3204 Vare Ave
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3204 Vare Ave
0.55 Acres of Commercial Land Offered at $2,500,000 in Philadelphia, PA 19145
Executive Summary
Amazing investment opportunity in the red hot Bellwether District! Street to Street access. 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!
Property Facts
Price | $2,500,000 | Property Type | Land |
Sale Type | Investment | Property Subtype | Commercial |
No. Lots | 1 | Total Lot Size | 0.55 AC |
Price | $2,500,000 |
Sale Type | Investment |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Commercial |
Total Lot Size | 0.55 AC |
1 Lot Available
Lot
Price | $2,500,000 | Lot Size | 0.55 AC |
Price Per AC | $4,545,455 |
Price | $2,500,000 |
Price Per AC | $4,545,455 |
Lot Size | 0.55 AC |
This listing includes 3204 Vare Avenue and 3223 Maiden Lane.
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PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $287,760 | |
Land Assessment | $1,070,025 | Total Assessment | $1,357,785 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$1,070,025
Improvements Assessment
$287,760
Total Assessment
$1,357,785
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3204 Vare Ave
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