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MLS: #PAPH2649366, Listed By: Suzy Park, Canaan Realty Services INC, Source:Bright MLS

4948 Wayne Avenue

PHILADELPHIA, PA 19144
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Bed 4

Bed

Bath 0

Bath

SqFt2,970

Sqft

Acres0.04

Acre(Lot)

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 ent repreneur 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.

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Detail Ic Property Details

Property Type : Residential Income

Price : $525,000

AD Id : 88163603

MLS Id : PAPH2649366

Beds : 4

Lot Size : 0.04 Acre

Living Area Size : 2,970

Year Built : 1900

County : PHILADELPHIA

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Feature Features

  • Bedroom Information

    Total beds: 4
  • Flooring Information

    Other
  • Roofing Information

    Flat
  • Interior Features

    Roof: Flat Appliances: Gas Water Heater
  • Heating & Cooling

    Heating: None Has Cooling: Yes Cooling: Window Unit(s), Electric

  • Building Information

    Year Built: 1900 Building Area Total: 2970 Pool Features: None Private Pool: No

  • Lot Information

    Lot Dimensions: 18.00 x 87.00 Lot Size Acres: 0.04 Lot Size Source: Assessor Lot Size Square Feet: 1567

  • Listing Price Information

    Listing Price: $525000

  • Tax Information

    Parcel Number: 871520050 Tax Lot: 154 Tax Year: 2025 Annual Tax: $2280

  • Parking Information

    On Street

  • Location Information

    Direction: use GPS WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
4706 Greene Street, Philadelphia, PA, 19144 $230,000 4 1 1,792 1,792 SqFt
329 E Wister Street, Philadelphia, PA, 19144 $499,000 12 4 7,621 7,621 SqFt
4623 Pulaski Ave, Philadelphia, PA, 19144 $275,000 6 2 3,178 3,178 SqFt
5540 Crowson Street, Philadelphia, PA, 19144 $119,900 3 1 1,200 1,200 SqFt
39 E Church Lane, Philadelphia, PA, 19144 $285,000 4 2 1,888 1,888 SqFt
51 E Penn Street, Philadelphia, PA, 19144 $1,375,000 5 4 4,580 4,580 SqFt
5136 Wayne Avenue, Philadelphia, PA, 19144 $1,125,000 5 4 3,593 3,593 SqFt
5302 Wayne Avenue, Philadelphia, PA, 19144 $450,000 4 -- 3,291 3,291 SqFt
424 W Bringhurst Street, Philadelphia, PA, 19144 $171,000 6 3 2,592 2,592 SqFt
229 E Price Street, Philadelphia, PA, 19144 $330,000 4 2 1,960 1,960 SqFt

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which ByOwner participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright © 2026 Bright MLS. All rights reserved.

ByOwner last updated this listing 07/28/2026 @ 05:13

MLS: PAPH2649366 LISTED BY: Suzy Park, Canaan Realty Services INC 215-333-1826 SOURCE: Bright MLS

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