$ 2,000,000
-
$2,000,000
Price -
0
Bed -
0
Bath -
5,200
SqFt
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About the Listing KWEMPWR - 3126658
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.
Listing Highlights
Status
Active
Days on Site
474
Property Type
Commercial Sale
MLS ®
PAPH2424392
Year Built
1950
Total Square Footage
5,200
Lot/Acreage
0.55
County
Philadelphia
Neighborhood
Philadelphia (South)
Area
19145 (19145)
School District
The School District Of Philadelphia
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Wall Unit
- Heating: Baseboard - Electric
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Additional Lot(s),Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Parking Spaces: 30
- Lot Dimensions: 0
- Zoning: I-2 Including V-Sign
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: Parking Lot,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Financial Details
- Tax Amount: $13,971
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
Monthly Payment
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Questions About..
3204 Vare Ave Philadelphia, PA 19145
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