4948 WAYNE AVE, Philadelphia, PA 19144
4948 WAYNE AVE, Philadelphia, PA 19144
4948 WAYNE AVE, Philadelphia, PA 19144
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Listed by Suzy Park • Canaan Realty Services INC
$525,000
Est. payment /mo
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2,970 SqFt
New

4948 WAYNE AVE Philadelphia, PA 19144

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Key Details

Property Type Multi-Family, Townhouse

Sub Type End of Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 2,970 sqft

Price per Sqft $176

MLS Listing ID PAPH2649366

Style Traditional

Abv Grd Liv Area 2,970

Year Built 1900

Annual Tax Amount $2,280

Tax Year 2025

Lot Size 1,567 Sqft

Acres 0.04

Lot Dimensions 18.00 x 87.00

Property Sub-Type End of Row/Townhouse

Source BRIGHT

Property Description

Exceptional opportunity to acquire both the real estate and an established food business at 4948 Wayne Avenue. Offered together at a total asking price of $525,000, consisting of $350,000 for the real estate and $175,000 for the business, this mixed-use property features an operating first-floor steak and hoagie restaurant, an upstairs residential apartment, and a basement.

The commercial space offers the opportunity to continue the existing food business or introduce a new concept, subject to all applicable zoning, licensing, and governmental approvals. The upstairs apartment has never been occupied or rented by the current owner and is currently vacant, offering flexibility for personal use, employee housing, or potential rental income, subject to applicable approvals.

Ideal for an entrepreneur or investor seeking to own both the business and the underlying real estate. The combination of an operating commercial space, residential unit, basement storage, and established neighborhood presence makes this a compelling owner-user or investment opportunity.

The real estate and business must be sold together.

Location

State PA

County Philadelphia

Area 19144 (19144)

Zoning CMX25

Interior

Hot Water Natural Gas

Heating None

Cooling Window Unit(s)

Flooring Other

Fireplace N

Heat Source None

Exterior

Water Access N

Roof Type Flat

Accessibility None

Garage N

Building

Foundation Stone

Above Ground Finished SqFt 2970

Sewer Public Sewer

Water Public

Architectural Style Traditional

Additional Building Above Grade, Below Grade

Structure Type Masonry

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 871520050

Ownership Fee Simple

SqFt Source 2970

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard


Bright MLS (BMLS)

Nearby Locations

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Juliana Daneva

Juliana Daneva

Agent | License ID: 0225242418

+1(703) 798-7919

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4948 WAYNE AVE