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101 Carleton Ave 185,100 SF Industrial Building Hazleton, PA 18201 $10,250,000 ($55.38/SF)
Executive Summary
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.
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.
Property Facts
| Price | $10,250,000 | No. Stories | 2 |
| Price Per SF | $55.38 | Year Built/Renovated | 1925/1999 |
| Sale Type | Investment or Owner User | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 1.35/1,000 SF |
| Property Subtype | Manufacturing | Clear Ceiling Height | 40’ |
| Building Class | B | No. Dock-High Doors/Loading | 2 |
| Lot Size | 13.86 AC | No. Drive In / Grade-Level Doors | 5 |
| Rentable Building Area | 185,100 SF | Opportunity Zone |
Yes
|
| Zoning | I-2 - zoning is for light industrial uses, employment activities, and moderate-impact uses. | ||
| Price | $10,250,000 |
| Price Per SF | $55.38 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | B |
| Lot Size | 13.86 AC |
| Rentable Building Area | 185,100 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1925/1999 |
| Tenancy | Single |
| Parking Ratio | 1.35/1,000 SF |
| Clear Ceiling Height | 40’ |
| No. Dock-High Doors/Loading | 2 |
| No. Drive In / Grade-Level Doors | 5 |
| Opportunity Zone |
Yes |
| Zoning | I-2 - zoning is for light industrial uses, employment activities, and moderate-impact uses. |
Amenities
- 24 Hour Access
- Courtyard
- Fenced Lot
- Floor Drains
- Front Loading
- Mezzanine
- Property Manager on Site
- Security System
- Signage
- Skylights
- Yard
- Energy Performance Rating - A
- Storage Space
- Monument Signage
- Air Conditioning
Utilities
- Lighting
- Gas
- Water
- Sewer
- Heating
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Somewhat walkable
30/100
Moderately drivable
70/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 71-U8NW42-005-001 | Improvements Assessment | $3,979,500 |
| Land Assessment | $20,500 | Total Assessment | $4,000,000 |
Property Taxes
Parcel Number
71-U8NW42-005-001
Land Assessment
$20,500
Improvements Assessment
$3,979,500
Total Assessment
$4,000,000
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101 Carleton Ave
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