Vine Street Redevelopment Opportunity

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. Click “ACCESS PROPERTY DOCUMENTS” to review the Property Information Package, including the purchase and sale agreement, bankruptcy sale documents, due diligence materials, complete terms and conditions of sale, and instructions for becoming an approved bidder. Tranzon Alderfer Lic. Real Estate Broker. Sanford L Alderfer, PA Auction Lic# AU-001980-L & RM422401 Tranzon Driggers, Lic. Real Estate Broker. Jon Ketmann Barber, FL Auction Lic# AU4586 & AB3145 10% Buyer’s Premium