3204 Vare Avenue, Philadelphia, PA 19145 - Photo 1

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$2,000,000

For Sale
Active
Warehouse

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Property Description

Construction has started in the red-hot Bellwether District-get in at ground level! This rare investment opportunity includes two street-to-street parcels totaling 0.55 acres with built-in income and major upside. The 4,800± sq ft warehouse is currently leased on a yearly basis for $4,500/month and includes a kitchen area, and three overhead doors. A V-sign on the property generates $2,041.67/month with four years left on the lease, and the sign company pays an additional $9,800 annually toward real estate taxes. Even better, there's potential to go digital-doubling both the rent and the value. Situated along one of Philadelphia's highest traffic corridors near I-676, this property is surrounded by major growth, with nearby sales confirming the price. Don't miss your chance to own a cash-flowing asset in one of the city's most rapidly developing areas.

Full Property Details

Full Property Details for 3204 Vare Ave

General

Price: $2,000,000
Taxes: $13,971 (2025)
Status: Active
Type: Warehouse
Source: BrightMLSPhilly
MLS ID: PAPH2424392
Updated: 12/17/2025
Added to Site: 411 day(s) ago

Business

Business Type: Parking Lot, Warehouse

Parking

Total Spaces: 30
Parking Type: Parking Lot

Location

Area: 19145 (19145)
Municipality: PHILADELPHIA
County: PHILADELPHIA
Subdivision: PHILADELPHIA (SOUTH)
Driving Directions: 76 east to Vare Ave.

Heating & Cooling

Cooling Type: Wall Unit
Cooling Fuel: Electric
Heating Type: Baseboard - Electric, Other
Heating Fuel: Electric
Water Heater: Oil

Utilities

Sewer: Public Sewer
Water: Public

Structural Information

Construction: Mixed
Drive-In Doors: 3
Building Size: 5200
Year Built: 1950
Year Built Source: Estimated

Unit Information

# Tenants: Multiple

Lot Features

Lot Size (Acres): 0.55
Lot Size (Sq. Ft.): 23,958
Lot Size Source: Estimated
Zoning: I2
Lot Description: Additional Lot(s)

Financial Considerations

Price Per Sq. Ft.: $384.62
Assessment Year: 2025
School Tax: $7,823
City/TownTax: $6,147
City/TownTax Freq: Annually
Tax w/Assessment: $998,085
Tax Amount: $13,971
Tax Year: 2025

Disclosures and Reports

Ownership: Fee Simple
Inclusions: Signage rental, possible cell phone tower lease

Listed by KW Empower, Michael A. Becker

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Listing agent

— 3204 Vare Ave —

Michael A. Becker

KW Empower

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NMLS#: 1598647

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Schools

Schools serving 3204 Vare Ave

School District:Philadelphia City School District

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 3204 Vare Ave Get Price Alerts and Save Property

Date

Details

Price

Change

Source

6/09/2025

Price Reduced

$2,000,000

-20%

MLS

12/02/2024

Listed

$2,500,000

—

MLS

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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 3204 Vare Ave

Year

Property Taxes

Change

Tax Assessment

Change

2025

$13,970

—

$998,000

—

2024

$13,971

180%

$998,085

100%

2021

$4,996

-49%

-100%

2023

$9,787

96%

$699,200

96%

2020

$4,996

—

$356,900

—

2019

$4,996

1%

$356,900

1%

2018

$4,969

87%

$355,000

87%

2017

$2,653

—

$189,500

—

2016

$2,653

4%

$189,500

—

2015

$2,539

—

$189,500

—

2014

$2,539

38%

$189,500

909%

2013

$1,835

—

$18,784

—

View All

Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost

Estimate the Cost for 3204 Vare Ave

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3204 Vare Avenue, Philadelphia, PA 19145 (MLS# PAPH2424392) is a Warehouse property. 3204 Vare Avenue is currently listed for $2,000,000 and was received on December 02, 2024. Want to learn more about 3204 Vare Avenue? Do you have questions about finding other Warehouse real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.

3204 Vare Ave Philadelphia, PA 19145