4948 Wayne Ave, Philadelphia, PA 19144

Philadelphia
Local realty services provided by:ERA Martin Associates
4948 Wayne Ave,Philadelphia, PA 19144
$525,000
  • 4 Beds
  • - Baths
  • 2,970 sq. ft.
  • Multi-family
  • Active
Listed by: suzy park, yu j yang
Office: canaan realty services inc
MLS#:PAPH2649366
Source:BRIGHTMLS

Price summary

  • Price:$525,000
  • Price per sq. ft.:$176.77

About this home

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...

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Home facts

  • Year built:1900
  • Listing ID #:PAPH2649366
  • Added:50 day(s) ago
  • Updated:September 06, 2026 at 01:49 PM

Rooms and interior

  • Bedrooms:4
  • Living area:2,970 sq. ft.

Heating and cooling

  • Cooling:Window Unit(s)

Structure and exterior

  • Roof:Flat
  • Year built:1900
  • Building area:2,970 sq. ft.
  • Lot area:0.04 Acres
  • Architectural Style:Traditional
  • Construction Materials:Masonry
  • Foundation Description:Stone

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$525,000
  • Price per sq. ft.:$176.77
  • Tax amount:$2,280 (2025)

Parking

  • Parking description:On Street

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