711 Church StHazleton, PA 18201

For Sale
$1,250,000

High-Yield, 100% Occupied Commercial Property

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional mixed-use property in Hazleton, Pennsylvania, presents a compelling investment opportunity. The 19,151 square foot building boasts a 100% occupancy rate with long-term tenants in recession-resistant industries, generating a strong net operating income (NOI) of $107,563 and an 8.61% cap rate. Located on a high-traffic section of Route 309, just one mile from I-81 and Route 93, and eight miles from I-80, this strategically positioned asset benefits from excellent visibility and accessibility. A newly installed traffic light further enhances its desirability. The property sits on a 2.9-acre lot, including a sizable unfinished steel shed with expansion potential to 4,000 square feet, and approximately 28,000 square feet of vacant land suitable for an additional 8,000 square foot structure. The property is zoned for commercial use and offers a diverse mix of office, retail, and distribution center space. The asking price is $1,250,000, representing a price per square foot of $65.27. This turnkey investment offers significant upside potential through expansion and future development. The strong tenant base and prime location make this a truly exceptional opportunity for investors seeking a high-yield, low-risk investment. The address is 711 S Church St, Hazleton, PA 18201.

Highlights

  • Exceptional mixed-use property in Hazleton, PA, offering a strong NOI of $107,563 and an 8.61% cap rate.
  • 19,151 square foot building with 100% occupancy and long-term, recession-resistant tenants.
  • Prime location on Route 309, near major highways (I-81, Route 93, I-80), with high visibility and a new traffic light.
  • 2.9-acre lot including a sizable unfinished steel shed (4,000 sq ft expansion potential) and 28,000 sq ft of vacant land (8,000 sq ft building potential).
  • Asking price: $1,250,000 ($65.27/sq ft). Zoned for commercial use; includes office, retail, and distribution space.

Location Insight

City
Hazleton
County
Luzerne
State
Pennsylvania
Latitude
40.9410955
Longitude
-75.9883326
711 Church St, Hazleton, Pennsylvania

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711 Church St
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