201 Jefferson Street, Bala Cynwyd, PA 19004-1818 $599,000

Interior Sq. Ft: 4,368
Acreage: 0.15
Age:125 years
Taxes: $8,534
Subdivision: Belmont Hills
Design/Type:
Detached
Description
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.
Home Assoc: No
Condo Assoc: No
Basement:
Pool: No Pool
Features
Utilities
Hot Water Heating, Natural Gas, None, Electric, Natural Gas, Hot Water - Natural Gas, Public Water, Public Sewer
Garage/Parking
Parking Lot
Interior
Hardwood Flooring, Accessibility - 2+ Access Exits
Exterior
Brick/Mortar Foundation, Tar/Gravel Roof, Brick Exterior
Lot
Corner Lot, Corner Lot/Unit, City View, , Panoramic View, Street View
Select a school from the following list. Schools are grouped by school type.
The schools on this list are selected by their proximity of up to 5 miles to the property address.
Proximity does not guarantee enrollment eligibility. Please contact the school directly for more information on enrollment requirements.
* If there are more than 5 schools of any type within a close proximity, click on the button to see additional schools of that type near the search address.
Public Elementary (79 schools)
Public Middle (7 schools)
School | District | Grades | Place | Distance |
---|---|---|---|---|
Welsh Valley Middle School | Lower Merion School District | 5–8 | Narberth | 0.91 mi |
Bala-Cynwyd Middle School | Lower Merion School District | 5–8 | Bala Cynwyd | 1.07 mi |
Amy NW | Philadelphia City School District | 6–8 | Philadelphia | 1.35 mi |
Middle Years Alternative | Philadelphia City School District | 6–8 | Philadelphia | 4.58 mi |
Belmont Charter School | Belmont Charter School | K–12 | Philadelphia | 4.6 mi |
Haverford Middle School | Haverford Township School District | 6–8 | Havertown | 4.73 mi |
Widener Memorial School | Philadelphia City School District | K–12 | Philadelphia | 4.86 mi |
Public High (31 schools)
Private (109 schools)
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This report is a detailed community overview for Bala Cynwyd (19004), Pennsylvania.
Community Quick Facts
- Average travel time to work for people in this community: 31
- Average salary of people in this community: $100,602
Community Summary
- Population Density (ppl / mile): 3,437
- Household Size (ppl): 2.44
- Households w/ Children: 59%
Housing Inventory
- Owned: 3,031 (71.6%)
- Rented: 870 (20.5%)
- Vacant: 334 (7.9%)
- Total: 4,235
Population Demographics
The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.
Climate and Weather
The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.
Temperature
Education
Highest Level of Education Attained
- Less than 9th Grade: 0.6%
- Some High School: 1.8%
- High School Graduate: 12.3%
- Some College: 9.9%
- Associate Degree: 2.4%
- Bachelor's Degree: 32.0%
- Graduate Degree: 40.9%
Income by dollar range
Median Income: $116,475
Fair Market Rents
The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).
- Studio: $1,063
- One Bedroom: $1,461
- Two Bedroom: $1,580
- Three Bedroom: $2,082
- Four Bedroom: $2,054
© 2025 LiveBy. All Rights Reserved.
Contact Information
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Listing Courtesy of: KW Empower , vicki@kwempower.com
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Patterson-Schwartz Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information Deemed Reliable But Not Guaranteed.
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Listing data as of 9/18/2025.
Broker Compensation
An offer of broker compensation or seller concession is not a guarantee. All compensation offers and concessions are negotiable and subject to written agreement between the parties. Please consult with your real estate agent for more information.