4849 Wayne Ave, Philadelphia, PA 19144

$720,000

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List Price
$720,000
Days on Market
121
Status
ACTIVE
MLS#
PAPH2621182
Lot Size (Acres)
0.06
Year Built
1950
County
Philadelphia
School District
Philadelphia City

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.

Additional Information

Area
19144 (19144)
Taxes
$2690
School District
Philadelphia City
Heating
Central, Forced Air
Heating Fuel
Natural Gas, Electric
Cooling
Central A/C, Ceiling Fan(s)
Water
Public
Sewer
Public Sewer

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of RE/MAX Affiliates. Contact: