201 Jefferson St,BALA CYNWYD, PA 19004
BALA CYNWYD, PA 19004
Description
Beyond its value as a successful operating restaurant, 201 Jefferson presents a compelling long-term redevelopment opportunity in the heart of one of the Main Line's fastest-growing luxury residential corridors. Situated within the desirable Village Center zoning district, the property permits multi-family development, creating significant future upside for investors and developers seeking to capitalize on the area's explosive residential growth.Bala Cynwyd and the surrounding Main Line have experienced a dramatic surge in luxury apartment construction, with more than 2,200 new apartment units recently completed or under development nearby, including The Hanover (426 units), The Yard at Pencoyd Landing (277 units), The Maybrook (252 units), The Blayr (217 units), 335 Bala (210 units), The Cynwyd (205 units), Wyncrest (173 units), The Palmer (110 units), The Kelly (109 units), Delwyn (87 units), The Grant (66 units), The Elm (56 units), and The Jordan (54 units).This unprecedented residential expansion is transforming Bala Cynwyd into one of the Philadelphia region's premier live-work-play destinations while simultaneously driving demand for additional housing, retail, dining, and mixed-use development opportunities. Surrounded by affluent communities including Penn Valley, Gladwyne, Bryn Mawr, Ardmore, and Center City Philadelphia commuters, 201 Jefferson offers buyers the rare ability to generate income today while positioning the property for future redevelopment potential tomorrow.Opportunities combining existing cash flow, private parking, Main Line demographics, and multi-family zoning flexibility are exceptionally rare in today's market.
Details
| MLS # | PAMC2155502 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active Under Contract-bright |
| Days On Site | 393 |
| Listing Provided By | KW Empower | Chris Lucien |
Features
| Zoning | C1 |
|---|---|
| Acreage | 0.15 |
| Property View | Other, Panoramic, Street, City |
Exterior
| Lot Features | Corner |
|---|
Parking
| Garage Yes / No | No |
|---|
Taxes
| Tax Annual Amount | 8534 |
|---|
Area Information
| State | PA |
|---|---|
| County | MONTGOMERY PA |
| City | BALA CYNWYD |
| Zip Code | 19004 |
| Area | Lower Merion Twp (10640) |
| Community Name | BELMONT HILLS |
| School District | LOWER MERION |
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Learn More About This Property
| State | PA |
|---|---|
| County | MONTGOMERY PA |
| City | BALA CYNWYD |
| Zip Code | 19004 |
| Area | Lower Merion Twp (10640) |
| Community Name | BELMONT HILLS |
| School District | LOWER MERION |
