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100 E Diamond Ave
Hazleton, PA 18201
Duplan Silk Mill · Industrial Property For Sale
INVESTMENT HIGHLIGHTS
- 100 E Diamond Avenue presents an excellent opportunity for an owner/user seeking move-in-ready storage, warehousing, and manufacturing space.
- Building specs include 22 exterior dock doors, 6 drive-in doors, 12- to 17-foot ceiling heights, and 400-amp, 120/240-volt power.
- Market orientated sellers. Recently reduced asking price to $9M. $588,000 NOI. High leasing velocity.
- Capitalize on convenient access to Harrisburg, the Lehigh Valley, Philadelphia, and New York City via easy Interstates 80 and 81 connectivity.
- Delivery trucks can reach approximately 60% of the nation’s population, as well as 40% of Canadian consumers, within a day's drive from the property.
EXECUTIVE SUMMARY
*SELLERS ARE MARKET ORIENTATED AND WILLING TO CONSIDER CREATIVE DEAL STRUCTURES.
*ASKING PRICE RECENTLY REDUCED TO $9M.
The historic Duplan Silk Mill at 100 E Diamond Avenue offers move-in-ready industrial warehouse space. Once home to the world's largest silk mill, this highly divisible five-story, 550,000-square-foot industrial facility remains a resonant industrial property within Hazleton, Pennsylvania.
A 150,000-square-foot ground-level space is available for an owner/user, which is highly divisible and suitable for storage, warehousing, or manufacturing. Much of the rest of the facility is leased, providing rental income from the occupied space. Building specifications include a 12- to 17-foot ceiling heights, 22 exterior dock doors, 6 drive-in doors, fluorescent lighting, a wet sprinkler system, and a 400-amp, 120/240-volt, 3-phase power supply. The property is situated on 9.51 acres across four parcels with ample truck and employee parking.
Positioned minutes from Interstates 80 and 81, 100 E Diamond Avenue provides seamless connections to Scranton, Harrisburg, the Lehigh Valley, Philadelphia, and New York City. The area can logistically reach over 50 million people within a four-hour drive. Additionally, the property is within two hours of the Lehigh Valley International, Newark Liberty, and Philadelphia International airports.
*ASKING PRICE RECENTLY REDUCED TO $9M.
The historic Duplan Silk Mill at 100 E Diamond Avenue offers move-in-ready industrial warehouse space. Once home to the world's largest silk mill, this highly divisible five-story, 550,000-square-foot industrial facility remains a resonant industrial property within Hazleton, Pennsylvania.
A 150,000-square-foot ground-level space is available for an owner/user, which is highly divisible and suitable for storage, warehousing, or manufacturing. Much of the rest of the facility is leased, providing rental income from the occupied space. Building specifications include a 12- to 17-foot ceiling heights, 22 exterior dock doors, 6 drive-in doors, fluorescent lighting, a wet sprinkler system, and a 400-amp, 120/240-volt, 3-phase power supply. The property is situated on 9.51 acres across four parcels with ample truck and employee parking.
Positioned minutes from Interstates 80 and 81, 100 E Diamond Avenue provides seamless connections to Scranton, Harrisburg, the Lehigh Valley, Philadelphia, and New York City. The area can logistically reach over 50 million people within a four-hour drive. Additionally, the property is within two hours of the Lehigh Valley International, Newark Liberty, and Philadelphia International airports.
PROPERTY FACTS
AMENITIES
- Property Manager on Site
- Storage Space
UTILITIES
- Water - City Water
- Sewer - City Sewer
- Heating - Fired Oil
PROPERTY TAXES
| Parcel Number | 71-T8SW21-006-001-000 | Improvements Assessment | $1,669,700 |
| Land Assessment | $148,600 | Total Assessment | $1,818,300 |
PROPERTY TAXES
Parcel Number
71-T8SW21-006-001-000
Land Assessment
$148,600
Improvements Assessment
$1,669,700
Total Assessment
$1,818,300
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