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About This Home
This 6-bedroom, 4-bathroom single family at 464 MAIN Street in New Milford, PA is listed for $395,000 ($112 per sqft). Built in 1960, the home offers 3,534 sqft of living space on a 1.02 acres lot.
Prime Mixed-Use Investment Opportunity | Commercial + Residential | Two Parcels Included Exceptional opportunity to own a highly visible mixed-use property in the heart of New Milford featuring two included parcels (109.06-1,056.00,000 & 109.06-1.057.00,000) encompassing 464 Main Street and 452 Main Street, New Milford, PA 18834.
Ideally positioned just moments from Exit 223 off Interstate 81, this prominent corner location offers outstanding exposure at the intersection of Routes 11 and 492-one of the area's primary corridors leading to Montrose, the county seat. This versatile property presents a rare combination of commercial space, residential income potential, ample parking, and future development flexibility.
The commercial portion offers an ideal setup for a variety of uses including professional offices, retail, cafe, boutique business operations, and more. The first floor features a welcoming reception area, four private offices, a spacious conference room, fresh paint, updated laminate flooring, and an additional updated one-bedroom apartment.
The upper levels provide excellent income-producing potential with two additional renovated residential units, including a two-bedroom apartment and a three-bedroom apartment, both recently painted and updated. Additional highlights include: - Two included parcels with additional land and expansion potential - Prime corner visibility with approxima
tely 5,000 vehicles per day (PennDOT traffic count) - Large parking area plus two-car garage - Large vacant lot offering additional possibilities - Public water and sewer - Surrounded by established local businesses, restaurants, convenience stores, hardware stores, and service providers - Easy access to Interstate 81 Whether you're seeking an inve
stment property, owner-occupant opportunity, business headquarters, or redevelopment potential, this property delivers flexibility and visibility in one of New Milford's most strategic locations. Offered at $395,000. Don't miss this unique opportunity to own a prominent mixed-use asset with multiple income streams and endless possibilities.
Key Features
- Built in 1960
- 1.02 acre lot
- 2 stories
Property Details
Monthly Cost Estimate
$2,113/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
464 MAIN Street
New Milford, PA 18834
NONE AVAILABLE
Property Details
Construction
Parking
Heating
Appliances
Questions & Answers
This 6-bedroom, 4-bathroom single family at 464 MAIN Street is listed at $395,000 ($112/sqft). The estimated monthly payment is $1,712 based on 20% down at 6.5% interest.
Key features include: Built in 1960, 1.02 acre lot, 2 stories.
This property is listed by Michael DeFiore and can be reached at 6097904824 or michael.defiore@houwzer.com.


