APP Real Estate
For sale

📍 100 E Diamond AVE Other, PA 18201 Active, Other, PA, EUA

Industrial Complex for Sale in Hazleton - Pennsylvania - USA

$9,625,000

Overview
  • Size: 51096.65 m²
  • Price: $9,625,000
Description

The Silk Building in Hazleton, Pennsylvania, presents an extraordinary opportunity to acquire one of the largest multi-tenant industrial complexes in the region – an expansive space of approximately 51,095 m² distributed across five highly functional floors with remarkable versatility and scale. Positioned just moments from the I-81 corridor and within a 500 km radius of 25% of the US population, this asset offers exceptional logistical reach to major metropolitan markets, including Allentown, Philadelphia, New York, Harrisburg, Baltimore, and beyond. Offering oversized floor plates of approximately 10,219 m², robust power, generous load capacity, excellent ceiling heights, and fully heated interiors with recent LED upgrades, the property is uniquely equipped to meet a wide range of high-demand uses. The current ownership has invested over $1,000,000 in capital improvements, bringing the building to 60% occupancy while creating significant additional value-add potential for the next investor. With existing cash flow supported by established tenants and projected NNN rents of approximately $3.00 per square foot in vacant units, new ownership can increase revenue substantially throug

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