UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Subdivision Belmont Hills
MLS Listing ID PAMC2155488
Year Built 1900
Annual Tax Amount $8,534
Tax Year 2020
Lot Size 6,533 Sqft
Acres 0.15
Lot Dimensions 35.00 x 0.00
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
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.
Location
State PA
County Montgomery
Area Lower Merion Twp (10640)
Zoning C1
Interior
Hot Water Natural Gas
Heating Hot Water
Cooling None
Flooring Hardwood
Inclusions Parking Lot, Kitchen Equipment, All Fixtures , Building
Heat Source Natural Gas
Exterior
Garage Spaces 23.0
Water Access N
View Other, Panoramic, Street, City
Roof Type Tar/Gravel
Accessibility 2+ Access Exits
Total Parking Spaces 23
Garage N
Building
Lot Description Corner
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Lower Merion
Others
Tax ID 40-00-27772-007
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
Nearby Locations
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