Building Size66000 sf sq ftLot Size3.47Current ZoningICMXReal Estate Taxes15083/ 2015Cap Rate19142Property UseJudgement / Foreclosure
This is a Commercial Real Estate mortgage note and Judgement
What is for sale is the JUDGEMENT ONLY for the right to foreclose on the property 2000-2038 S 71st St, Philadelphia, PA. Former Alto Printing Building. Face Value of note is $444,919.94. Property consists of 2000-38 S 71St & 7116 Hoy St, Philadelphia, PA. Tax Parcels are 884164640, 884464621, 884164625. Site Consists of 3.78 Acres. Building +/- 69,000 sf . Zoning I-2. The building, which appears to have been built in the early to mid-1900s, is constructed with a steel frame over a concrete slab foundation. The exterior is finished with brick and block walls along with a built up flat, rubber over wood decking. There is approximately 7,000 square feet or 10.6% of office area. There is a tailgate platform with 5 positions and a 17’ x 16’ drive-in door. Ceiling heights range from 12’ to 30’. The industrial areas of the building make up approximately 90% of the gross building area. The areas are lighted via metal halide lighting. Heat is provided by gas fired radiant tube and forced air. Heavy power is available to the site. This is a redevelopment site. AS OF RIGHT ICMX USES INCLUDE Multi-Family; Group Living; Recreation; Day Care; Educational Facilities; Fraternal Organization; Libraries and Cultural Exhibits; Religious Assembly; Safety Services; Wireless Service Facility; Office; Building Supplies and Equipment; Consumer Goods (except Drug Paraphernalia and Guns); Food, Beverages, and Groceries; Sundries, Pharmaceuticals, and Convenience Sales; Wearing Apparel and Accessories; Animal Services; Building Services; Business Support; Eating and Drinking Establishments; Financial Services (except Personal Credit Establishments); Funeral and Mortuary Services; Maintenance and Repair of Consumer Goods; Personal Services (except Body Art Services); Radio, Television, and Recording Services; Visitor Accommodations; Commercial Vehicle Sales and Rental; Warehouse; Distributor of Malt or Brewed Beverages; Artists Studios and Artisan Industrial; Research and Development; Community Garden; Market or Community-Supported Farm; Horticulture Nurseries and Greenhouses Uses requiring special exception approval: Assembly and Entertainment (except Amusement Arcade, Casino, and Pool or Billiards Room); Limited Industrial
