201 JEFFERSON ST, Bala Cynwyd, PA 19004
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201 JEFFERSON ST, Bala Cynwyd, PA 19004
201 JEFFERSON ST, Bala Cynwyd, PA 19004
201 JEFFERSON ST, Bala Cynwyd, PA 19004
201 JEFFERSON ST, Bala Cynwyd, PA 19004
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201 JEFFERSON ST Bala Cynwyd, PA 19004

4,368 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 4,368 sqft

Price per Sqft $154

Lot Size 6,533 Sqft

MLS Listing ID PAMC2155496

Financing Cash,Conventional

Style Other

Subdivision Belmont Hills

Total Units 1

Short Sale No

Originating MLS BRIGHT

Property Description

Land is Scarce in Bala Cynwyd. This property sits on Lower Merion VC Zoned Land with Multi Family being an allowable use and while you are deciding what to do with this piece of land you can have a restaurant tenant paying you rent! ICONIC MAIN LINE RESTAURANT + REAL ESTATE — NOW OPERATING AS MEL'S ITALIAN — $675,000. This is a rare opportunity to acquire a fully operational restaurant and real estate in the heart of the prestigious Main Line. Recently reopened under the well-known and long-standing Mel's Italian concept, which successfully served the community for over 30 years, the property now benefits from renewed local recognition, returning clientele, and active business operations. After a decade of leasing to various tenants, the original owner has revitalized the location, creating a unique opportunity for a buyer to step into an income-producing restaurant with established goodwill or reposition the concept to their own vision.
The property is ideally situated among affluent communities including Bala Cynwyd, Bryn Mawr, Ardmore, Penn Valley, and Gladwyne, offering strong demographics and convenient access to both Main Line and Center City Philadelphia customers. The restaurant is fully equipped with a commercial kitchen that includes a pizza oven, fryolator, charbroiler, multiple burners and stoves, flat grill, large walk-in refrigeration, ice maker, bain marie, and complete dishwashing station. The space also features a spacious dining room with bar area, private office, built-in sound system, security camera system, and men's and women's restrooms. A significant highlight is the on-site private parking lot, an amenity that is extremely rare in the Main Line at this price point.
This offering combines the advantages of real estate ownership with an active restaurant business, eliminating rent and providing long-term control and stability. The property has a strong history as a dining destination and is once again operating, positioning it for immediate revenue and future growth. Located within the Village Center zoning district, the site allows for a wide range of uses including restaurant, retail, office, and mixed-use development, offering both current operational value and long-term flexibility.
In a high-income market with limited restaurant ownership opportunities, this is a compelling offering for restaurateurs, investors, or owner-operators seeking a prime location with both current activity and upside potential. Serious inquiries only. Contact Chris Lucien for additional information or to schedule a private showing.

Location

State PA

County Montgomery

Area Lower Merion Twp (10640)

Zoning C1

Interior

Hot Water Natural Gas

Heating Hot Water

Cooling None

Flooring Hardwood

Inclusions Parking Lot, Kitchen Equipment, All Fixtures , Building Property, Land

Heat Source Natural Gas

1-purchase type For Sale

Exterior

Waterfront N

Water Access N

View Other, Panoramic, Street, City

Roof Type Tar/Gravel

Accessibility 2+ Access Exits

Parking Type Parking Lot

Building

Lot Description Corner

New Construction N

Foundation Brick/Mortar

Lot Dimensions 35.00 x 0.00

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade

Schools

School District Lower Merion

Others

Tax Amount $8,534

Tax Year 2020

Tax ID 40-00-27772-007

Ownership Fee Simple

SqFt Source 4368

Acceptable Financing Cash, Conventional

Special Sale Standard


Bright MLS (BMLS)
Listed by Chris Lucien • KW Empower
Anita Mohamed
Anita Mohamed

Broker Associate | jhy1aaaaaaaaaaaaaaaa 244410410

+1(347) 903-3025 | stagesite-3.test@chime.me

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201 JEFFERSON ST