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    109 1St St Hazleton, PA 18201

    Sponsored
    For Sale
    $499,000

    Versatile commercial space, residential potential.

    Property size:
    7,680 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional 7,680 square foot commercial building located at 109 E 1st Street in Hazleton, Pennsylvania, presents a unique investment opportunity. Currently zoned R-2, this property offers significant flexibility for a wide range of commercial ventures or conversion into residential units, catering to diverse business needs and development plans. The spacious interior features multiple office suites, providing ample room for various configurations to suit individual requirements. The building's prime location in Hazleton ensures high visibility and accessibility, making it an attractive proposition for businesses seeking a strong presence in the area. The property sits on a 0-acre lot, offering convenient access and potential for future expansion or outdoor amenities, depending on the intended use. The asking price of $499,000 represents a compelling value for a property with such versatility and potential in a desirable location. This is an ideal opportunity for entrepreneurs, investors, and developers seeking a property with significant upside potential in a thriving community. The R-2 zoning allows for a variety of uses, making this a truly adaptable and valuable asset. Serious inquiries are encouraged to explore the full potential of this remarkable property.

    Property Features for 109 1St St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    7,680 SF
    Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hazleton
    County
    Luzerne
    State
    Pennsylvania
    Longitude
    -75.96896
    Latitude
    40.96162

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    FAQs

    What type of property is this?
    Commercial real estate - Versatile commercial space, residential potential.
    Where is this commercial real estate located?
    The property is located at 109 1St St Hazleton, PA.
    What is the asking price?
    The asking price for this property is $499,000.
    (570) 288-9371
    Request Owner's contact information
    109 1St St Hazleton, PA 18201
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    Hazleton, PA 18201
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    109 1St St Hazleton, PA 18201
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