Three-Story Storefront
For Sale
$799,999
354 W Broad Street, Hazleton, PA 18201
Downtown commercial building with vertical retail space, freight access, and recently completed roof improvements.
Property Size4,000 SF
Price / SF$199
Days on Market70
Property Features for 354 W Broad Street
General Information
Standard status
Active
Size
4,000 SF
Taxes and HOA fees
Annual Taxes
$6,018
Amenities
store front
freight elevator
glass block floor
new roof
Building Details
Buildings
1
Stories
3
Listing Agency:
Lewith & Freeman, Kingston
(570) 762-8277
Listed By:
Gregory Barrouk
(570) 762-8277
Source:
Exprealty
Added: May 28
Changed: Aug 5
Last Checked: Aug 5 at 3:57AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lewith & Freeman, Kingston
Investment Insights
Based on property information with market context.
This three-story storefront property provides a 4000 sq ft floor plan arranged across multiple levels. The building includes a street-facing retail area, a freight elevator, and a glass block floor on the top level. A new roof is also in place, adding a recent building improvement to the asset’s physical profile.
The property is situated in the downtown business district of Hazleton at 354 W Broad Street. Inventory associated with the operation is available for purchase separately, providing an additional component for consideration.
The property is situated in the downtown business district of Hazleton at 354 W Broad Street. Inventory associated with the operation is available for purchase separately, providing an additional component for consideration.
Key Highlights
- Three‑story retail building with a 4000 sq ft floor plan
- Storefront component facing W Broad Street
- Freight elevator serves the building
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $52.8k | $13.20 |
| − Vacancy | −$5.3k | −$1.32 |
| EGI | $47.5k | $11.88 |
| − OpEx | −$14.3k | −$3.56 |
| NOI | $33.3k | $8.32 |
4,000 SF · lease $13.20/SF/yr · vacancy 10.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$475.2K
$415.8K – $554.4K
NOI $33,264 @ 7.0% cap · market cap 4.16%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.27M
$1.11M – $1.48M
NOI $88,704 @ 7.0% cap · market cap 11.09%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,374
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 18201, PA
31,310
Population
13,318
Households
2.4
Avg Household Size
37
Median Age
11%
College-Educated
76%
High-School Grad
17.5 sq mi
ZIP Area
1,789
Density / Sq Mi
$43,983
Median Household Income
$30,463
Median Earnings
$1,019
Median Rent
$131,900
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Hazleton Florist
- Smith Floral Co. — e spruce st, hazleton, pa 18202
Frequently Asked Questions
What type of property is this?
Storefront property - Downtown commercial building with vertical retail space, freight access, and recently completed roof improvements.
Where is this storefront property located?
The property is located at 354 W Broad Street Hazleton, PA.
What is the asking price?
The asking price for this property is $799,999.
What are key features of this property?
This property features: Three‑story retail building with a 4000 sq ft floor plan; Storefront component facing W Broad Street; Freight elevator serves the building
