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    70 Locust St Hazleton, PA 18201

    Sponsored
    For Lease
    Contact for pricing

    Prime Hazleton Retail Space - Fully Vacant

    Lot size:
    9,208 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional retail opportunity presents the entire 9,208 square foot Grand Central Shopping Center, located at 70 South Locust Street in Hazleton, Pennsylvania, within Luzerne County (zip code 18201). The property is currently 100% vacant, offering a unique chance for a single tenant to occupy the entire space or for a developer to reposition the center. The flexible layout allows for various configurations, accommodating spaces ranging from approximately 4,000 to 7,934 square feet. This presents a significant opportunity for businesses seeking high visibility and accessibility in a bustling area. The property's location on South Locust Street ensures excellent exposure to high traffic volume, providing optimal conditions for attracting a substantial customer base. The building's total square footage is 9,208 square feet, offering ample space for a variety of retail uses. This is a rare chance to acquire a fully vacant shopping center in a desirable location, allowing for complete customization and branding to suit a specific business model. The property is situated in Hazleton, PA, offering access to a strong local market and convenient transportation links. Serious inquiries are encouraged to explore this exceptional retail investment.

    Property Features for 70 Locust St

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    9,208 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    7,934 SF

    HighLights

    • Prime location just east of I‑81 in Hazleton's central business district.
    • Easy access to Hazleton's downtown area.
    • Strong demographics: Over 40,000 residents within a three‑mile radius.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    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
    -75.9817459
    Latitude
    40.9546277

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    Nearby Similar for Lease

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    FAQs

    What type of property is this?
    Lifestyle center - Prime Hazleton Retail Space - Fully Vacant
    Where is this lifestyle center located?
    The property is located at 70 Locust St Hazleton, PA.
    What are key features of this property?
    This property features: Prime location just east of I-81 in Hazleton's central business district.; Easy access to Hazleton's downtown area.; Strong demographics: Over 40,000 residents within a three-mile radius.
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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
    70 Locust St Hazleton, PA 18201
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