221 Hemlock St Hazleton, PA 18201-5512
This expansive commercial property at 221 E Hemlock Street in Hazleton, Pennsylvania, presents a significant investment opportunity. The substantial 11,536 square foot building offers versatile space ideal for a multitude of business ventures. Currently configured as a two-story warehouse/storage facility, the structure boasts a durable brick and concrete construction, ensuring longevity and stability. The property's strategic location within a thriving commercial district provides excellent visibility and accessibility. Access is facilitated by a garage-style entry point, supplemented by two additional entry doors, enhancing operational efficiency and flexibility. While city approvals are currently pending, this presents a chance to shape the property to perfectly suit your business needs. The substantial size and robust construction of this building make it an attractive proposition for a wide range of commercial uses, from storage and distribution to light manufacturing or retail. The absence of land beyond the building footprint allows for focused development and streamlined operations. This property is offered at $265,000. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.