$ 675,000
-
$675,000
Price -
0
Bed -
0
Bath -
4,368
SqFt
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About the Listing KWEMPWR - 3164009
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.
Listing Highlights
Status
Active
Days on Site
230
Property Type
Commercial Sale
MLS ®
PAMC2155488
Year Built
1900
Total Square Footage
4,368
Lot/Acreage
0.15
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating: Hot Water
- Fireplaces:
- Floor: Hardwood
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Corner,Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Parking Spaces: 23
- Lot Dimensions: 35.00 x 0.00
- Zoning: RESTAURANT
- Roof: Tar/Gravel
- Others: Very Good
- Sewer: Public Sewer
- Parking Features: Parking Lot,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Financial Details
- Tax Amount: $8,534
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2020
Payment Calculator
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Questions About..
201 Jefferson St Bala Cynwyd, PA 19004
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