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$9,625,000
11 Days On Site

100 E Diamond Avenue
Out of Area, PA 18201

For Sale|Industrial|Active
0
Beds
0
Total Baths
550,000
SqFt
$18
/SqFt
County:
Out of Area
Listing courtesy of Triforce Commercial RE LLC jason@triforcecre.com
100 E Diamond Avenue
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Monthly Payment (Est.)

$43,913
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The Silk Building in Hazleton, Pennsylvania presents an extraordinary opportunity to acquire one of the region’s largest multi-tenant industrial complexes-an expansive ±550,000 square feet set across five highly functional floors with remarkable versatility and scale. Positioned moments from the I-81 corridor and within a 300-mile radius of 25 percent of the U.S. population, this asset delivers exceptional logistical reach to major metropolitan markets including Allentown, Philadelphia, New York City, Harrisburg, Baltimore, and beyond. Offering oversized floor plates of approximately 110,000 square feet, heavy power, generous loading capacity, excellent ceiling heights, and fully heated interiors with recent LED upgrades, the property is uniquely equipped to serve a wide range of high-demand uses. Current ownership has invested over $1,000,000 in capital improvements, elevating the building to 60% occupancy while creating meaningful additional upside for the next investor. With in-place cash flow supported by established tenants and projected NNN rents of approximately $3.00 per square foot on vacant units, new ownership can grow revenue substantially through traditional warehouse, manufacturing, flex, and distribution leasing-as well as by expanding into rapidly growing sectors such as AI infrastructure, robotics, data centers, call centers, self-storage, and other technology-forward operations. The property’s structural characteristics and clear spans also make it an exceptional candidate for a future full or partial residential conversion, supported by Pennsylvania’s Mixed-Use Housing Development Pilot Program. The complex sits on 9.51 acres and features 22 loading docks, 7 drive-ins, 12 exterior doors, two steel freight elevators, and robust heavy-duty power (400 amps, 120-240 volts). With strong demographics, a civilian labor force of over 343,000 within easy commuting distance, and the logistical advantage of proximity to Interstates 80, 81, 84, 380, and 476, The Silk Building is strategically positioned for long-term performance. As one of the largest industrial assets in its submarket, it offers powerful economies of scale, stable income, and a clear roadmap to significantly enhanced returns. This is a rare chance to acquire a high-capacity industrial hub with both immediate cash flow and substantial value-add potential.

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Listing Snapshot
Price 
$9,625,000
Days On Site 
11 Days
Bedrooms 
N/A
Inside Area (SqFt) 
550,000 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
N/A
MLS® Number 
937965
Status 
Active
Property Tax 
$128,278
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a week agoStatus changed to Active
a week agoPrice changed to $9,625,000
a week agoListing updated with changes from the MLS®
2 weeks agoListing first seen on site
General Features
Property Sub Type 
Industrial
Sewer 
Public Sewer
SqFt Total 
550000
Utilities 
Natural Gas AvailableElectricity Available
Water Source 
Public
Interior Features
Heating 
Other
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Exterior Features
Construction Details 
Other
Listing courtesy of Triforce Commercial RE LLC jason@triforcecre.com


Based on information submitted to the MLS GRID as of 2025-11-30 07:10 PM EST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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