147-161 W Glenwood Ave - Warehouse FOR SALE


Philadelphia, PA 19140- Fairhill
$1,200,000 USD
215-607-6007
147-161 W Glenwood Ave, Philadelphia, PA for Sale
$1,200,000 USD
Warehouse - FOR SALE
1/10
null | 8.1% Cap Rate

147-161 W Glenwood Ave
Philadelphia, PA 19140
Fairhill


HIGHLIGHTS

  • Large adaptive reuse play
  • owner operator willing to stay on
  • low over head with upward growth ability

OVERVIEW

Highlights – Business Industry: Steel manufacturing & distribution. EBITDA: 5-year average ˜ $60K/year (2019–2023). Valuation: ˜ $250K at 4× EBITDA (excludes equipment & goodwill). Staffing: 5 employees + owner (owner to remain 1–2 years post-sale). Growth Potential: Increase production, expand customer base, leverage existing vendor & client relationships. Equipment (Depreciated Market Value ˜ $425,000) Yoder Uncoiler & Coil Car – $50,000 Yoder 54” Slitter – $50,000Yoder 54” Recoiler – $60,000 Niles Overhead Crane (40,000#) – $50,000 Niles Overhead Crane (30,000#) – $45,000 Yale Forklift (20,000#) – $100,000 Signode Banding Station – $60,000 Bushman Upender – $10,000 (New replacement cost significantly higher — e.g., new 20,000# forklift = $435K in 2025) Real Estate Portfolio (Combined Value ˜ $2.39M) 147–161 W Glenwood Ave – Main Warehouse 12,000 SF industrial building, 30’ clear, multiple docks & drive-in. Market rent ˜ $7.50/SF NNN ? NOI ˜ $90K/year. Cap rate @ ask: ~7.5%. Offered at $1,200,000. Package Purchase Advantages Combined NOI (warehouse + yard): ˜ $153K/year ? ~8.1% cap on income assets. Strategic Control: Main facility + adjacent land for operations, expansion, or redevelopment. Owner Leaseback: Seller willing to lease warehouse for 1–2 years at market rate. Upside: Formalize yard lease, redevelop lots, grow business EBITDA. Package Price: Warehouse $1,150,000 + Rear Lot $250,000 + Lots $500,000 = $1,900,00

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$100 USD /SF

CAP RATE

8.1%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Distribution, Manufacturing, Truck Terminal

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1977

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

30 Ft

DOCKS

4

DRIVE INS

1

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.55

LAND SF

24,002

ZONING

I3-Heavy Industrial

APN/PARCEL ID

884341250

ASK ABOUT THIS PROPERTY

Rich CassellKW EmpowerMore Info
215-607-6007

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Rich CassellKW EmpowerMore Info
215-607-6007

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.