COMMERCIAL REAL ESTATE AUCTION

By Order of Secured Creditor

Thursday, September 30, 2010 at 1PM

on premises

2059-63 & 2101-03 Germantown Ave

Philadelphia, PA 19122

26500 + Sq Ft Building

with Secured Parking

 

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4 Story Warehouse w/ 3 story 3 bay service building, corner property, street to street, Germantown Ave – Fairhill Street – Diamond Street. Store front, warehouse, service bays, freight elevator, adjacent secured parking lot, (3600 + sq ft) 10+ car capacity; in the heart of 5th Street – American St. -  Germantown Ave. – North of  Northern Liberties Corridor Development. Suitable for Commercial – Loft – Residential Development.

Land Area: 10935+ sq ft Zoning: C2 Real Estate Taxes: $2120+ Deposit: $5,000

Parcel No’s: 882920015, 183436710, 183436500

Real Estate Terms: Cash or Certified Funds non-refundable deposit at knockdown w/balance of 10% of purchase price due within 7 days. Purchaser pays entire transfer taxes, all settlement charges & a 10% Buyer’s Premium to the auctioneer at the time of settlement within 45 days. Real Estate sells “AS IS” with no warranties or guarantees other than being free & clear of all liens & encumbrances. Sells subject to immediate confirmation. BROKER PARTICIPATION INVITED.

Inspection: 1 Hour prior to auction.

Information herein was obtained from reliable sources and is for advertising purposes only. Accuracy cannot be guaranteed. Announcements at auction time take precedence.

Barry S. Slosberg, Inc.       Auctioneers/Appraisers          AU-1487-L

215-425-7030       www.bssauction.com