ONLINE AUCTION ENDS JUNE 25 AT 1:00 PM ET. PRICE DETERMINED AT AUCTION.
Bankruptcy-Ordered Vine Street Redevelopment Opportunity, Philadelphia, PA
• OPENING BID: $100,000
• 10,034± SF corner parcel with frontage on three streets in West Philadelphia
• Located at the intersection of Vine Street, North 53rd Street, and North Peach Street
• Approx. 6,366± SF three-story existing building
• Strong visibility and access with frontage on three streets
• Located within an RSA-3 zoning district
• Existing structure may present adaptive reuse or redevelopment potential subject to buyer approvals
• Sold pursuant to Chapter
The property consists of an approximately 6,366± SF three-story building situated on an approximately 10,034± SF parcel in West Philadelphia. Located along Vine Street with frontage on three streets, the property presents a potential opportunity for redevelopment, repositioning, or adaptive reuse.
Constructed circa 1960, the property is being sold as-is, where-is, with all faults. Buyers are responsible for independently verifying zoning, permitted uses, redevelopment potential, building condition, and all municipal requirements.
Property sells via online auction. Final sale price will be determined through competitive bidding. Opening bid is $100,000. Sale is being conducted pursuant to Chapter 11 bankruptcy proceedings pending in the U.S. Bankruptcy Court, Middle District of Florida, Case No. 8:26-bk-01636-CPM, In re: RAD Diversified REIT, Inc., et al.
Bid online June 18-25. Price, if posted, is a suggested opening bid. Price determined at auction. See our website at www.Tranzon.com/DG26020 for full terms and conditions.