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2728-2734 Federal St 6,400 SF 100% Leased Industrial Building Philadelphia, PA 19146 $1,500,000 ($234.38/SF)



EXECUTIVE SUMMARY
Rare 6,400 Sq. Ft. Development Opportunity in Booming Grays Ferry 2728-34 Federal Street, Philadelphia, PA 19146 Located in the rapidly growing Grays Ferry neighborhood, this expansive 64 x 100 lot (6,400 sq. ft.) presents an incredible opportunity for investors and developers. The property consists of two large garages and an adjacent vacant lot, all zoned I-2, offering a variety of potential uses. Grays Ferry has seen major investment and redevelopment, with Children's Hospital of Philadelphia (CHOP) acquiring nearby properties and significant residential and commercial growth along the Washington Avenue corridor. The area is just minutes from Center City, University City, and Graduate Hospital, making it an ideal location for multi-unit residential development or creative mixed-use projects. Key Highlights: Prime location near major development zones Zoned I-2 flexible potential for industrial or residential conversion Easy access to I-76, Schuylkill River Trail, and public transportation Close to Fresh Grocer supermarket and neighborhood amenities Strong demand for new housing in the area With unmatched potential in a high-growth neighborhood, this is a rare chance to secure a large piece of land in one of Philadelphia's most rapidly transforming districts. Don't miss out schedule a tour today!
PROPERTY FACTS
| Price | $1,500,000 | Rentable Building Area | 6,400 SF |
| Price Per SF | $234.38 | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built | 1923 |
| Property Type | Industrial | Clear Ceiling Height | 15’ |
| Property Subtype | Warehouse | No. Drive In / Grade-Level Doors | 3 |
| Building Class | C | Opportunity Zone |
Yes
|
| Lot Size | 0.11 AC | ||
| Zoning | I2 - Medium Industrial | ||
| Price | $1,500,000 |
| Price Per SF | $234.38 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.11 AC |
| Rentable Building Area | 6,400 SF |
| No. Stories | 1 |
| Year Built | 1923 |
| Clear Ceiling Height | 15’ |
| No. Drive In / Grade-Level Doors | 3 |
| Opportunity Zone |
Yes |
| Zoning | I2 - Medium Industrial |
AMENITIES
- Fenced Lot
Walk Score®
Very Walkable (82)
Bike Score®
Very Bikeable (87)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $334,080 | |
| Land Assessment | $190,120 | Total Assessment | $524,200 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$190,120
Improvements Assessment
$334,080
Total Assessment
$524,200
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2728-2734 Federal St
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