201 Jefferson St, Bala Cynwyd, PA 19004
Local realty services provided by:ERA Liberty Realty
201 Jefferson St,Bala Cynwyd, PA 19004
$599,000
- - Beds
- - Baths
- 4,368 sq. ft.
- Multi-family
- Active
Listed by:chris lucien
Office:kw empower
MLS#:PAMC2155496
Source:BRIGHTMLS
Price summary
- Price:$599,000
- Price per sq. ft.:$137.13
About this home
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.
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Home facts
- Year built:1900
- Listing ID #:PAMC2155496
- Added:9 day(s) ago
- Updated:September 28, 2025 at 01:29 PM
Rooms and interior
- Living area:4,368 sq. ft.
Heating and cooling
- Heating:Hot Water, Natural Gas
Structure and exterior
- Roof:Tar/Gravel
- Year built:1900
- Building area:4,368 sq. ft.
- Lot area:0.15 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$599,000
- Price per sq. ft.:$137.13
- Tax amount:$8,534 (2020)
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