101 Carleton Avenue

185,100 SF Industrial Facility

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 for users or investors 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. Additionally, the property features multiple Class D cranes, heavy power, and rail access.

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.