric, Other

Cooling Wall Unit

Inclusions Signage rental, possible cell phone tower lease

Heat Source Electric

Exterior

Garage Spaces 30.0

Water Access N

Accessibility None

Total Parking Spaces 30

Garage N

Building

Lot Description Additional Lot(s)

Sewer Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 885566920, 882970205

Ownership Fee Simple

SqFt Source Estimated

Special Listing Condition Standard

Bright MLS (BMLS)
agent

Rosegate Mortgage

Lender | License ID: NMLS: 2020757

+1(704) 460-2760

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3204 VARE AVE