For Sale
$3,000,000

1a Waverly RdGlenside, PA 19038

214,750 SF Distribution Facility, PA

Overview

Added:
Dec 11, 2024
Days on market:
114
This Glenside, PA industrial property offers a unique investment opportunity. Priced at $3,000,000 ($13.97/SF), this fee-simple, owner-user property encompasses 214,750 square feet across two buildings. Built in 1908 and zoned R4, it features a single tenancy currently operating as a quarry. The property boasts an estimated 164,000 tons of untapped Wissahickon Schist, a highly sought-after building material. Its location in Montgomery County, Pennsylvania, near Philadelphia, provides easy access to major construction markets, minimizing transportation costs. This presents a rare chance to acquire a resource-rich property with significant long-term potential, capitalizing on the growing demand for local, sustainable building materials. The property is located at 1a Waverly Rd, Glenside, PA 19038. This represents a strong investment for those seeking to add to their existing portfolio or enter the market with a unique, high-value asset. The property's historical significance and the readily available, high-quality building material combine to create a compelling investment proposition.

Highlights

  • Rare opportunity to own a resource-rich Wissahickon Schist quarry in a historically significant US region.
  • High-demand Wissahickon Schist, prized for durability and aesthetics, ideal for high-end construction projects.
  • Prime Philadelphia location provides easy access to major markets, minimizing transportation expenses.
  • Significant untapped reserves ensure strong long-term investment potential in the sustainable building materials market.

Property Details for 1a Waverly Rd

Property type
Industrial properties, Distribution centers
Square Feet
214,750 SF
Year Built
1908
Buildings
2

Location Insight

City
Glenside
County
Montgomery
State
Pennsylvania
Latitude
40.086727642134
Longitude
-75.177857646868
1a Waverly Rd, Glenside, Pennsylvania

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1a Waverly Rd
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