Hazle Twp, Pennsylvania Commercial Real Estate 0 Listings

Hazle Twp, Pennsylvania: A Premier Destination for Commercial Real Estate

Introduction

Hazle Township, Pennsylvania, offers a compelling destination for commercial real estate (CRE) investments, driven by its strategic location in the heart of Luzerne County. With a population of approximately 10,000, Hazle Twp is part of the larger Hazleton metropolitan area, known for its varied economy, including logistics, manufacturing, and retail sectors. Its unique positioning as a transportation hub enhances its CRE appeal, providing ample opportunities for investors and businesses alike.

Economic and Industry Overview

Hazle Twp's economy is powered by its diverse industry clusters, primarily in logistics, manufacturing, and retail. The area's burgeoning logistics sector, supported by proximity to major distribution centers, drives demand for industrial properties. Manufacturing also plays a vital role, with businesses seeking flexible and industrial spaces. Retail remains robust, with shopping centers and strip malls catering to the local population and surrounding communities.

Regional economic development initiatives, such as those led by the Northeastern Pennsylvania Alliance, focus on fostering growth in these key sectors, thus stimulating demand for various commercial property types.

Strategic Location and Transportation Infrastructure

Hazle Twp benefits from its strategic location near several major highways, including Interstates 80 and 81, which provide seamless connectivity to larger markets such as New York City and Philadelphia. The township's transportation infrastructure includes the Wilkes-Barre/Scranton International Airport, offering freight and passenger services. Additionally, the presence of the Reading & Northern Railroad enhances its appeal as a logistics and distribution hub.

For more details on transportation, visit the PennDOT website or the Wilkes-Barre/Scranton International Airport.

Commercial Real Estate Inventory & Zoning

The commercial real estate landscape in Hazle Twp includes several submarkets, such as the downtown area and industrial corridors along major highways. Key asset classes include industrial, retail, office, and flex spaces. Recent zoning changes have created opportunities for developers, particularly in areas designated as growth corridors.

For more information on zoning and land use, visit the Luzerne County GIS Mapping page.

Major Employers and Institutions

Hazle Twp hosts several major employers, including Amazon and Cargill, which contribute significantly to the demand for commercial real estate. The presence of Luzerne County Community College adds to the area's economic vibrancy, providing a steady influx of educated workers.

Explore the Greater Hazleton Chamber of Commerce for more information on local businesses and institutions.

Notable Commercial Developments & Projects

Recent years have seen the rise of several notable commercial developments in Hazle Twp, such as the Humboldt Industrial Park, which offers vast spaces for industrial use. Additionally, the area is part of designated Opportunity Zones, encouraging investment through tax incentives.

Visit the PA Department of Community and Economic Development for more on Opportunity Zones and development projects.

Building Permits, Planning, and Development Tools

Key resources for developers and investors include:

Market Data & Economic Reports

Access public data sets and economic reports through Census.gov and the City of Hazleton Open Data Portal. Brevitas utilizes AI-powered aggregation from these public data sources and internal insights, offering sophisticated dashboards for Hazle Twp's commercial real estate market.