Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1900
Sq.Footage
4,368
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! ICONIC MAIN LINE RESTAURANT + REAL ESTATE — 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.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Above Grade Finished Area
4368.0
-
Cooling YN
YES
-
Cooling
None, Gas, Electric
-
Heating YN
YES
-
Heating
Natural Gas, Hot Water
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick
-
Parking
Parking Lot
-
Pool
No
-
Waterfront YN
NO
-
View
Other, Panoramic, Street, City
Area & Lot
-
Lot Features
Corner Lot
-
Lot Size(acres)
0.15
-
Property Type
Residential Income
-
Property Sub Type
Multi Family
-
Architectural Style
Other
Price
-
Sales Price
$675,000
-
Tax Amount
$8,534
-
Zoning
RESTAURANT
-
Sq. Footage
4, 368
-
Price/SqFt
$154
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Foundation Details
Brick/Mortar
-
Sewer
Public Sewer
-
Tax Lot
021
-
Water Source
Public
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Location
County
MONTGOMERY
Elementary School
Middle School
High School
Listing Courtesy of Chris Lucien , KW Empower
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AGENT
Herschel Miller
Call Herschel today to schedule a private showing.
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