201 Jefferson Street Bala Cynwyd, PA $ 675,000
201 Jefferson Street
$ 675,000
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201 Jefferson Street

Bala Cynwyd, PA, 19004
$ 675,000
Baths0.0

Monthly Estimate*

$ 4,156

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Studio

Lots and Land for sale in Bala Cynwyd, PA

for $675,000. The lot size is 0.15.

Rarely does a parcel of land become available in Bala Cynwyd with this level of flexibility, visibility, and existing infrastructure. This 6,533 SF lot is zoned Village Center (VC) in Lower Merion Township, allowing a broad range of uses including multifamily housing, mixed-use development, retail, office, restaurant, hospitality, and more. Permitted multifamily residential uses include apartments, live-work units, student housing, shared residences for the elderly or disabled, and community residential facilities. The property is currently improved with a fully built-out restaurant that can be leased on a month to month basis offering immediate rental income while planning redevelopment or re-use. The VC zoning supports a walkable, low-intensity mixed-use environment and also permits retail, professional and medical offices, food and beverage establishments, day care centers, banks, salons, theaters, fitness centers, auto services, EV charging, hotels, and other commercial and institutional uses. The property features on-site private parking lot, a rare amenity in the Main Line. Whether you plan to redevelop, renovate, or hold for investment, this site offers unmatched potential in one of the most affluent and desirable areas of the Philadelphia region. Situated minutes from Center City and surrounded by high-income neighborhoods like Bryn Mawr, Ardmore, and Penn Valley, this is an ideal location for a new residential or commercial project. Existing restaurant infrastructure adds additional value for food and beverage operators.ICONIC MAIN LINE RESTAURANT + REAL ESTATE NOW OPERATING AS MELS 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 Mels 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 mens and womens 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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Lots and Land Active

Price

$ 675,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 8,534

Style

Restaurant

Lot Size

0.15

Town/City

Bala Cynwyd

County/Region

Montgomery

MLS | Web ID

PAMC2155502

Features
General
Sewer Public Sewer
Possession Immediate
Zoning C1
School District LOWER MERION
View Other Panoramic Street City
Property Subtype Other
Tax Year 2020
Current Use Restaurant
Ownership Fee Simple
Municipality LOWER MERION TWP
County MONTGOMERY
Property Type Land
HOA N
Subdivision Name BELMONT HILLS
Water Access Y/N N
Status ACTIVE
Directions On the corner of Jefferson Street & Highland Avenue off the Belmont Exit of 76
City BALA CYNWYD
Disclosures None
MLS Area Lower Merion Twp (10640)
Lot Size Units Square Feet
Lot Size Square Feet 6533.00
Tax Annual Amount 8534.0
Clean Green Assessed Y/N N
Price Per Sq Ft Total AG 103.32
Acceptable Financing Cash Conventional
Additional Parcels Y/N N
Vacation Rental Y/N N
Location Type Corner Lot/Unit
Standard Status Active
Tax Lot 021
Association Recreation Fee N
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Exterior
Lot Features Corner
Water Source Public
Inclusions Parking Lot Kitchen Equipment All Fixtures Building Property Land
Water View Y/N N
Lot Dimensions 35.00 x 0.00
Lot Size Acres 0.15
Lot Size Source Estimated
Waterfront Y/N N
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 201
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* Excluded Features
List By
Kw Empower

Broker

chrislucien@kw.com

Email

Affordability Calculator

$4,867
Per Month
85%
15%
0%
Monthly Principal & Interest
$4,156
Monthly Property Taxes
$711
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2481779 Elementary School
2481783 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/18/2026$579,000 -3.34% Price Down
9/19/2025$599,000 Listed Price

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201 Jefferson Street, Bala Cynwyd, PA, 19004 is a Lots and Land for sale at $675,000 with a lot size of 0.15. 201 Jefferson Street is a studio with 0.0 baths. The property's zip code is 19004 which is in Bala Cynwyd, PA