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2728 Federal St
For Sale $1,250,000
$1,250,000
- Units
- Unknown Sq Ft
- 6,400 Sq Ft
- Unknown Cap Rate
Description
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!
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 | $1,250,000 |
| Property Type | Flex Space |
| Usable Sqft | Unknown |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1923 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 884465250 |
| MLS # | PAPH2578220 |
| Property ID | 293999495 |
| Lot Sqft | 6,400 |
| Zoning | I2 |
| Days on Market | 22 |
| Original List Price | Unknown |
| Date Updated | February 03, 2026 |
| Date Created | January 25, 2026 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Derek J. Greene an agent of . Lic #SBR004802
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Data last updated: February 16, 2026.
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Robert Crawford
REAL ESTATE AGENT