4948 Wayne Ave, PHILADELPHIA, PA

$525,000

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2,970

Square feet

0.04

Acres

About 4948 Wayne Ave

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.

Features of 4948 Wayne Ave

MLS® # PAPH2649366
Price $525,000
Bathrooms 0.00
Square Footage 2,970
Acres 0.04
Year Built 1900
Type Multi-Family
Sub-Type Other,End of Row/Townhouse
Style Traditional
Status Active

Community Information

Address 4948 Wayne Ave
Area 19144
City PHILADELPHIA
County PHILADELPHIA-PA
State PA
Municipality PHILADELPHIA
Zip Code 19144

Amenities

Is Waterfront No

Interior

Heating None
Cooling Window Unit(s)
Has Basement No
Fireplace No

Exterior

Exterior Masonry
Roof Flat
Construction Masonry
Foundation Stone

School Information

District PHILADELPHIA CITY

Additional Information

Date Listed July 17th, 2026
Days on Market 57
Zoning CMX25
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeCanaan Realty Services INC

Listing Map

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