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INVESTMENT HIGHLIGHTS
- Turnkey opportunity for either an Owner/User or Tenant
- High visibility with powerful branding opportunities
- Drive through plus 14 on-site parking spaces
- Class A design and construction
- “Main and Main” location
EXECUTIVE SUMMARY
Colliers is the Owner’s exclusive agent to offer for sale the fee simple interest in this vacant, two-story, Class A, former bank branch and office building at the corner of “Main and Main” in the heart of downtown Hazleton, Luzerne County, Pennsylvania. Hazleton is the second-most populous city in Luzerne County.
The Property is located on a prime corner in downtown Hazleton. Accordingly, building signage is prominent, offering top-notch branding for the Property’s occupant.
Hazleton’s economy is thriving as one of Pennsylvania’s premier industrial logistics and distribution hubs, thanks to its location on I-81 within a few hours of the ports of New York and Philadelphia.
The Property is well-maintained, has strong curb appeal, and easy access at a signaled intersection.
Not only is the building handsomely designed and well-constructed to PNC Bank’s stringent specifications, but it also features a functional drive-thru, 14 on-site parking spaces, and fiber-optic cabling.
The Property is located on a prime corner in downtown Hazleton. Accordingly, building signage is prominent, offering top-notch branding for the Property’s occupant.
Hazleton’s economy is thriving as one of Pennsylvania’s premier industrial logistics and distribution hubs, thanks to its location on I-81 within a few hours of the ports of New York and Philadelphia.
The Property is well-maintained, has strong curb appeal, and easy access at a signaled intersection.
Not only is the building handsomely designed and well-constructed to PNC Bank’s stringent specifications, but it also features a functional drive-thru, 14 on-site parking spaces, and fiber-optic cabling.
FINANCIAL SUMMARY (ACTUAL - 2025) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
$20,833
|
$2.59
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$20,833
|
$2.59
|
FINANCIAL SUMMARY (ACTUAL - 2025)
| Taxes | |
|---|---|
| Annual | $20,833 |
| Annual Per SF | $2.59 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $20,833 |
| Annual Per SF | $2.59 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
High Vacancy Property
Property Type
Retail
Property Subtype
Building Size
8,050 SF
Building Class
C
Year Built/Renovated
1980/2020
Price
$1,600,000
Price Per SF
$198.76
Tenancy
Single
Building Height
2 Stories
Building FAR
0.40
Lot Size
0.46 AC
Opportunity Zone
Yes
Zoning
CC - Central Commercial
Parking
14 Spaces (1.74 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Banking
- Corner Lot
- Security System
- Signage
- Signalized Intersection
- Tenant Controlled HVAC
- Drive Thru
- Wheelchair Accessible
- Air Conditioning
- Fiber Optic Internet
Walk Score®
Very Walkable (83)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 71-T8SW42-013-008-000 | Total Assessment | $700,000 |
| Land Assessment | $91,400 | Annual Taxes | $20,833 ($2.59/SF) |
| Improvements Assessment | $608,600 | Tax Year | 2025 Payable 2025 |
PROPERTY TAXES
Parcel Number
71-T8SW42-013-008-000
Land Assessment
$91,400
Improvements Assessment
$608,600
Total Assessment
$700,000
Annual Taxes
$20,833 ($2.59/SF)
Tax Year
2025 Payable 2025
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