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Renovated Mixed-Use Property

300 W Harford St, Milford, PA 18337

For Sale
$450,000

Office space, on-site parking, and residential use support a live-work setup.

Property Size2,384 SF
Price / SF$188.76
Days on Market12

Property Features for 300 W Harford St

General Information

Standard status Active
Size 2,384 SF

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Condition Newly Renovated
Property Use Mixed Use

Taxes and HOA fees

Annual Taxes $3,403

Building Details

Buildings 1
Listing Agency: Keller Williams RE Milford
Listed By: Theresa Rocco · License PA RS288271
Source: Exprealty
Added: Nov 2 Changed: Nov 13 Last Checked: Nov 12 at 2:18PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams RE Milford

Rey
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Investment Insights

Based on property information with market context.

This renovated 2,384-square-foot building has office space and 1.5 baths. Improvements include a new electrical panel, fixtures, kitchen and appliances, bathrooms, and flooring, along with refinished hardwood floors. The property also has on-site parking and can accommodate living and business uses.

The building is off Route 6 and near the Milford exit of I-84. Its configuration supports mixed residential and commercial use.

Key Highlights

  • 2,384 sq. ft. building with office space
  • Renovated with a new electrical panel, fixtures, kitchen, appliances, bathrooms, and flooring
  • 1.5 baths

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$29,287
Cap Rate
6.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$585,740 $585.7K
Cap Rate 7%
$418,386 $418.4K
Cap Rate 9%
$325,411 $325.4K
Market Conditions
NOI Build-Up for 2,384 SF
Gross rent
$50.1K $21.00/SF
− Vacancy
−$11.0K −$4.62/SF
EGI
$39.0K $16.38/SF
− OpEx
−$9.8K −$4.10/SF
NOI
$29.3K $12.29/SF
Area
Pike County, PA
Vacancy
22.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$585,740
Cap Rate 7%
$418,386
Cap Rate 9%
$325,411

Alternative Uses

Best Use
Office B
$418.4K
$366.1K – $488.1K (±1% cap)
NOI $29,287 @ 7.0% cap · market cap 6.51%
Second Best
Mixed Use
$344.8K
$301.7K – $402.3K (±1% cap)
NOI $24,138 @ 7.0% cap · market cap 5.36%
Theoretical Best
Office A
$581.8K
$509.1K – $678.7K (±1% cap)
NOI $40,724 @ 7.0% cap · market cap 9.05%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

George J. Sacchi ... Pharmacy Robert Gershey Pharmacy Dp Luhrs True ... Building Supply

Suggested Use

Top Pick Auto Parts Store Bakery HVAC Service (Bike/Boat/Book/etc) Store Home Appliance Store Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

729
Businesses Nearby

Demographics for 18337, PA

15,519
Population
7,615
Households
2
Avg Household Size
47
Median Age
33%
College-Educated
95%
High-School Grad
71.8 sq mi
ZIP Area
216
Density / Sq Mi
$89,935
Median Household Income
$48,022
Median Earnings
$1,507
Median Rent
$284,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Office space, on-site parking, and residential use support a live-work setup.
Where is this mixed-use property located?
The property is located at 300 W Harford St Milford, PA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 2,384 sq. ft. building with office space; Renovated with a new electrical panel, fixtures, kitchen, appliances, bathrooms, and flooring; 1.5 baths
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