201 JEFFERSON ST new to site Save Request In-Person Tour Request Virtual Tour
Bala Cynwyd,PA 19004
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Subdivision Belmont Hills
MLS Listing ID PAMC2155488
Year Built 1900
Annual Tax Amount $8,534
Tax Year 2020
Lot Size 6,533 Sqft
Acres 0.15
Lot Dimensions 35.00 x 0.00
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
RARE RESTAURANT PROPERTY OPPORTUNITY IN THE HEART OF THE MAIN LINE OFFERED AT $599,000 REAL ESTATE + RESTAURANT + PRIVATE PARKING This is a once-in-a-generation opportunity to own a fully equipped restaurant property in one of Philadelphia's most affluent and sought-after areas—the prestigious Main Line, encompassing Bala Cynwyd, Bryn Mawr, Ardmore, Penn Valley, and Gladwyne. Priced to sell, this is an incredible value for a turnkey restaurant that includes the building, business infrastructure, and rare on-site private parking for 15 vehicles, which is exceptionally hard to find in the Main Line at this price. Highlights include a full commercial kitchen, spacious dining room with bar area, men's and women's restrooms, built-in speaker system, zoning for restaurant use suitable for any cuisine or concept, and ample on-site parking. The property is surrounded by a high-income residential customer base and offers easy access for both Main Line and Center City clientele. This is not just a restaurant—it is a generational opportunity to establish or expand your brand in a proven, high-net-worth location. Whether you're launching a new concept or expanding from Center City or the suburbs, this space offers unmatched potential with no landlord, no rent increases, and no uncertainty. Currently occupied on a month-to-month basis by Core De Roma, the property offers flexible options: retain the tenant for immediate income or take over as an owner-operator and build your vision from day one. Previously home to beloved local staples like Mel's Italian and Cotoletta, this location is steeped in restaurant history and ready for its next chapter. The property is located in the Village Center (VC) zoning district—a compact, mixed-use, low-intensity, walkable area designed to serve the immediate residential neighborhood. This zone encourages small-scale mixed-use buildings and local retail and services. Permitted uses include: community residential facility, live-work, multifamily, shared residence for the elderly or disabled, bed and breakfast, hotel, student housing, auto-related services such as vehicle sales, rentals, minor repairs, gas stations, EV charging stations, and car washes, day care center, food and beverage establishments including restaurants and fast food, mixed-use buildings, office space, open-air retail such as flea markets (excluding car/equipment/boat/home supply sales), place of assembly including theaters and performing arts centers, general retail including clothing, food, furniture, pharmaceuticals, books, used goods, and services such as barbershops, salons, banks, real estate agents, dry cleaners, laundromats, and photo studios, specialized retail such as pawn shops, marijuana dispensaries, animal hospitals, funeral homes, storage facilities, or garages, public schools, recreational establishments such as fitness centers, pools, sports facilities, and spas, religious worship or activity centers, wireless communications facilities, antennas including satellite dishes over 24 inches in diameter, and sporting and recreation areas. In a community with strong disposable income and discerning taste, this is your chance to create a landmark Main Line destination that can be passed down for generations. Own the real estate. Control your future. There is nothing else like this available for sale in the Main Line restaurant market. Serious inquiries only. Contact Chris Lucien to schedule a private tour.
Location
State PA
County Montgomery
Area Lower Merion Twp (10640)
Zoning C1
Interior
Hot Water Natural Gas
Heating Hot Water
Cooling None
Flooring Hardwood
Inclusions Parking Lot, Kitchen Equipment, All Fixtures , Building
Heat Source Natural Gas
Exterior
Garage Spaces 23.0
Water Access N
View Other,Panoramic,Street,City
Roof Type Tar/Gravel
Accessibility 2+ Access Exits
Total Parking Spaces 23
Garage N
Building
Lot Description Corner
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Lower Merion
Others
Tax ID 40-00-27772-007
Ownership Fee Simple
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Financing Cash,Conventional
Special Listing Condition Standard