100 Diamond AveHazleton, PA 18201

Property Details for 100 Diamond Ave

Lot size

7.62 AC

Property type

Manufacturing properties

APN

71-T8SW21-006-001

APU

71T8SW21006001

Description

This iconic five-story, 550,000-square-foot industrial building, formerly the world's largest silk mill, presents a unique opportunity in Hazleton, PA. Located at 100 E Diamond Ave, this Class B property offers multiple suites ranging from 8,000 to 150,000 contiguous square feet, with 200,000 square feet currently vacant. The building features impressive 14-foot ceiling heights, 20 loading docks, and ample parking for 130 vehicles. Power is supplied by a 400-amp, 120-240-volt, 3-phase system. Elevators are available. The property sits on 7.62 acres of land and is zoned G-1, allowing for light manufacturing, warehousing, and distribution. Its strategic location offers easy access to Interstates 80 and 81, providing seamless connectivity to major East Coast markets, including Scranton, Harrisburg, Lehigh Valley, Philadelphia, and New York City. The building's proximity to three major international airports within a two-hour radius further enhances its logistical advantages. This prime location, combined with competitive rental rates and expenses, makes this a compelling investment opportunity in one of the most affordable industrial markets in the country. The property boasts a rich history and offers modern amenities, making it an ideal space for a variety of industrial uses. The building's substantial floor plates (110,000 sq ft) provide flexibility for large-scale operations.

• Alternative Use

  Use

  Valuation

  Residential

  $58,642,004

  Hospitality

  $53,715,760

  Educational

  $44,690,880

  Medical

  $46,227,868

  Retail

  $69,519,152

Location Insight

City

Hazleton

County

Luzerne

State

Pennsylvania

Latitude

40.9599

Longitude

-75.969

CBSA code

42540

CBSA name

SCRANTON--WILKES-BARRE, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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