238 North 53rd Street, Philadelphia, PA 19139 For Sale

ONLINE AUCTION ENDS JUNE 25th. Price, if posted, is a suggested opening bid. PRICE DETERMINED AT AUCTION.

Bankruptcy-Ordered Redevelopment Opportunity Philadelphia, PA

• 10,034+/- SF parcel with frontage on three streets
• Located at the intersection of North 53rd Street, Vine Street, and North Peach Street in West Philadelphia
• RSA-3 zoning district; existing use believed to be nonconforming
• Sold pursuant to Chapter 11 bankruptcy proceedings and subject to Court approval

The property consists of an approximately 6,366± SF three-story building situated on an approximately 10,034± SF parcel featuring frontage on three streets. Constructed circa 1960, the property appears to require substantial rehabilitation and is being sold strictly as-is, where-is, with all faults.

The property is currently zoned RSA-3 Residential District. The existing funeral home use is believed to be nonconforming under current zoning regulations. Buyers are responsible for independently verifying zoning, permitted uses, redevelopment potential, building condition, and all municipal requirements.

Property sells as-is 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.

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

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.