Recently completed self storage property 30 minutes from the growing city of State College. Great supply ratios at the 3-mile radius of only 3.2sq ft per person. 1.82 acres of unzoned property and 85 units ready for a new owner to buy in a highly appreciating area of central Pennsylvania. Unit Mix 10x5-$59-20 10x10-$79-10 10x15-$89-33 10x20-$99-10 8x20-$89-10 (Shipping Container) 13x42-$200-3 (Mini Warehouse Building) 85 total units 44/85 leased (51.7% Occupancy) 2 Billboards on a permanent easement not included in sale on site. Seller is willing to offer seller financing on down payment portion of the purchase.
Historic Milroy Hotel/Bar with Income-Generating Apartments – 16,000+ Sq Ft of Opportunity Welcome to a rare investment opportunity in the heart of charming Milroy! This historic 16,000+ sq ft mixed-use property offers a turn-key bar and restaurant space, plus five residential apartments—four fully finished and rented, with one awaiting your custom design. The bar and dining area features seating for 50, a welcoming U-shaped bar, a pool table, and brand-new high-top tables. Serve up a small-plate menu with confidence using the brand-new UL-rated commercial kitchen, complete with a new hood, three bottle coolers, three freezers, and an ice machine. Upstairs, you'll find four apartments—two currently rented at $550/month and others $650/month, providing reliable income from day one. The fifth apartment is unfinished, offering you a blank canvas for additional value creation. Multiple storage rooms provide ample space for supplies or future expansion. Comfort is ensured year-round with central air for efficient cooling throughout. The property also features a large off-street parking lot—a major plus in this friendly small town setting. Whether you're looking to run a business, expand your investment portfolio, or live on-site while earning passive income, this property offers flexibility, history, and huge potential. Liquor license included. Recent appraisal completed,
Discover a fantastic investment opportunity in the heart of Milroy, PA. This well-maintained 8-unit efficiency apartment building offers consistent rental income with each unit currently rented at $450/month. Whether you’re expanding your portfolio or entering the investment market, this property delivers a steady return!
Recently completed self storage property 30 minutes from the growing city of State College. Great supply ratios at the 3-mile radius of only 3.2sq ft per person. 1.82 acres of unzoned property and 85 units ready for a new owner to buy in a highly appreciating area of central Pennsylvania. Unit Mix 10x5-$59-20 10x10-$79-10 10x15-$89-33 10x20-$99-10 8x20-$89-10 (Shipping Container) 13x42-$200-3 (Mini Warehouse Building) 85 total units 44/85 leased (51.7% Occupancy) 2 Billboards on a permanent easement not included in sale on site. Seller is willing to offer seller financing on down payment portion of the purchase.
Milroy is located in Pennsylvania. Milroy, Pennsylvania has a population of 1,522. Milroy is less family-centric than the surrounding county with 14.82% of the households containing married families with children. The county average for households married with children is 24.84%.
The median household income in Milroy, Pennsylvania is $50,556. The median household income for the surrounding county is $54,738 compared to the national median of $69,021. The median age of people living in Milroy is 49.3 years.
The average high temperature in July is 83.6 degrees, with an average low temperature in January of 17.8 degrees. The average rainfall is approximately 42.7 inches per year, with 31.5 inches of snow per year.
