Wissahickon Stone Quarry, located at 1a Waverly Road in Glenside, is listed on the industrial Real Estate market for $3,000,000, down from $3,500,000 when it first listed in February.
The property is 214,750 sqft and is being sold by Jim Isbell of Viewpoint Advisors.
The listing notes that “This opportunity is for an owner/user looking to add to their existing portfolio of quarries.”
From the quarry’s description on Nextdoor.com:
Wissahickon Schist, commonly called Chestnut Hill Stone is a very old, historical stone which dates to the Ordovician period, some 550 million years ago. It is so old, that it contains no fossils. It is a metamorphic rock, which means “undergoing a change”. It was originally gravel on the sea floor which then underwent vast pressure when volcanic action moved it upward to form a mountain range.
From the Marketing Description on Crexi.com:
Unleash the untapped potential of this remarkable property with an astounding 164,000 tons of Wissahickon Schist still waiting to be discovered! This hidden gem presents a unique opportunity for savvy investors to capitalize on the vast resources right beneath their feet. Imagine the possibilities of harnessing this valuable asset and maximizing your return on investment like never before!
Cheltenham Township is a home rule municipality and Township of the First Class located in the southeast corner of Montgomery County, Pennsylvania. It borders Philadelphia to the south and east, Abington Township and Jenkintown to the north, and Springfield Township to the west
The listing can be found here.
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Photo: Crexi.com