Historic Commercial Building with Open
100 2nd Street Milford, PA 18337
100 2nd Street, Milford, PA, 18337
$349,000
For Sale
$349,000
COMMERCIAL - Milford, PA
Property Size1,539 SF
Lot Size0.09 Acres
Price / SF$226.77
Days on Market447
Property Features for 100 2nd Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Single Family Residence
- Zoning
- (CO4)
- Bathrooms
- 1
- Rooms
- Bathroom 1, Basement, Den, Game Room
- Parking
- 4
- Parking features
- Garage
- Security features
- Security System
- Exterior features
- Lighting
- Basement
- Storage Space
- Standard status
- Active
- APN
- 113.17-01-32
- Size
- 1,539 SF
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Description
- 113.17-01-32 Control 000456
- Tax Annual Amount
- 4869
Utilities
- Sewer type
- Cesspool
- Heating system
- Hot Water(Heating), Natural Gas
- Cooling system
- Window Unit(s), Wall/Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1820
- Floors in Building
- 2
- Flooring type
- Hardwood
- Building materials
- Frame
- Roof type
- Asphalt, Metal
Listing Agency
Keller Williams RE Milford
(570) 296-6400
205 E Harford Street, Stroudsburg, PA
Listed by
Elena Quinn
(845) 313-6332
Added: Apr 28, 2025 Checked: Jul 18 at 7:06 am
MLS# PW-251444
Listing URL
Copyright © 2026 Pike/Wayne Association of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This historic commercial building, built in the 1800s, offers an open layout suited to retail, studio, office, or gallery-style use. The space features updated hardwood flooring and includes a bathroom with shower and a small kitchen. Additional improvements include a metal roof, 200 AMP service, and city water. Wheelchair access is provided in the rear of the building, and there is also adequate back yard space for a patio.
The property is located in Milford, Pennsylvania at 100 2nd Street, within a walkable, local commercial setting with nearby shops and cafes, including Log Tavern Brewery and La Posada. The building is described as being close to Rt 84/Rt 209 and the bridge into New Jersey.
Currently used as a guitar business, the building’s configuration supports a range of creative and customer-facing tenants, including art gallery, design studio, retail, or service uses that benefit from an open, flexible interior. With on-site amenities and accessible entry from the rear, it may also suit professional and therapy-oriented office users seeking a distinctive storefront-style environment. Zoning is listed as (CO4).
The property is located in Milford, Pennsylvania at 100 2nd Street, within a walkable, local commercial setting with nearby shops and cafes, including Log Tavern Brewery and La Posada. The building is described as being close to Rt 84/Rt 209 and the bridge into New Jersey.
Currently used as a guitar business, the building’s configuration supports a range of creative and customer-facing tenants, including art gallery, design studio, retail, or service uses that benefit from an open, flexible interior. With on-site amenities and accessible entry from the rear, it may also suit professional and therapy-oriented office users seeking a distinctive storefront-style environment. Zoning is listed as (CO4).
Key Highlights
- 1,500+ SF commercial building originally built in the 1800s with frame construction and historic character
- Updated hardwood flooring and an open layout suited for exhibitions, studio work, retail, or office use
- 200 AMP service with public water and sewer via cesspool
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $23.1k | $15.00 |
| − Vacancy | −$2.4k | −$1.58 |
| EGI | $20.7k | $13.43 |
| − OpEx | −$6.2k | −$4.03 |
| NOI | $14.5k | $9.40 |
1,539 SF · lease $15.00/SF/yr · vacancy 10.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$206.6K
$180.8K – $241.1K
NOI $14,463 @ 7.0% cap · market cap 4.14%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$375.6K
$328.6K – $438.2K
NOI $26,290 @ 7.0% cap · market cap 7.53%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Cabinet Shop Kitchens ...
Hardware & Home Improvement
Water Wheel Guitars
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
Similar Off Market Nearby
- Bashful Blooms — 319 Broad St, Milford, PA 18337
FAQs
What type of property is this?
Storefront property - A preserved, 1800s-era commercial building with updated hardwood floors, open layout, and rear wheelchair access.
Where is this storefront property located?
The property is located at 100 2nd Street Milford, PA.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: 1,500+ SF commercial building originally built in the 1800s with frame construction and historic character; Updated hardwood flooring and an open layout suited for exhibitions, studio work, retail, or office use; 200 AMP service with public water and sewer via cesspool
