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.
Listed By
Agency Name: Canaan Realty Services INC
Agency Phone: 2153331826
Shown By
Agent Name: The Jen Feinberg Team
Agent Phone: (717) 215-7112
Agency Title: Berkshire Hathaway HomeServices Homesale Realty
Estimated Payment
$ 1,511.55 per month $1,168.42 Principal & Interest $190.00 Property Tax $153.13 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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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.jenfeinberg.com today.