Historic Commercial Building with Open
100 2nd Street Milford, PA 18337
For Sale
$349,000
COMMERCIAL - Milford, PA
Property Size1,539 SF
Lot Size0.09 Acres
Price / SF$226.77
Days on Market456
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
Listed By:
Elena Quinn
(845) 313-6332
Added: Apr 28, 2025
Changed: Jun 10
Last Checked: Jul 27 at 10:06PM
MLS# PW-251444
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
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 authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Bashful Blooms — 319 Broad St, Milford, PA 18337
Frequently Asked Questions
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
