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

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Listing Courtesy of Chris Lucien , KW Empower

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Theresa Kehler

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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.

201 JEFFERSON STREET

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