Hazleton Portfolio of properties for Sale - I-81 Corridor
Exceptional opportunity to acquire the former St. Joseph Hospital campus, a substantial multi-building redevelopment property with zoning approvals for Residential, Assisted Living, and complementary Mixed-Use development.
Strategically located in Hazleton, Pennsylvania, with convenient access to I-80 and I-81 and close proximity to major industrial and employment centers, including Humboldt Industrial Park and CAN DO Corporate Center.
The offering includes two buildings and three additional parking lots, creating a substantial redevelopment campus with significant on-site parking capacity and development flexibility.
The property has been actively advanced through the redevelopment process, with significant private capital already invested in acquisition, environmental work, engineering, interior demolition, property maintenance, security and pre-development.
A major advantage of St. Joseph is its redevelopment flexibility and existing zoning approvals. The campus provides multiple potential development paths, including residential, Assisted Living / senior living, mixed-use, or a combination of uses, allowing a purchaser to pursue the strategy best aligned with its investment objectives.
Investment Highlights:
• Zoning approved for redevelopment
• Two-building campus, including the former St. Joseph Hospital and separate Convent building
• Three additional parking lots included in the offering
• Multiple parcels comprising the overall campus
• Significant on-site parking
• Significant interior demolition already completed
• Engineering, architectural and pre-development work completed or underway
• Residential redevelopment plans developed for the property
• Existing Assisted Living approvals provide additional development optionality
• Potential for residential, senior living, mixed-use or hybrid redevelopment
• Strategically located within the Greater Hazleton market with convenient regional access
• Significant opportunity for an experienced developer, institutional investor, senior-housing group or strategic operator
The entire campus is being offered as a single portfolio acquisition at $7,200,000.
Owner financing may be available to qualified buyers, subject to acceptable terms and seller approval.