3111-3145 Grays Ferry Ave Industriel/Logistique 858 m² À vendre Philadelphia, PA 19146 6 584 250 € (7 670,16 €/m²)

SCOPE Commercial Real Estate Services, LLC "SCOPE" is pleased to present the opportunity to acquire 3111 Grays Ferry Avenue in Philadelphia, PA.
The offering encompasses a 102,897 square-foot lot with I-3 zoning. The property stretches underneath the I-76 highway with approximately 40,000 square feet being covered. An existing 10,000 square foot service facility remains on site, most recently used as auto repair. The property is located within a qualified opportunity zone, offering potential tax benefits and investment advantages for developers. Additionally, also for developers, a full 10-year tax abatement is still viable for commercial ground up with an adjusted 10-year available for multifamily.
Located on the Schuylkill waterfront, the property is situated in close proximity to key landmarks and future development projects, including the Pennovation Center, a 58,000-square-foot business incubator and laboratory at the University of Pennsylvania. It is also positioned to benefit from the planned corridor linking the Pennovation Center with the Philadelphia Navy Yard, promising to boost the area's economic integration and attractiveness. Surrounding the site, the Bellwether District Plan aims for neighborhood revitalization, supporting a dynamic, mixed-use area conducive to innovation. Additionally, its closeness to major healthcare institutions like CHOP and Penn Campus integrates the property into a vibrant healthcare, education, and research community.