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26-3774.Classic Floor Covering Co. Inc. 205 S Poplar St 10,933 SF Retail Building Hazleton, PA 18201 $895,000 ($81.86/SF)
Executive Summary
Versatile Commercial Property with Established Business Opportunity & Multiple Income Streams Outstanding opportunity to own a well-maintained commercial property with excellent flexibility and income potential. Currently operating as a successful flooring store, this property features an attractive retail showroom, dedicated office space, and a spacious warehouse complete with a rear loading garage door for convenient shipping, receiving, and inventory management.
The property also includes an attached ranch-style home that is currently tenant-occupied, providing immediate rental income. In addition, the parking lot is currently leased, creating another valuable income stream.
Zoned R-2, this unique property offers a variety of possibilities for investors, business owners, or entrepreneurs looking to own and operate their own business while benefiting from existing rental income.
Buyers have the option to purchase the real estate only or acquire both the property and the established flooring business as a turnkey operation. Whether you're looking to expand your portfolio, relocate your business, or invest in a property with multiple revenue sources, this is an opportunity you won't want to miss.
The property also includes an attached ranch-style home that is currently tenant-occupied, providing immediate rental income. In addition, the parking lot is currently leased, creating another valuable income stream.
Zoned R-2, this unique property offers a variety of possibilities for investors, business owners, or entrepreneurs looking to own and operate their own business while benefiting from existing rental income.
Buyers have the option to purchase the real estate only or acquire both the property and the established flooring business as a turnkey operation. Whether you're looking to expand your portfolio, relocate your business, or invest in a property with multiple revenue sources, this is an opportunity you won't want to miss.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
10,933 SF
Building Class
C
Year Built
1945
Price
$895,000
Price Per SF
$81.86
Tenancy
Single
Building Height
1 Story
Building FAR
0.44
Lot Size
0.57 AC
Zoning
r-2
Parking
10 Spaces (0.91 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Signage
Moderately walkable
60/100
Fairly drivable
50/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 71-U8NW21-018-01A-000 | Improvements Assessment | $311,400 |
| Land Assessment | $47,900 | Total Assessment | $359,300 |
Property Taxes
Parcel Number
71-U8NW21-018-01A-000
Land Assessment
$47,900
Improvements Assessment
$311,400
Total Assessment
$359,300
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26-3774.Classic Floor Covering Co. Inc. | 205 S Poplar St