4948 Wayne Ave, Philadelphia, PA 19144

$525,000
2,970
SqFt

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List Price
$525,000
Status
ACTIVE
Days on Market
7
MLS#
PAPH2649366
Subtype
Multi-Family
Style
Traditional
Year Built
1900
Living Area
2,970
Lot Size
1,567
Acres
0.04
MLS Area Major
19144 (19144)

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.

Additional Information

Taxes
$2,280
Property Description
Traditional
Zoning
CMX25
Flooring
Other
Heating
None
Air Conditioning
Window/Wall
Roof
Flat
Foundation
Stone
School District
Philadelphia City

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Listing courtesy of Canaan Realty Services INC. Contact: