This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/26
$599,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/26
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 lot, which is exceptionally hard to find in the Main Line at this price. Highlights include a full commercial kitchen (Pizza Oven, Fryolator, Charbroiled for Steaks, 16 burners, 4 Stoves, Flat Grill, Huge Refrigerated Walk In Box, Ice Maker, Bain Marie, Dishwashing Station) spacious dining room with bar area, men's and women's restrooms, built-in speaker system, camera system, and private office. 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. Previously home to beloved local staples like Mel's Italian, Cotoletta and just recently Core De Roma. 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.
Full Property Details
Full Property Details for 201 Jefferson St
General
- Price: $599,000
- Taxes: $8,534 (2020)
- Status: Active
- Type: Commercial Service
- Source: BrightMLSPhilly
- MLS ID: PAMC2155488
- Updated: 12/17/2025
- Added to Site: 124 day(s) ago
Business
- Business Type: Restaurant/Bar
Interior
- Flooring: Hardwood
Parking
- Total Spaces: 23
- Parking Type: Parking Lot
Location
- Area: Lower Merion Twp (10640)
- Municipality: LOWER MERION TWP
- County: MONTGOMERY
- Subdivision: BELMONT HILLS
- Driving Directions: On the corner of Jefferson Street & Highland Avenue off the Belmont Exit of 76
- Location Details: Corner Lot/Unit
Heating & Cooling
- Cooling Type: None
- Cooling Fuel: Electric, Natural Gas
- Heating Type: Hot Water
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Brick
- Roof: Tar/Gravel
- Building Size: 4368
- Year Built: 1900
- Year Built Source: Estimated
- Property Condition: Very Good
Unit Information
- # Tenants: Single
Lot Features
- Property View: Other, Panoramic, Street, City
- Lot Size (Acres): 0.15
- Lot Size (Sq. Ft.): 6,533
- Lot Size Source: Estimated
- Lot Dimensions: 35.00 x 0.00
- Zoning: C1
- Lot Description: Corner
Financial Considerations
- Price Per Sq. Ft.: $137.13
- Assessment Year: 2020
- School Tax: $6,791
- City/TownTax: $955
- City/TownTax Freq: Annually
- County Tax: $788
- County Tax Freq: Annually
- Tax w/Assessment: $227,900
- Tax Amount: $8,534
- Tax Year: 2020
Disclosures and Reports
- Ownership: Fee Simple
- Inclusions: Parking Lot, Kitchen Equipment, All Fixtures , Building
- Lot Number: 21
Listed by KW Empower, Chris Lucien
Get Pre-Approved Today
Schools
Schools serving 201 Jefferson St
School District:Lower Merion School District
| Name | Grades | Distance |
|---|---|---|
Belmont Hills El School, Bala Cynwyd, PA 200 School Street, Bala Cynwyd, PA 19004 | K-4 | 0.4 mi |
Welsh Valley Middle School 325 Tower Lane, Narberth, PA 19072 | 5-8 | 0.9 mi |
Harriton Senior High School 600 N Ithan Ave, Rosemont, PA 19010 | 9-12 | 4.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 201 Jefferson St
Date
Details
Price
Change
Source
9/18/2025
Listed
$599,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 201 Jefferson St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$9,969
5%
$227,900
—
2023
$9,518
4%
$227,900
—
2022
$9,122
2%
$227,900
—
2021
$8,952
2%
$227,900
—
2020
$8,749
3%
$227,900
—
2020
$8,534
2%
$227,900
—
2019
$8,384
2%
$227,900
—
2018
$8,230
2%
$227,900
—
2017
$8,076
5%
$227,900
—
2016
$7,722
4%
$227,900
—
2015
$7,447
6%
$227,900
—
2014
$7,025
—
$227,900
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 201 Jefferson St
201 Jefferson Street, Bala Cynwyd, PA 19004 (MLS# PAMC2155488) is a Commercial Service property. 201 Jefferson Street is currently listed for $599,000 and was received on September 18, 2025. Want to learn more about 201 Jefferson Street? Do you have questions about finding other Commercial Service real estate for sale in Bala Cynwyd? You can browse all Bala Cynwyd real estate or contact a Coldwell Banker agent to request more information.

