201 Jefferson St, Bala Cynwyd, PA 19004
Local realty services provided by:CENTURY 21 Above and Beyond
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
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....
Contact an agent
Home facts
- Year built:1900
- Listing ID #:PAMC2155496
- Added:225 day(s) ago
- Updated:May 02, 2026 at 01:35 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
- Coming SoonOpen Thu, 6 to 7pm
$1,000,000Coming Soon4 beds 4 baths18 W Amherst Rd, BALA CYNWYD, PA 19004
MLS# PAMC2177650Listed by: BHHS FOX & ROACH-HAVERFORD - New
$139,000Active1 beds 1 baths752 sq. ft.191 Presidential Blvd #826, BALA CYNWYD, PA 19004
MLS# PAMC2177920Listed by: COMPASS PENNSYLVANIA, LLC - Open Sun, 1 to 3pmNew
$1,025,000Active4 beds 3 baths2,511 sq. ft.28 W Amherst Rd, BALA CYNWYD, PA 19004
MLS# PAMC2177590Listed by: BHHS FOX & ROACH-HAVERFORD - Coming Soon
$545,000Coming Soon3 beds 2 baths41 Conshohocken State Rd #212, BALA CYNWYD, PA 19004
MLS# PAMC2177496Listed by: BHHS FOX & ROACH-HAVERFORD - Open Sat, 12 to 1pmNew
$1,000,000Active5 beds 4 baths2,418 sq. ft.404 Kent Rd, BALA CYNWYD, PA 19004
MLS# PAMC2177848Listed by: BHHS FOX & ROACH-HAVERFORD - Open Sat, 12 to 2pmNew
$819,000Active3 beds 3 baths1,782 sq. ft.112 Rolling Rd, BALA CYNWYD, PA 19004
MLS# PAMC2177762Listed by: COMPASS PENNSYLVANIA, LLC - Open Sat, 1 to 3pm
$599,000Pending3 beds 3 baths1,790 sq. ft.149 School St, BALA CYNWYD, PA 19004
MLS# PAMC2176216Listed by: COMPASS PENNSYLVANIA, LLC - New
$415,000Active2 beds 2 baths1,764 sq. ft.191 Presidential Blvd. 805, BALA CYNWYD, PA 19004
MLS# PAMC2176850Listed by: LONG & FOSTER REAL ESTATE, INC. - New
$228,900Active0.11 Acres138 Rockland Ave, BALA CYNWYD, PA 19004
MLS# PAMC2177720Listed by: KW EMPOWER - New
$515,000Active2 beds 2 baths1,750 sq. ft.191 Presidential Blvd #505, BALA CYNWYD, PA 19004
MLS# PAMC2177464Listed by: BHHS FOX & ROACH-HAVERFORD