Historic Retail/Office
100 2nd Street Milford, PA 18337
For Sale
$349,000
COMMERCIAL - Milford, PA
Property Size1,500 SF
Lot Size0.09 Acres
Price / SF$232.67
Days on Market457
Property Features for 100 2nd Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
(CO4)
Rooms
Basement
Parking
4
Parking features
Off Street, On Street, Driveway
Security features
Security System
Exterior features
Lighting
Basement
Storage Space
Standard status
Active
APN
113.17-01-32 000456
Size
1,500 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
113.17-01-32 Control 000456Milford Borough - 08
Tax Annual Amount
4869
Utilities
Sewer type
Cesspool
Heating system
Natural Gas, Hot Water(Heating)
Cooling system
Multi Units
Water source
Public
Building Details
Year built
1820
Floors in Building
1
Number of units
1
Flooring type
Hardwood
Building materials
Frame
Roof type
Metal, Asphalt
Listing Agency:
Keller Williams RE Milford
(570) 296-6400
Listed By:
Elena Quinn
(845) 313-6332
Added: Apr 27, 2025
Changed: Jun 11
Last Checked: Jul 27 at 11:06PM
MLS# PW-251114
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.
A historic commercial building with an open layout, updated hardwood flooring, and a configuration well suited to showroom or studio-style use. The property includes a metal roof, a bathroom with shower, and a small kitchen, along with rear wheelchair access. Service is supported by a 200 AMP electrical setup and city water, and there is adequate backyard space for a patio.
Located in Milford, PA in the walkable heart of the area, the building is described as being in a cultural district with frequent pedestrian activity. It is close to Rt 84 and Rt 209 and the bridge into New Jersey, with nearby local shops and cafes, including Log Tavern Brewery and La Posada within walking distance.
Currently used as a guitar business, the space can also support a range of creative and service uses such as an art gallery, design studio, retail shop, yoga or therapy office, and barber shop, depending on how you plan the interior around the open floor plan and supporting restroom and kitchen facilities. Shown by appointment only.
Located in Milford, PA in the walkable heart of the area, the building is described as being in a cultural district with frequent pedestrian activity. It is close to Rt 84 and Rt 209 and the bridge into New Jersey, with nearby local shops and cafes, including Log Tavern Brewery and La Posada within walking distance.
Currently used as a guitar business, the space can also support a range of creative and service uses such as an art gallery, design studio, retail shop, yoga or therapy office, and barber shop, depending on how you plan the interior around the open floor plan and supporting restroom and kitchen facilities. Shown by appointment only.
Key Highlights
- 1,500+ SF commercial building built in 1820 in Milford, PA
- Updated hardwood flooring and open layout suited for retail, studio, office, or gallery use
- 200 AMP electric service with natural gas hot water heating and multi‑unit cooling
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 | $22.5k | $15.00 |
| − Vacancy | −$2.4k | −$1.58 |
| EGI | $20.1k | $13.43 |
| − OpEx | −$6.0k | −$4.03 |
| NOI | $14.1k | $9.40 |
1,500 SF · lease $15.00/SF/yr · vacancy 10.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$201.4K
$176.2K – $234.9K
NOI $14,096 @ 7.0% cap · market cap 4.04%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$366.0K
$320.3K – $427.1K
NOI $25,623 @ 7.0% cap · market cap 7.34%
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 - Historic commercial building with updated hardwood floors, open layout, and rear wheelchair access in downtown Milford.
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 built in 1820 in Milford, PA; Updated hardwood flooring and open layout suited for retail, studio, office, or gallery use; 200 AMP electric service with natural gas hot water heating and multi‑unit cooling
