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Listed by Mr. Andy Ly • RE/MAX Affiliates
$ 720,000
Est. payment | /mo
2,428 Sqft Lot
$ 720,000
Est. payment | /mo
2,428 Sqft Lot
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID PAPH2621182
Year Built 1950
Annual Tax Amount $2,690
Tax Year 2025
Lot Size 2,428 Sqft
Acres 0.06
Lot Dimensions 40.00 x 60.00
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
Positioned on a high-visibility corner lot with solid stone masonry construction, 4849-53 Wayne Ave is a standout mixed-use asset at the crossroads of Germantown Ave and Wayne Ave – one of the area's most recognized commercial corridors. Built for an investor, owner-operator, or entrepreneur.
The ground floor is a fully operational neighborhood café currently serving breakfast, coffee, steaks, and cold beer. The layout includes a commercial kitchen, offices, and restrooms – everything needed to continue operating. The cold beer sales permit/license status is to be confirmed with the seller. The basement provides ample storage, supporting efficient daily operations.
Strong foot traffic, excellent visibility, and a flexible layout position this property for continued income or future expansion. A rare opportunity for buyers seeking an established business or long-term investment in a prime Philadelphia location.
Total consideration for the foregoing shall be the sum of Seven Hundred Twenty Thousand Dollars ($720,000), which shall be allocated as follows: Capital Stock $220,000, and Real Estate $500,000.
The ground floor is a fully operational neighborhood café currently serving breakfast, coffee, steaks, and cold beer. The layout includes a commercial kitchen, offices, and restrooms – everything needed to continue operating. The cold beer sales permit/license status is to be confirmed with the seller. The basement provides ample storage, supporting efficient daily operations.
Strong foot traffic, excellent visibility, and a flexible layout position this property for continued income or future expansion. A rare opportunity for buyers seeking an established business or long-term investment in a prime Philadelphia location.
Total consideration for the foregoing shall be the sum of Seven Hundred Twenty Thousand Dollars ($720,000), which shall be allocated as follows: Capital Stock $220,000, and Real Estate $500,000.
Location
State PA
County Philadelphia
Area 19144 (19144)
Zoning CMX25
Interior
Hot Water Electric, Natural Gas
Heating Central, Forced Air
Cooling Central A/C, Ceiling Fan(s)
Heat Source Natural Gas, Electric
Exterior
Water Access N
Accessibility Level Entry - Main
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 871401020
Ownership Fee Simple
Special Listing Condition Standard
Nearby Locations