201 Jefferson St, Bala Cynwyd, PA 19004
Local realty services provided by:CENTURY 21 Home Team Realty
201 Jefferson St,Bala Cynwyd, PA 19004
$675,000
- - Beds
- - Baths
- 4,368 sq. ft.
- Multi-family
- Active
Listed by: chris lucien
Office: kw empower
MLS#:PAMC2155496
Source:BRIGHTMLS
Price summary
- Price:$675,000
- Price per sq. ft.:$154.53
About this home
ICONIC MAIN LINE RESTAURANT + REAL ESTATE + PRIVATE PARKING + MULTI-FAMILY ZONING — $675,000
An extraordinary opportunity to own a long-established Main Line restaurant property in one of the region’s fastest-growing and most affluent markets. Located at 201 Jefferson and now operating once again as the beloved Mel’s Italian, this iconic restaurant served the community for over 40 years and has been revitalized by the original owner, bringing back local recognition, loyal clientele, and immediate operating income potential.
What makes this opportunity even more compelling is the explosive growth happening throughout Bala Cynwyd and the surrounding Main Line. Over 2,200 luxury apartment units have recently been built or are under development nearby, bringing a surge of affluent residents to an area that remains dramatically underserved for quality casual sit-down BYOB dining. The market is primed for restaurants that offer a fun, energetic atmosphere where friends, families, couples, and groups can gather for birthdays, graduations, celebrations, and nights out close to home.
Surrounded by prestigious communities including Bala Cynwyd, Penn Valley, Gladwyne, Ardmore, and Bryn Mawr, the property benefits from exceptional demographics and strong access to both Main Line and Center City Philadelphia customers.
The restaurant is fully equipped with a commercial kitchen featuring a pizza oven, fryolator, charbroiler, multiple burners and stoves, flat grill, walk-in refrigeration, ice maker, bain marie, and complete dishwashing station. The space also includes a spacious dining room with bar area, private office, built-in sound system, security camera system, and men’s and women’s restrooms.
A standout feature is the private on-site parking lot—an extremely rare amenity for a Main Line restaurant at this price point.
This offering combines the power of real estate ownership, an active operating business, established goodwill, and future upside potential. Whether continuing the successful Mel’s Italian concept or introducing a new vision, the location is exceptionally positioned for a high-volume restaurant operation with potential for significant annual revenue growth.
Adding even greater value, the property is located within the Village Center zoning district and is approved for multi-family use, creating exceptional long-term redevelopment potential in a market experiencing rapid residential growth and increasing demand for housing.
With zoning flexibility allowing for restaurant, retail, office, mixed-use, and multi-family possibilities, this property presents a rare opportunity for restaurateurs, investors, developers, or owner-operators seeking both immediate cash flow and future development upside.
In a high-income market with limited restaurant ownership opportunities and rapidly increasing residential density, this is a rare chance to acquire a true Main Line landmark with immediate momentum and tremendous upside potential....
Contact an agent
Home facts
- Year built:1900
- Listing ID #:PAMC2155496
- Added:273 day(s) ago
- Updated:June 19, 2026 at 01:30 PM
Rooms and interior
- Flooring:Hardwood
- Living area:4,368 sq. ft.
Heating and cooling
- Heating:Hot Water, Natural Gas
Structure and exterior
- Roof:Tar/Gravel
- Year built:1900
- Building area:4,368 sq. ft.
- Lot area:0.15 Acres
- Lot Features:Corner, Corner Lot/Unit
- Construction Materials:Brick
- Foundation Description:Brick/Mortar
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$675,000
- Price per sq. ft.:$154.53
- Tax amount:$8,534 (2020)
Parking
- Parking description:Parking Lot
New listings near 201 Jefferson St
- New
$255,000Active1 beds 1 baths961 sq. ft.40 Old Lancaster Rd #103, MERION STATION, PA 19066
MLS# PAMC2184836Listed by: BHHS FOX & ROACH-HAVERFORD - New
$2,750,000Active5 beds 6 baths4,906 sq. ft.1 Mary Waters Ford Rd, BALA CYNWYD, PA 19004
MLS# PAMC2183250Listed by: KELLER WILLIAMS MAIN LINE 
$169,900Pending2 beds 1 baths1,226 sq. ft.191 Presidential Blvd #r-514, BALA CYNWYD, PA 19004
MLS# PAMC2183302Listed by: BETTER HOMES AND GARDENS REAL ESTATE PHOENIXVILLE
$675,000Pending3 beds 3 baths2,436 sq. ft.55 Price St, BALA CYNWYD, PA 19004
MLS# PAMC2183204Listed by: KW EMPOWER- New
$295,000Active2 beds 2 baths1,735 sq. ft.Address Withheld By Seller, BALA CYNWYD, PA 19004
MLS# PAMC2171478Listed by: COMPASS PENNSYLVANIA, LLC 
$900,000Pending4 beds 4 baths2,800 sq. ft.108 Montgomery Ave, BALA CYNWYD, PA 19004
MLS# PAMC2182722Listed by: CROWN HOMES REAL ESTATE
$1,500,000Active9 beds -- baths4,082 sq. ft.115 Montgomery Ave, BALA CYNWYD, PA 19004
MLS# PAMC2182228Listed by: EXP REALTY, LLC
$1,455,000Active6 beds 4 baths4,188 sq. ft.22 Maple Ave, BALA CYNWYD, PA 19004
MLS# PAMC2182192Listed by: HERITAGE HOMES REALTY
$415,000Active2 beds 2 baths1,496 sq. ft.41 Conshohocken State Rd #503, BALA CYNWYD, PA 19004
MLS# PAMC2178454Listed by: COMPASS PENNSYLVANIA, LLC
$795,000Pending4 beds 3 baths2,607 sq. ft.104 Edgehill Rd, BALA CYNWYD, PA 19004
MLS# PAMC2181546Listed by: BHHS FOX & ROACH-HAVERFORD
Protect your home and budget from life's surprises with an Assurant Home Warranty, backed by a partner that supports you through every step of homeownership. Explore Plans.
©2026 Century 21 Real Estate LLC. All rights reserved. CENTURY 21®, the CENTURY 21 Logo and C21® are service marks owned by Century 21 Real Estate LLC. Century 21 Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each office is independently owned and operated. Listing information is deemed reliable but not guaranteed accurate.