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3111 Grays Ferry Ave 9,240 SF Industrial Building Philadelphia, PA 19146 $10,464,000 CAD ($1,132.47 CAD/SF)

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INVESTMENT HIGHLIGHTS

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

EXECUTIVE SUMMARY

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.

PROPERTY FACTS

Price $10,464,000 CAD
Price Per SF $1,132.47 CAD
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Service
  • Industrial Truck Terminal
  • Industrial Warehouse
  • FlexLight Distribution
Building Class C
Lot Size 2.36 AC
Rentable Building Area 9,240 SF
No. Stories 1
Year Built 1975
Tenancy Single
No. Drive In / Grade-Level Doors 6
Opportunity Zone Yes
Zoning I-3 - Heavy Industrial

AMENITIES

  • Fenced Lot
Walk Score®
Very Walkable (79)
Bike Score®
Biker's Paradise (90)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
882971230
Land Assessment
$1,394,817 CAD
Improvements Assessment
$597,779 CAD
Total Assessment
$1,992,596 CAD
  • Listing ID: 37804062

  • Date on Market: 2025-04-17

  • Last Updated:

  • Address: 3111 Grays Ferry Ave, Philadelphia, PA 19146

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