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    5815 Wayne Ave Philadelphia, PA 19144

    For Sale
    $160,000

    BusinessOpportunity - PHILADELPHIA, PA

    Type:Retail
    Lot size:
    0.02 Acres
    Days on Market:
    289
    Last Refresh:
    Dec 8 at 7:06 pm

    Property Features for 5815 Wayne Ave

    General Information

    Property type
    Other
    Property subtype
    Retail
    Standard status
    Active
    Parking features
    On Street
    Lot size
    0.02 Acres

    Utilities

    Heating system
    Other (Heating)

    Building Details

    Year built
    1950
    Building materials
    Masonry

    Realty Mark (215) 376-4444 [email protected]

    Listing agent Keyon Whiting (215) 313-6521 License #AB068446

    Listing date Feb 23, 2025

    Copyright © 2025 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Opportunity in Philadelphia, PA

    Located in Philadelphia, Pennsylvania, this retail property offers a business opportunity. The lot size is approximately 0.02 acres. The property is located at 5815 WAYNE Avenue, PHILADELPHIA, PA 19144.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Rita's Italian Ice ... Ice Cream Shop

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.18066406
    Latitude
    40.03295517

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    FAQs

    What type of property is this?
    Retail property - Retail property for sale in Philadelphia, Pennsylvania.
    Where is this retail property located?
    The property is located at 5815 Wayne Ave Philadelphia, PA.
    What is the asking price?
    The asking price for this property is $160,000.
    What are key features of this property?
    This property features: - Masonry Construction; - Built in 1950; - On Street Parking
    (215) 313-6521
    Request Owner's contact information
    5815 Wayne Ave Philadelphia, PA 19144
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    Philadelphia, PA 19144
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5815 Wayne Ave Philadelphia, PA 19144
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