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    301 E Harford St Milford, PA 18337

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    Sponsored
    For Lease
    $2,200 /Mo ($3 SF/Yr)

    COMMERCIAL - Milford, PA

    Property size:
    800 SF
    Lot size:
    0.20 Acres
    Days on Market:
    1
    Last Refresh:
    Mar 23 at 6:06 pm

    Property Features for 301 E Harford St

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    APN
    113.17-01-22 000394
    Parking
    2
    Parking features
    Off Street
    Accessibility
    Accessible Approach with Ramp
    Size
    800 SF
    Lot size
    0.20 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1901
    Floors in Building
    1
    Number of units
    1
    Roof type
    Shingle, Asphalt

    We can help!

    Listing Contact
    Lisa McAteer
    Lisa McAteer

    Pocono Regional Realty LLC

    Listing agent Lisa McAteer

    Listing date Mar 23, 2026

    MLS# PW-251489

    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.

    Learn more

    Property Insight Report

    Overview

    Milford Commercial Space for Rent

    Located in the heart of Milford Borough, this commercial space offers a rental opportunity suitable for launching a business. Situated on East Harford Street in downtown Milford, the location benefits from foot traffic and small-town charm. The space, nearly 800 sq ft, is located in Milford's business district. The flexible layout allows for use as a boutique, office, gallery, studio, or cafe. The property includes one full bathroom and one half bathroom, along with two private parking spaces. Rent includes electric, gas, water, sewer, lawn maintenance, and snow removal. The property also features energy storage with a back-up battery. Located on East Harford Street, the property benefits from high visibility and local and tourist traffic. This location is suitable for starting a new business or expanding an existing brand. The property is located in a desirable town in Pennsylvania.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Aurora Scientific Inc Medical Supply Store Solar Bear Energy, ... Solar Energy Company Natural Connections Inc (Bike/Boat/Book/etc) Store

    Suggested Use

    Restaurant Law Firm Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Big Box & Wholesale Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Milford
    County
    Pike
    State
    Pennsylvania
    Longitude
    -74.800496
    Latitude
    41.31968

    Nearby Similar for Lease

    • Contact for pricing
      1,176,120 SF

      Milford Town Center: Prime Retail Space

      27-Acre Retail & Restaurant Development Opportunity
      149 Foster Hill Rd, Milford, PA 18337
      View Details
    • $4,000 /Mo

      Commercial Building Near Town

      3000 sq ft commercial building available for lease near town.
      112 Sawkill Rd, Milford, PA 18337
      View Details

    FAQs

    What type of property is this?
    Retail space - Commercial space in downtown Milford, PA, ideal for various businesses.
    Where is this retail space located?
    The property is located at 301 E Harford St Milford, PA.
    What is the lease rate?
    The lease rate is $3 SF/Yr.
    What are key features of this property?
    This property features: - Prime Location in the heart of Milford Borough's vibrant business district on East Harford Street, offering high visibility and foot traffic.; - All-Inclusive Rent simplifies budgeting and reduces overhead with electric, gas, water, sewer, lawn maintenance, and snow removal included. (Utilities extra!); - Features nearly 800 sq ft of flexible commercial space with 1 full bathroom and 1 half bathroom.
    (570) 213-4871
    Request Owner's contact information
    301 E Harford St Milford, PA 18337
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    Milford, PA 18337
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    301 E Harford St Milford, PA 18337
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    We can help!
    Listing Contact
    Lisa McAteer
    Lisa McAteer
    Real Estate License ID: RS344103
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