Current Use by Public Records
- Warehouses
Property Details for 711 Church St
- Property type
- Warehouses
- Property subtype
- Retail properties & Spaces
Description
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.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hazleton
- County
- Luzerne
- State
- Pennsylvania
- Longitude
- -75.9883
- Latitude
- 40.9411
