Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1900
Sq.Footage
4,368
ICONIC MAIN LINE RESTAURANT + REAL ESTATE + PRIVATE PARKING LOT FOR SALE! 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. Located within the Village Center zoning district, the property also allows for a variety of permitted uses including restaurant, retail, office, and mixed-use redevelopment, adding long-term flexibility and investment value. 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.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
None, Gas, Electric
-
Heating YN
YES
-
Heating
Natural Gas, Hot Water
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick
-
Parking
Parking Lot
-
Pool
No
-
Waterfront YN
NO
-
View
Other, Panoramic, Street, City
Area & Lot
-
Lot Features
Corner Lot
-
Lot Size(acres)
0.15
-
Lot Size(square feet)
6533.0
-
Property Type
Commercial Sale
-
Property Sub Type
Mixed Use
Price
-
Sales Price
$675,000
-
Tax Amount
$8,534
-
Zoning
RESTAURANT
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
New Construction
NO
-
Sewer
Public Sewer
-
Tax Lot
021
-
Water Source
Public
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Location
County
MONTGOMERY
Elementary School
Middle School
High School
Listing Courtesy of Chris Lucien , KW Empower
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Owner, President, Investment Property Advisor
Theresa Kehler
Call Theresa today to schedule a private showing.
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