3111 Grays Ferry Ave 9,240 SF Industrial Building Philadelphia, PA 19146 $7,500,000 ($811.69/SF)

Positioned in the heart of Philadelphia’s Grays Ferry neighborhood, 3111 Grays Ferry Avenue presents a rare industrial acquisition opportunity with unmatched proximity to the city’s leading innovation and healthcare institutions. This 2.36-acre site features a versatile ±10,000 SF building with flexible office space and multiple drive-in doors, ideal for logistics, light manufacturing, or urban industrial users. The property benefits from I-3 Heavy Industrial zoning and sits directly on the Schuylkill waterfront, offering both operational functionality and scenic appeal.
Strategically located just 0.7 miles from I-76 and 4.5 miles from I-95, the site ensures seamless regional connectivity. It’s a short walk to the Pennovation Center and within minutes of the University of Pennsylvania, CHOP, and the broader University City district—making it a prime location for businesses seeking proximity to research, talent, and healthcare infrastructure. The property qualifies for a 10-year tax abatement and lies within a federally designated Qualified Opportunity Zone, offering significant long-term tax advantages for investors.
With ceiling heights ranging from 12'6" to 14'6", a fenced lot, and six drive-in doors of varying dimensions, the asset is well-equipped for a range of industrial uses. Whether for owner-occupancy or redevelopment, this site offers a compelling blend of location, scale, and incentives in one of Philadelphia’s most dynamic growth corridors.