4948 Wayne Avenue , Philadelphia, PA 19144

$525,000
  • 4948 Wayne Avenue , Philadelphia, PA 19144 Main Photo

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New to the Market ACTIVE
BEDS0 BATHS SQUARE FEET2,970 MLS#PAPH2649366
STATUSACTIVE PROPERTY TYPEMulti Unit - Multiple SCHOOLPHILADELPHIA CITY

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.

4948 Wayne Avenue | MLS# PAPH2649366

This multi-family property located at 4948 Wayne Avenue , Philadelphia, PA 19144 is currently listed for sale with an asking price of $525,000. Wayne Avenue is located within the PHILADELPHIA CITY school district. Search Philadelphia real estate on www.realtymark.net today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Window Unit(s)
Fuel Type: None
Heating: None
Home Style: Traditional
Lot Size: 0.04 Acres
Roof Type: Flat
Taxes: $2,280
Year Built: 1900

Feature Descriptions

Additional Structures: Above Grade, Below Grade
Exterior: Masonry
Lot Dimensions: 0.04 Acre(S)
Municipality: PHILADELPHIA
Sewer: Public Sewer
Structure Type: End of Row/Townhouse
Two Bedroom Units: 2
Units: 3
Water: Public

Local Schools

School District: PHILADELPHIA CITY

Listed By / Shown By

Listed By

Agency Name: Canaan Realty Services INC
Agency Phone: 2153331826

Shown By

Agency Title: RealtyMark
Agency Phone: 888-260-0040

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Estimated Payment

$ 1,511.55 per month $1,168.42 Principal & Interest $190.00 Property Tax $153.13 Homeowner's Insurance

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All commissions are negotiable Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 07/18/2026. The listing information on this page last changed on 07/18/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sat 07/18/2026 12:00:08 AM EST) or Stellar MLS (last updated Fri 07/17/2026 11:44:07 PM EST) or GSMLS (last updated Fri 07/17/2026 11:54:27 PM EST) or Emerald Coast MLS (last updated Fri 07/17/2026 11:55:33 PM EST) or Fort Myers (last updated Fri 07/17/2026 11:04:31 PM EST) or Central Panhandle Association of Realtors (last updated Fri 07/17/2026 11:57:18 PM EST) or Northeast Florida MLS (last updated Fri 07/17/2026 11:59:02 PM EST) or Beaches MLS (last updated Fri 07/17/2026 11:49:31 PM EST) or Naples MLS (last updated Fri 07/17/2026 11:40:23 PM EST) or Bright MLS (last updated Fri 07/17/2026 11:50:26 PM EST) or OneKey MLS (last updated Fri 07/17/2026 11:53:29 PM EST). Real estate listings held by brokerage firms other than RealtyMark may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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