3111 Grays Ferry Ave - Service FOR SALE


Philadelphia, PA 19146- Grays Ferry
$7,500,000 USD
215-448-6053
3111 Grays Ferry Ave, Philadelphia, PA for Sale
$7,500,000 USD
Service - FOR SALE
1/21
null | Request Cap Rate

3111 Grays Ferry Ave
Philadelphia, PA 19146
Grays Ferry


HIGHLIGHTS

  • Located in a Qualified Opportunity Zone with 10-year tax abatement
  • Direct access to I-76 and I-95 for regional distribution
  • Six drive-in doors with varied dimensions for flexible loading
  • Walking distance to Pennovation Center and University City
  • Positioned on the Schuylkill waterfront with fenced lot
  • Zoned I-3 Heavy Industrial, ideal for diverse industrial uses

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$7,500,000 USD

PRICE/SF

$812 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Service

ADD'L SUBTYPES

Truck Terminal, Warehouse, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1975

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

6

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.36

LAND SF

102,802

ZONING

I-3

APN/PARCEL ID

882971230

ASK ABOUT THIS PROPERTY

Chris PenningtonBinswangerMore Info
215-448-6053

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Chris PenningtonBinswangerMore Info
215-448-6053

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.