$525,000

4948 Wayne Ave Philadelphia, PA 19144

Germantown Neighborhood

Estimated payment $3,101/month

Total Views 2,494
Studio
-- Baths
2,970 Sq Ft
$177 Price per Sq Ft

About This Home

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 Agent

Suzy Park

(215) 333-1826 joeyfang88@gmail.com Canaan Realty Services INC Brokerage Phone: 2153331826 License #RS379690 Listed on: 07/17/2026

Co-Listing Agent

Yu Yang

(215) 333-1826 joeyfang88@gmail.com Canaan Realty Services INC Brokerage Phone: 2153331826 License #RS379620

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,280

Year Built

  • Built in 1900

Lot Details

  • 1,567 Sq Ft Lot
  • Lot Dimensions are 18.00 x 87.00

Parking

  • On-Street Parking

Home Design

  • 2,970 Sq Ft Home
  • Traditional Architecture
  • Flat Roof Shape
  • Stone Foundation
  • Masonry

Utilities

  • Window Unit Cooling System
  • Natural Gas Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Tax Lot 154
  • Assessor Parcel Number 871520050

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,280

Year Built

Built in 1900

Lot Details

1,567 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Wall Ceiling Types: Masonry
  • Foundation Details: Stone
  • Total Sq Ft: 2970
  • Living Area Sq Ft: 2970
  • Price Per Sq Ft: 176.77
  • Above Grade Finished Sq Ft: 2970
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Roof: Flat
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.04
  • Lot Dimensions: 18.00 x 87.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1567.00
  • Zoning: CMX25

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 1276.00
  • Tax Annual Amount: 2280.00
  • Assessor Parcel Number: 871520050
  • Tax Lot: 154
  • County Tax Payment Frequency: Annually
  • Tax Year: 2025

MLS Schools

  • School District Name: PHILADELPHIA CITY

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/17/2026 07/17/26 For Sale $525,000 -- $177 / Sq Ft
Source: Bright MLS

Source: Bright MLS

MLS Number: PAPH2649366

Bright MLS
Pennsylvania Philadelphia County Philadelphia 19144 Germantown

4948 Wayne Ave, Philadelphia, PA

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