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Restaurant and Pub with Outdoor Deck
For Sale
$2,250,000

Confidential, Milford, PA 18337

Commercial Sale, Milford, PA

Property Size9,285 SF
Lot Size3.22 Acres
Price / SF$242.33
Days on Market297

Property Features for Confidential

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial
Rooms Basement
Basement Full, Partially Finished
Lot features Level
Subdivision Delaware Township
Standard status Active
APN 000000000000
Size 9,285 SF
Lot size 3.22 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 11248

Utilities

Cooling system Central Air
Water source Well

Building Details

Year built 1970
Floors in Building 2
Roof type Shingle
Buildings 1
Listing Agency: Compass Pennsylvania, LLC
Listed By: Megan E Shingara
Added: Jan 6 Changed: Oct 28 Last Checked: Oct 30 at 12:06PM
MLS# PM-138080

Copyright © 2026 Pocono Mountains Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This 9,285-square-foot restaurant and pub occupies a 3.22-acre site in Milford, Pennsylvania. Dining, bar, and banquet areas accommodate approximately 380 guests, with an additional 900-square-foot outdoor deck. The basement contains a three-bedroom apartment with a laundry room.

Property improvements include a septic system installed in 2019, a roof replaced in 2017, and a whole-building generator dating to 2008. The property fronts a main road with reported traffic of approximately 6,000 cars per day. A well supplies the building, and central air provides cooling.

Key Highlights

  • 9,285‑square‑foot restaurant and pub on 3.22 acres
  • Dining, bar, and banquet areas accommodate approximately 380 guests
  • 900‑square‑foot outdoor deck

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$111,305
Cap Rate
4.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,226,100 $2.2M
Cap Rate 7%
$1,590,071 $1.6M
Cap Rate 9%
$1,236,722 $1.2M
Market Conditions
NOI Build-Up for 9,285 SF
Gross rent
$158.2K $17.04/SF
− Vacancy
−$9.8K −$1.06/SF
EGI
$148.4K $15.98/SF
− OpEx
−$37.1K −$4.00/SF
NOI
$111.3K $11.99/SF
Area
Pike County, PA
Vacancy
6.20%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,226,100
Cap Rate 7%
$1,590,071
Cap Rate 9%
$1,236,722

Alternative Uses

Best Use
Specialty Retail
$1.59M
$1.39M – $1.86M (±1% cap)
NOI $111,305 @ 7.0% cap · market cap 4.95%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.27M
$1.98M – $2.64M (±1% cap)
NOI $158,609 @ 7.0% cap · market cap 7.05%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Conventional restaurants

Lease Details

6,000 VPD
Traffic count
Yes
Paved road access
Yes
Liquor license

Location Intelligence

Trade Area within ½ mile

88
Businesses Nearby
Well-served
Demand for This Use

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

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Dining, bar, and banquet areas provide a range of settings for food service and events.
Where is this conventional restaurant located?
The property is located at Confidential Milford, PA.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: 9,285‑square‑foot restaurant and pub on 3.22 acres; Dining, bar, and banquet areas accommodate approximately 380 guests; 900‑square‑foot outdoor deck
Research This Page with AI

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Includes: Price & PSF · Cap rate · Location · Zoning

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