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Rare 6,400 Sq. Ft. Development Opportunity - Booming Grays Ferry 📠2728-34 Federal Street, Philadelphia, PA 19146 Located in the rapidly growing Grays Ferry neighborhood, this 64' x 100' lot (6,400 sq. ft.) offers an incredible opportunity for investors and developers. The property includes two oversized garages plus an adjacent vacant lot, all zoned I-2, allowing for flexible redevelopment options. Grays Ferry is quickly becoming one of Philadelphia's most active development corridors, with Children's Hospital of Philadelphia (CHOP) expanding nearby, significant residential projects rising, and new commercial investment transforming the area. Just minutes from Center City, University City, and Graduate Hospital, this property is ideally positioned for multi-unit residential, mixed-use development, or adaptive re-use. 🔑 Key Highlights 6,400 sq. ft. development site - rare scale for the neighborhood I-2 zoning - industrial, residential, or creative mixed-use potential Prime location near CHOP, Washington Ave corridor, and major redevelopment projects Excellent connectivity - close to I-76, Schuylkill River Trail, and public transportation Neighborhood amenities - Fresh Grocer supermarket, shops, and services within walking distance Strong demand for new housing in one of Philly's fastest-growing areas With its size, zoning flexibility, and unbeatable location, this property represents a unique opportunity to secure a large footprint in a high-growth Philadelphia neighborhood.
DAYS ON MARKET | 10 | LAST UPDATED | 9/29/2025 |
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YEAR BUILT | 1923 | COMMUNITY | 19146 (19146) |
COUNTY | PHILADELPHIA | STATUS | Active |
PROPERTY TYPE(S) | Commercial |
School District | PHILADELPHIA CITY |
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ADDITIONAL DETAILS | |
AIR | None |
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APPLIANCES | Gas Water Heater |
AREA | 19146 (19146) |
GARAGE | Yes |
HEAT | None |
LOT | 3049 sq ft |
LOT DIMENSIONS | 80x100 |
PARKING | Private, Garage |
SEWER | Public Sewer |
TAXES | 4165 |
UTILITIES | Sewer Available, Water Available, Electricity Available |
VIEW | Yes |
VIEW DESCRIPTION | Street |
WATER | Public |
ZONING | I-2 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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