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501 W Harford St
Milford, PA 18337
Retail Property For Sale
Investment Highlights
- Price Reduced: Now offered at $3,000,000, delivering a projected 2024 Net Operating Income (NOI) of $264,103 and an 8.8% capitalization rate.
- Strong Tenant with Triple-Net Lease: Fully leased to Key Food Marketplace under a triple-net lease until January 31, 2028, ensuring low-maintenance.
- Tourism-Driven Area: Close to the Poconos Mountains and Delaware Water Gap National Recreation Area, attracting thousands of tourists annually.
- Prime Location: Situated at 501 Harford Street W in Milford, PA, just 2.3 miles from I-84, at the tri-state border of PA, NJ, and NY.
- Development Potential: Includes a 0.84-acre parcel currently used for parking, with potential for separate sale or future commercial development.
- Surrounded by National Retailers: Located near Walmart, Rite Aid, McDonald’s, Dunkin, Walgreens, and more, ensuring strong consumer traffic.
Property Facts
Property Type
Retail
Property Subtype
Freestanding
Building Size
22,688 SF
Building Class
C
Year Built/Renovated
1970/1986
Tenancy
Single
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.27
Lot Size
1.94 AC
Zoning
DD - Development District.
Parking
121 Spaces (5.33 Spaces per 1,000 SF Leased)
Frontage
308’ on Harford St
Amenities
- Signage
- Air Conditioning
Property Taxes
| Parcel Number | 000998 | Improvements Assessment | $245,430 |
| Land Assessment | $61,740 | Total Assessment | $307,170 |
Property Taxes
Parcel Number
000998
Land Assessment
$61,740
Improvements Assessment
$245,430
Total Assessment
$307,170
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