3204 VARE AVE, Philadelphia, PA 19145
See all 30 photos
3204 VARE AVE, Philadelphia, PA 19145
3204 VARE AVE, Philadelphia, PA 19145
3204 VARE AVE, Philadelphia, PA 19145
3204 VARE AVE, Philadelphia, PA 19145
Listed by Michael A. Becker • KW Empower
Bought with NON MEMBER • Non Subscribing Office

$2,000,000

Est. payment /mo

$2,000,000

Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

3204 VARE AVE Philadelphia, PA 19145

0.55 Acres Lot

SOLD DATE : 09/24/2026

Key Details

Sold Price $2,000,000

Property Type Commercial

Sub Type Industrial

Listing Status Sold

Purchase Type For Sale

Subdivision Philadelphia (South)

MLS Listing ID PAPH2424392

Sold Date 09/24/26

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 begun in the rapidly developing Bellwether District. This property offers a rare investment opportunity featuring two street-to-street parcels totaling approximately 0.55 acres with multiple income streams.The ±4,800 SF warehouse is leased on a yearly basis for $4,500 per month and includes a kitchen area and three overhead doors. The adjoining lot is rented for $1,500 per month. In addition, a V-sign on the property produces $2,041.67 per month, with approximately 3.5 years remaining on the lease. The sign company also contributes $9,800 annually toward real estate taxes.Total monthly income is $8,041, with $9,800 per year in tax reimbursement. There is potential to convert the sign to digital, which could significantly increase rent and property value.Located along one of Philadelphia's highest-traffic corridors near I-676, this property is positioned for continued growth and long-term appreciation within the expanding Bellwether District.

Location

State PA

County Philadelphia

Area 19145 (19145)

Zoning I2

Interior

Hot Water Oil

Heating Baseboard - Electric, Other

Cooling Wall Unit

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

Special Listing Condition Standard

Read Less

Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP


Bright MLS (BMLS)

NEARBY SCHOOLS & BUSINESSES

Anita John

Anita John

Advisor DC# SP40003521MD# 5018245VA# 0225272353

+1(415) 939-9924

GET MORE INFORMATION

Name
Phone*
Message