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    Historic Church Building For Lease Title is generated by Realmo AI

    91 S MAIN Street, Milroy, PA 17063

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    For Lease
    $1,500 /Mo

    CommercialLease - MILROY, PA

    Type:Retail
    Added:
    May 22, 2026
    Days on Market:
    10
    Last Refresh:
    May 31 at 1:06 pm

    Property Features for 91 S MAIN Street

    General Information

    Property type
    Other
    Property subtype
    Retail
    Parking
    15
    Parking features
    Parking Lot, Driveway
    Standard status
    Active

    Utilities

    Heating system
    Hot Water(Heating), Baseboard

    Building Details

    Year built
    1899
    Building materials
    Aluminum Siding, Block, Stick Built

    We can help!

    Listing Contact
    Scott Wiglesworth
    Scott Wiglesworth

    Listing agent Scott Wiglesworth License #AB068273

    Listing office Keller Williams Elite 5139 Main Street, East Petersburg, PA

    Listing date May 22, 2026

    MLS# PAMF2053136

    Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Grand open sanctuary with soaring ceilings, original hardwood floors, stately stained‑glass windows, and a full balcony.
    • Large rear addition featuring a spacious hall/gymnasium.
    • Commercial‑grade kitchen with oven, refrigeration, prep areas, and serving windows.
    • Prominent Main Street location with excellent visibility and signage opportunities.
    • Versatile layout suitable for a wide range of commercial uses (auction house, daycare, event venue, offices, retail, etc.).
    • Historic circa‑1900s church building with architectural charm.

    Overview

    Located on South Main Street in Milroy, PA, this circa-1900s church building offers a blend of historic charm and modern versatility. The property features a grand open sanctuary with soaring ceilings, original hardwood floors, stained-glass windows, and a full balcony. A large rear addition includes a spacious hall/gymnasium suitable for gatherings, classes, performances, or sports-related uses. The commercial-grade kitchen is equipped with an oven, refrigeration, prep areas, and serving windows. Restrooms, storage rooms, and utility areas are also present. The property benefits from ample on-street parking, plus additional private lot space. Its location provides excellent visibility and signage opportunities on Main Street. The surrounding area features rolling farmland, mountain views, and the Kishacoquillas Creek. This property is suited for a range of uses, including an auction house, church, daycare, event venue, community center, professional offices, medical practice, beauty salon, retail storefront, art gallery, or indoor vendor marketplace.
    Property Profile Location Intelligence

    Current Use by Public Records

    Milroy United Methodist ... Church

    Suggested Use

    Law Firm Restaurant Spa & Massage Center Hair Salon Nail Salon Pharmacy Kitchen & Bath Showroom Big Box & Wholesale Store Auto Repair Shop Bar & Pub

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

    Location Insight

    • Map
    • Local Demand
    City
    Milroy
    County
    Mifflin
    State
    Pennsylvania
    Longitude
    -77.58584
    Latitude
    40.71336

    FAQs

    What type of property is this?
    Church & religious facility - Circa-1900s church building with modern versatility in scenic Milroy, PA.
    Where is this church & religious facility located?
    The property is located at 91 S MAIN Street Milroy, PA.
    What is the lease rate?
    The lease rate is $1,500 /Mo.
    What are key features of this property?
    This property features: Grand open sanctuary with soaring ceilings, original hardwood floors, stately stained‑glass windows, and a full balcony.; Large rear addition featuring a spacious hall/gymnasium.; Commercial‑grade kitchen with oven, refrigeration, prep areas, and serving windows.
    (717) 575-4489
    We can help!
    Listing Contact
    Scott Wiglesworth
    Scott Wiglesworth
    Real Estate License ID: AB068273
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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.

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