Pub with Liquor
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 Market256
Property Features for Confidential
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial
Rooms
Basement
Basement
Partially Finished, Full
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
Listing Agency:
Compass Pennsylvania, LLC
(610) 822-3356
Listed By:
Megan E Shingara · License #RS364536
(267) 435-8015
Added: Jan 6
Changed: Sep 15
Last Checked: Sep 19 at 3:06AM
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.
Investment Insights
Based on property information with market context.
This Milford pub and restaurant occupies a 9,285-square-foot building on 3.22 acres. The layout includes a dining room, bar, banquet area, and a 900-square-foot outdoor deck, with seating for approximately 380 guests and ample parking. A liquor license is included. The basement contains a 3-bedroom apartment with a laundry room.
Capital improvements include a 2019 septic system, a 2017 shingle roof, and a whole-building generator installed in 2008. The building also has central air conditioning and a well water source. Situated on a main road in Milford, the property records around 6,000 cars per day and is located approximately 70 miles from New York City.
Capital improvements include a 2019 septic system, a 2017 shingle roof, and a whole-building generator installed in 2008. The building also has central air conditioning and a well water source. Situated on a main road in Milford, the property records around 6,000 cars per day and is located approximately 70 miles from New York City.
Key Highlights
- 9,285‑square‑foot building on 3.22 acres
- Approximately 380‑guest capacity across dining, bar, banquet, and deck areas
- 900‑square‑foot outdoor deck and ample parking
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$111,305
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.95%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
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.
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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
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
NOI $158,609 @ 7.0% cap · market cap 7.05%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
6,000 VPD
Traffic count
Turnkey business
Opportunity
Yes
Paved road access
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
88
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- The Social — 224a Broad St, Milford, PA 18337
Frequently Asked Questions
What type of property is this?
Bar & Pub - Food-and-beverage property combining dining, bar, banquet, and outdoor deck areas with substantial guest capacity.
Where is this bar & pub 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 building on 3.22 acres; Approximately 380‑guest capacity across dining, bar, banquet, and deck areas; 900‑square‑foot outdoor deck and ample parking
