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201 Jefferson Street

BALA CYNWYD, PA 19004
  • $675,000
  • STATUS: Active
  • ON SITE: 212 Days
  • ID#: PAMC2155494
UPDATED: 45 min ago
$675,000
  • 0
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Business Opportunity
Built:
1900
County:

School Ratings & Info

School District:

Description

ICONIC MAIN LINE RESTAURANT + REAL ESTATE + PARKING LOT— 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.

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©2026 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Charles Graef Home Selling Team | REMAX Associates. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2026-04-19T16:53:10.453.
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201 Jefferson Street BALA CYNWYD, PA 19004

  • Price: $675,000
  • Status: Active
  • On Site: 212 Days
  • Updated: 45 min ago
  • ID#: PAMC2155494
0
Beds
0
Baths
0
½ Baths
0.15
Acres
1900
Built
Neighborhood:
Belmont Hills
County:
Montgomery
Area:
Lower Merion Twp (10640)
School District:
Lower Merion
Property Description
ICONIC MAIN LINE RESTAURANT + REAL ESTATE + PARKING LOT— 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.
Exterior Features

Construction Materials Brick Garage YN No Location Type Corner Lot/Unit Lot Features Corner Parking Types Parking Lot Property Condition Very Good Roof Tar/Gravel View OtherPanoramicStreetCity Water Access YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 4368.00 Cooling None Flooring Hardwood Heating Hot Water Heating YN Yes Inclusions Parking LotKitchen EquipmentAll FixturesBuilding PropertyLand

Property Features

Acceptable Financing CashConventional Accessibility Features 2+ Access Exits Central Air YN No Cooling Fuel ElectricNatural Gas Current Use Restaurant Heating Fuel Natural Gas Hot Water Natural Gas Lease Considered YN No Municipality LOWER MERION TWP Navigable Water YN N New Construction YN No Original MLSNumber 804179407068 Ownership Interest Other Property Sub Type Other Sale Type Standard Sewer Public Sewer Tax Annual Amount 8534.00 Tax Lot 021 Vacation Rental YN No Water Source Public Zoning C1 Zoning Description RESTAURANT

Listing courtesy of KW Empower: .


©2026 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Charles Graef Home Selling Team | REMAX Associates. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2026-04-19T16:53:10.453.
 
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