For Sale
$8,000,000

661 Church St Hazleton, PA 18201

Prime Senior Housing Opportunity: 300 Beds Approved

Overview

Added:
Feb 3
Days on market:
81
This exceptional 8 million dollar investment presents a rare chance to capitalize on the burgeoning senior housing market in Hazleton, Pennsylvania. Located at 661 N Church S Street, this general commercial property boasts pre-approved zoning for a 300-bed assisted living facility with mixed-use potential. The site has already undergone significant preparation, with interior demolition (to a "vanilla box" state) completed, leaving the project poised for immediate framing and construction. This significantly reduces upfront costs and accelerates the timeline to occupancy. The property's strategic location within a growing market ensures strong occupancy rates and a high return on investment. Furthermore, the development benefits from active support from the local government, including access to development grants and attractive tax incentives, further enhancing the financial viability of this project. This turnkey opportunity eliminates many of the hurdles associated with new construction, offering a streamlined path to a profitable and impactful senior care facility. The property is ready for a developer to bring their vision to life and contribute to the growing needs of the senior community in Hazleton. Serious inquiries only.

Property Details for 661 Church St

Property type
Commercial real estate
Year Built
1928

Location Insight

City
Hazleton
County
Luzerne
State
Pennsylvania
Latitude
40.96479
Longitude
-75.97521

FAQs

What type of property is this?
Commercial real estate - Prime Senior Housing Opportunity: 300 Beds Approved
Where is the commercial real estate located?
The property is located at 661 Church St Hazleton, PA.
What is the asking price?
The asking price for this property is $8,000,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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661 Church St
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