1071 State Route 940 4,423 SF Retail Building Hazle Township, PA 18202 $995,000 ($224.96/SF)

1071 PA-940 presents an opportunity to acquire a fully occupied five-unit commercial strip center in Hazle Township, Luzerne County, Pennsylvania. Situated on approximately 1.47 acres, the property combines stable occupancy with owner-user flexibility, making it suitable for investors seeking income-producing real estate as well as business owners looking to establish or expand operations.
The property consists of five commercial units, with four currently generating rental income and one occupied by the owner. This arrangement provides a future purchaser with multiple options, including continuing existing operations, occupying the owner-user space, or leasing the unit to increase rental income potential. The building features a durable block and brick exterior, individually metered public utilities, rooftop HVAC, gas hot air heat, central air conditioning, ceramic tile flooring, and accessible restrooms.
Positioned along PA-940 with approximately 346 feet of frontage, the property benefits from visibility and access within a commercial corridor serving the surrounding Hazleton area. The site includes 41 parking spaces and is zoned B-2 General Commercial, allowing for a range of commercial uses. Demographic data indicates a population of 66,781 residents within a 15-minute drive, supporting local consumer and service demand. Combined with full occupancy, commercial zoning, and owner-user flexibility, the asset offers a blend of operational utility and investment potential.