101 Carleton Ave - Manufacturing FOR SALE


Hazleton, PA 18201
$10,250,000 USD
610-276-1082
101 Carleton Ave, Hazleton, PA for Sale
$10,250,000 USD
Manufacturing - FOR SALE
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NEW


101 Carleton Ave
Hazleton, PA 18201


OVERVIEW

185,100 SF Manufacturing Facility on 13.86 Acres Avison Young is pleased to present for sale the Industrial property located at 101 Carleton Avenue in Hazleton, PA. The Property provides a prime opportunity that boasts a strategic location and attractive features. Originally constructed in 1925 and recently renovated in 2021, the property consists of approximately 162,000 SF of manufacturing/production space and 23,100 SF of office and employee support areas. The Property is zoned I-2 and situated on approximately 13.86 acres. The property is located within minutes of Interstate 81, which runs North-South and passes just West of Hazleton, providing easy access to other major cities like Scranton to the north and Harrisburg to the south. The property is also situated nearby I-476, a tolled highway located to the east of Hazleton that provides access to various destinations within Scranton, Allentown, Philadelphia and neighboring states. The Property is also situated within a Qualified Opportunity Zone, providing a future investor with a variety of tax benefits. These tax incentives include the deferral of capital gains taxes until the investment is sold, a reduction in the amount of taxes owed on the original gains, and potential tax-free growth on the investment itself.

FOR SALE DETAILS

PRICE

$10,250,000 USD

PRICE/SF

$55 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1925

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

40 Ft

DOCKS

2

DRIVE INS

5

PARKING SPACES

250

LAND DETAILS

LAND ACRES

13.86

LAND SF

603,742

ZONING

I-2

APN/PARCEL ID

71-U8NW42-005-001-000

ASK ABOUT THIS PROPERTY

Patrick KelleyAvison YoungMore Info
610-276-1082

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Patrick KelleyAvison YoungMore Info
610-276-1082

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.