2728 Federal St, Philadelphia, PA 19146

$1,250,000

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List Price: $1,250,000
Days on Market: 0
Status: ACTIVE
MLS#: PAPH2659938
Lot Size (Acres): 0.15
Year Built: 1923
County: Philadelphia
School District: Philadelphia City

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Property Description

Philadelphia, PA 19146. Located in the rapidly growing Grays Ferry neighborhood, this expansive 64' x 100' lot (6,400 sqft) presents an incredible opportunity for investors and developers. The property consists of two large garages and an adjacent vacant lot, all zoned 1-2, 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 rapid transforming districts.

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