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For sale
  • $525,000

    4948 Wayne Ave, Philadelphia, PA 19144

    4beds
    --baths
    2,970sqft
    : 
    $3,277/mo
    Get pre-qualified
    Townhouse
    Built in 1900
    -- sqft lot
    $509,400 Zestimate®
    $177/sqft
    $-- HOA

    What's special

    Upstairs residential apartment
    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.
    42 days
    109
    5

    Zillow last checked:

    Listing updated:

    Listed by:

    Suzy Park 267-574-5755,

    Canaan Realty Services INC 2153331826,

    Co-Listing Agent: Yu J Yang 215-429-3330,

    Canaan Realty Services INC

    Source: Bright MLS,MLS#: PAPH2649366MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      Basement
      • Area: 0
      Heating
      • None
      Cooling
      • Window Unit(s), Electric
      Appliances
      • Included: Gas Water Heater
      Features
      • Flooring: Other
      • Has fireplace: No
      Interior area
      • Total structure area: 2,970
      • Total interior livable area: 2,970 sqft

      Property

      Parking
      • Parking features: On Street
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: None
      Features
      • Pool features: None
      Lot
      • Size: 1,567 Square Feet
      • Dimensions: 18.00 x 87.00
      Details
      • Additional structures: Above Grade, Below Grade
      • Parcel number: 871520050
      • Zoning: CMX25
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Traditional
      • Property subtype: Townhouse
      Materials
      • Masonry
      • Foundation: Stone
      • Roof: Flat
      Condition
      • New construction: No
      • Year built: 1900

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Location
      • Region: Philadelphia
      • Municipality: PHILADELPHIA

      Financial & listing details

      • Price per square foot: $177/sqft
      • Tax assessed value: $162,900
      • Annual tax amount: $2,280
      • Date on market: 7/17/2026
      • Listing agreement: Exclusive Agency
      • Listing terms: Cash,Conventional
      • Ownership: Fee Simple

        Estimated market value

        $509,400

        $484,000 - $535,000

        $2,211/mo

        Price history

        DateEventPrice
        7/17/2026Listed for sale$525,000+1490.9%$177/sqft
        Source: Bright MLS #PAPH2649366 Report a problem
        12/8/1986Sold$33,000$11/sqft
        Source: Agent Provided Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,280 +14.5%$162,900 +14.5%
        2024$1,992 $142,300
        2023$1,992 -14.8%$142,300
        2022$2,339 --
        2021$2,339 -6.4%--
        2018$2,500 +3.8%--
        2017$2,409 +3%--
        2016$2,339 --
        2015$2,339 --
        2014$2,339 $174,700
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Germantown Southwest

        Getting around

        81 / 100
        Very Walkable
        65 / 100
        Good Transit
        59 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Philadelphia City

        Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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