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3204 Vare Ave

0.55 Acres of Commercial Land Offered at $2,500,000 in Philadelphia, PA 19145

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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!