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201 Jefferson StreetBala Cynwyd, PA 19004

For Sale

$599,000

Smart Buyer Rebate $5,990

Land is Scarce in Bala Cynwyd. This property sits on Lower Merion VC Zoned Land with Multi Family being an allowable use and while you are deciding what to do with this piece of land you can have a restaurant tenant paying you rent! 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.

Listed by Chris Lucien

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License #RS333628

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KW Empower

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2156684878

Last updated September 18, 2025

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Source: BrightMLS #PAMC2155496

Listing Facts

  • TypeMulti-family
  • NeighborhoodBala Cynwyd
  • Days on Prevu34
  • Taxes$8,534/year
  • Size4,368 sqft
  • Price per sqft$137

Location

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Listing History

09/18/2025
Listed by KW Empower
$599,000

Property Details for 201 Jefferson Street

Exterior

Construction

  • New Construction: No
  • Number Of Units Total: 1
  • Property Condition: Very Good
  • Roof: Tar/Gravel
  • Year Built: 1900
  • Architectural Style: Other
  • Construction Materials: Brick

Features

  • Other Structures: Above Grade
  • View: Other, Panoramic, Street, City
  • Waterfront: No

Measurements

  • Lot Dimensions Source: Estimated
  • Lot Features: Corner
  • Lot Size Acres: 0.15
  • Lot Size Dimensions: 35
  • Lot Size Source: Estimated
  • Lot Size Square Feet: 6,533
  • Lot Size Units: Square Feet

Financial

Taxes

  • Tax Annual Amount: $8,534.00
  • Tax Year: 2020

Interior

Features

  • Flooring: Hardwood

Measurements

  • Living Area: 4,368
  • Living Area Source: Estimated

Other

Features

  • Accessibility Features: 2+ Access Exits

Location

  • Subdivision Name: BELMONT HILLS
  • Tax Lot: 021

Parking

Parking

  • Garage: No

Utilities

Equipment

  • Heating: Hot Water
  • Has Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public

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Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.