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$525,000
Monthly Est:$2,613
-- Bed
-- Bath
2,970sqft
4948 Wayne Ave, Philadelphia, PA 19144
$525,000
$2,613/moEst:
Get Pre-Approved
Multi Family
Built in 1900
$-- HOA
1,567 sqft lot
$177/sq.ft
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.
- Houzeo last checked: 8 minutes ago
- Listing updated: July 17, 2026 at 3:50 pm
- Listing Provided by: Suzy Park (267) 574-5755 , Yu J Yang (215) 429-3330 | Canaan Realty Services INC (215) 333-1826
- Source: Bright MLS-NJ | MLS#: PAPH2649366
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
Year Built
1900
HOA Fees
-
Finished Area
2,970 sqft
Lot Size
1,567 sqft lot
Basement Area
- sqft
MLS Name
Bright MLS
MLS Number
PAPH2649366
MLS Status
ACTIVE-BRIGHT
Days on Market
1
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Sewer
Public Sewer
Cooling
Window Unit(s)
Flooring
Other
Heating
None
Construction
Year Built
Year Built: 1900
Home type
Multi Family
Foundation Details
Stone
Construction Materials
Masonry
Roof
Flat
Architectural Style
Traditional
Utilities & Energy
Water Source
Public
Price History
| Date | Event | Price |
|---|---|---|
07/17/2026 Source: | Listed for Sale | $525,000 $177/sqft |
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