Absolute Auction of Former Bank Branch in Philadelphia, PA

Details
Auction Location

Sold for $651,000

3799 Clarenden Ave, Philadelphia, PA 19114
Selling Onsite with Live & Webcast Bidding
Thursday, August 27th at 10:00AM ET
Inspection: Thursday, August 20th at Noon - 2:00PM
Sale Manager: Robert Dann 888-299-1438, or rdann@maxspann.com

Property Description: One story 3,213± SF footprint former bank branch with drive through lanes built between 1958 and 1965 on 1.24± acres at corner of Clarenden Avenue (360± feet of frontage) and Knights Road (254 feet of frontage). Vehicular access to 45 parking spaces and building is via 2 curb cuts on Clarenden and one on Knights. Zoned RSA-4 (Residential Mixed Use). 2013 Parcel#88-2078200 is tax assessed at $2.1 million.

A March 18, 2014 ESA revealed no onsite or offsite RECs in connection with the Site.

Terms: Bank Proof of Funds Required to Bid, 5% Buyers Premium added to winning bid to determine sale price, 10% Earnest Money Deposit, 1% Broker Co-Op, close in 45 days.

Julian E Howell, III
Auctions conducted in cooperation and conjunction with:
Robert L. Dann PA AL# AU005609

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