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4948 Wayne AvenuePhiladelphia, PA 19144

For Sale

$525,000

Smart Buyer Rebate $5,250

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 Suzy Park

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License #RS379690

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Canaan Realty Services INC

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2675745755

Last updated July 17, 2026

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Source: BrightMLS #PAPH2649366

Listing Facts

  • TypeMulti-family
  • NeighborhoodSouthwest Germantown
  • Days on Prevu15
  • Taxes$2,280/year
  • Size2,970 sqft
  • Price per sqft$177

Location

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Listing History

07/17/2026
Listed by Canaan Realty Services INC
$525,000

Property Details for 4948 Wayne Avenue

Exterior

Construction

  • New Construction: No
  • Number Of Units Total: 3
  • Roof: Flat
  • Year Built: 1900
  • Architectural Style: Traditional
  • Construction Materials: Masonry

Features

  • Other Structures: Above Grade, Below Grade
  • Waterfront: No

Measurements

  • Lot Dimensions Source: Assessor
  • Lot Size Acres: 0.04
  • Lot Size Dimensions: 18
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 1,567
  • Lot Size Units: Square Feet

Financial

Taxes

  • Tax Annual Amount: $2,280.00
  • Tax Year: 2025

Interior

Features

  • Fireplace: No
  • Flooring: Other

Measurements

  • Living Area: 2,970
  • Living Area Source: Assessor

Other

Location

  • Tax Lot: 154

Parking

Parking

  • Garage: No

Utilities

Equipment

  • Cooling: Window Unit(s)
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 4948 Wayne Avenue.

What are the annual taxes for 4948 Wayne Avenue?

Annual taxes for this multi-family home are estimated at $2,280.

How does 4948 Wayne Avenue compare to other multi-family homes in Southwest Germantown?

This multi-family home is listed 19% above the average price for multi-family homes in Southwest Germantown and has been on the market for 60 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 2,970 sqft.

4948 Wayne Avenue is a -bedroom multi-family home for sale in PHILADELPHIA PA 19144. Available on Prevu for 15 days at $525,000. This property features 2,970 square feet of living space, located in Southwest Germantown. The median listing price for multi-family homes in this area is $240,000. View other multi-family home listings in Philadelphia.

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Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.