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2728 Federal St
For Sale $1,500,000
$1,500,000
- 5 Units
- Unknown Sq Ft
- 3,200 Sq Ft
- Unknown Cap Rate
Description
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.
ALSO FOR LEASE
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $1,500,000 |
| Property Type | Industrial |
| Usable Sqft | Unknown |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1923 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 884465250 |
| MLS # | PAPH2542778 |
| Property ID | 293999495 |
| Lot Sqft | 3,200 |
| Zoning | I2 |
| Total Units | 5 |
| Days on Market | 73 |
| Original List Price | Unknown |
| Date Updated | November 06, 2025 |
| Date Created | September 28, 2025 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Eric Strohm an agent of .
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Data last updated: December 10, 2025.
Robert Crawford
REAL ESTATE AGENT