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.
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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.
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