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Listed by Richard K Cassell • KW Empower
$ 1,000,000
Est. payment /mo
Price Dropped by $200K
147-61 W GLENWOOD AVE Philadelphia, PA 19140
0.35 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
MLS Listing ID PAPH2528176
Year Built 1920
Annual Tax Amount $4,062
Tax Year 2025
Lot Size 0.354 Acres
Acres 0.35
Lot Dimensions 129.00 x 134.00
Property Sub-Type Industrial
Source BRIGHT
Property Description
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.
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.
Location
State PA
County Philadelphia
Area 19140 (19140)
Zoning I3
Interior
Hot Water Natural Gas
Heating None
Cooling None
Heat Source None
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 884341250
Ownership Fee Simple
Special Listing Condition Standard
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The NLC Group
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