3204 Vare Avenue Philadelphia, PA ^$ 2,000,000

3204 Vare Avenue

^$ 2,000,000

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3204 Vare Avenue

Philadelphia, PA, 19145

^$ 2,000,000

Bedrooms-- Baths--

Monthly Estimate*

^$ 12,314

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Commercial Property for sale in Philadelphia, PA

for $2,000,000. This building was built in 1950 on a lot size of 0.55.

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 Philadelphias highest-traffic corridors near I-676, this property is positioned for continued growth and long-term appreciation within the expanding Bellwether District.

Commercial Active

Price

^$ 2,000,000

Property Type

Commercial

Taxes

^$ 13,971

Style

Parking Lot,Warehouse

Lot Size

0.55

Year Built

1950

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2424392

Features

Interior

Heating Fuel Electric

Hot Water Oil

Heating Y/N Y

Central Air Y/N N

General

Sewer Public Sewer

Heating Baseboard - Electric Other

Cooling Wall Unit

Possession Settlement

Zoning I2

Construction Materials Mixed

Year Built 1950

Electric 440 Volts

Property Subtype Industrial

Tax Year 2025

Ownership Fee Simple

Cool Fuel Electric

Municipality PHILADELPHIA

Business Type Parking Lot Warehouse

Accessibility None

County PHILADELPHIA

New Construction N

Property Type Commercial Sale

Subdivision Name PHILADELPHIA (SOUTH)

Water Access Y/N N

Status ACTIVE

Directions 76 east to Vare Ave.

City PHILADELPHIA

MLS Area 19145 (19145)

Lot Size Units Square Feet

Lot Size Square Feet 23958.00

Tax Annual Amount 13971.0

Price Per Sq Ft Total AG 384.62

Vacation Rental Y/N N

Standard Status Active

Year Built Source Estimated

Exterior

Lot Features Additional Lot(s)

Water Source Public

Inclusions Signage rental possible cell phone tower lease

Type of Parking Parking Lot

Water View Y/N N

Building Area Total 5200.00

Lot Dimensions 0

Lot Size Acres 0.55

Lot Size Source Estimated

Waterfront Y/N N

Land Assessed Value 998085.00

Navigable Water Y/N N

Water Oriented Y/N N

Internal Only

Street Number 1 3204

* Excluded Features

List By

Kw Empower

Broker

mikebecker@mccannteam.com

Affordability Calculator

$13,479

Per Month

Monthly Principal & Interest: $12,314
Monthly Property Taxes: $1,164
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Philadelphia, PA

Average List Price ^$1,127,876

Percent of Sale Price 44%

About Philadelphia, PA

1,588,239 Population

5% Since 2002

^$42,223 Median Income

36 Median Age

24% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2136830 Elementary School

2137124 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
6/9/2025	$2,000,000	-20.00%	Price Down
12/2/2024	$2,500,000		Listed Price

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3204 Vare Avenue, Philadelphia, PA, 19145 is a Commercial Property for sale at $2,000,000 with a lot size of 0.55. 3204 Vare Avenue was built in 1950. The property's zip code is 19145 which is in Philadelphia, PA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BrightMLS Broker Reciprocity^SM program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Weichert, Realtors® participates, and is provided by BrightMLS through a licensing agreement.

Real estate listings held by brokerage firms other than Weichert, Realtors® are marked with the Broker Reciprocity icon (a little black house) and detailed information about each listing includes the name of the listing broker.

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3204 Vare Avenue

Commercial Property for sale in Philadelphia, PA

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