Summary

• 18,000+/- Sq Ft modern Commercial Building with impressive marble and glass façade, including ownership of 17 parking spaces
• Address: 1 West Broad Street, Hazleton, PA 18291, Luzerne County
• Auctioneers statement: This fine building was built for a bank as their regional headquarters. It is superbly built and well maintained.
• First floor: 13,603 sq ft
• Second floor: 4,472 sq ft
• Lower level/basement: 10,324 sq ft of which approximately 50% is finished.
• Part of the first floor (street level) has been operated as a Health and Fitness Center. The fitness equipment will be offered separately as one lot.
• The lower level/basement has been converted to country club quality showers, locker rooms, steam and sauna rooms, lavatories and other usable rooms.
• The second floor features a classic beautiful ballroom, that could function as a banquet facility or public meeting room (no kitchen). A large mirrored aerobics room is located on the first floor.
• The building has superior heavy duty electric and heating utilities.
• Three bank vaults.
• First floor (street level) has 2 separate entrances, convenient to use for multiple tenants.
• Building exterior: broad windows and an imposing marble facade.
• The back of the building faces a huge parking lot that includes the 17 parking spaces owned by this property.
• Four camera security system
• The Interstate Highways of I-81 and I-80 have made the Hazleton area one of the fastest growing in Pennsylvania.
• Property is located on the northeast corner of Broad and Wyoming Sts. which is downtown Hazleton’s busiest traffic corner.

Due Diligence

• Auction Terms
  
• Photo Gallery
  
• Equipment List
  [6 pg PDF 12KB posted 07/16]
• Furniture, Office Equipment and Related Items
  [4 pg PDF 22KB posted 07/16]
• Real Estate Only Agreement of Sale
  [8 pg PDF 49KB posted 07/16]
• Real Estate and Personal Property Agreement of Sale
  [8 pg PDF 40KB posted 07/16]
• Agreement of Sale of the Golf Simulator
  [3 pg PDF 24KB posted 07/16]
• Agreement of Sale of Fitness Equipment
  [3 pg PDF 24KB posted 07/16]
• *Broker Registration Form
  (2 pg PDF 156KB)

Links

• Luzerne County Site
  [opens in new window]
• City of Hazelton
  [opens in new window]

*You will need to have Adobe Reader installed to view these PDF documents. Download Adobe Reader

Details

Auction Date and Time
Thursday, July 17, 1:30 PM

Guaranteed Real Estate Deposit
A good faith registration deposit of $35,000 in the form of a bank cashier's check (made payable to you) is required to register to bid on the real estate at the time of the Auction and will be credited towards the 15% deposit.

Real Estate Settlement
On or before 45 days.

Agreement of Sale
The Agreement of Sale will be posted several days prior to the Auction. Click on the Terms link located at the bottom of the column on the left side of this page.

Weather Conditions
Auction held rain or shine.

Auction Location
On premises.

Previews
Thursday, July 10 from 12–3 pm and Monday, July 14 from 12-3 pm or by appointment by calling Traiman at 215-799-0655.

Water
Hazleton City Authority

Sewer
G.H.J.S.A.

2008 Taxes
$17,000.00

Zoning
Commercial

Seller's Reserve Price
Questions about seller's reserve can be answered by calling Traiman at 215-799-0655.

Property is available for purchase prior to the Auction. Contact Traiman if you wish to make an offer.

Brokers/Agents
Earn a real estate commission: Introduce your buyer to this property. Click on the Brokers registration Form located at the bottom of the left side column of this page and down load the Broker Registration form and follow the registration requirement

Questions Regarding this Auction
A Traiman representative will be at the previews to answer questions. If you need questions answered now you may direct specific questions regarding this Auction to info@traiman.com. Or call 215-799-0655, Reading the Agreement of Sale when it is posted may answer your questions

Directions
Property information may change daily and this is your notice that it may contain certain mistakes. Neither Traiman nor seller will be held liable for errors or omissions. If you see an error, please notify us immediately.

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