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Simone Velvel

simone@thevelvelgroup.com +1(703) 507-7614

Listed by Chris Lucien • KW Empower

$675,000

Est. payment - /mo

6,533 Sqft Lot

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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

ICONIC MAIN LINE RESTAURANT + REAL ESTATE + PARKING LOT — 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.

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

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Nearby Locations

"Simone's passion for real estate and her love for "The DMV" are a perfect match. She has made it her mission to help local residents sell their homes quickly and at the best possible prices. Equally, she takes immense pride in assisting homebuyers in finding their perfect piece of paradise in DC, Maryland and Virginia. "

+1(703) 507-7614

simone@thevelvelgroup.com

11003 Glueck Lane, Kensington, Maryland, 20895, USA

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