4948 WAYNE AVE, Philadelphia, PA 19144

• 2,970 sqft

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.

Listing Status:

Active

Data Last Updated:

July 27, 2026 at 2:18AM

Listing Office:

Canaan Realty Services INC : 2153331826

Listing Agent:

Suzy Park : 2675745755

MLS ID:

PAPH2649366

Interior

• Flooring: Other
• A/C: Window Unit(s)
• Heating: None
• Disability Feature: None

Exterior

• General: Above GradeBelow Grade
• Style: Traditional

Construction

• Roofing: Flat
• General: MasonryStone

Location

• Originating MLS: BRIGHT_MAIN
• School District: PHILADELPHIA CITY
• County: PHILADELPHIA-PA

Lot

• Zoning: CMX25871520050

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: BRIGHT_MAIN