Land•Industrial•For Sale

Prime Bluestone Quarry Portfolio - Pennsylvania

117 Jefferson St, Susquehanna County, Pennsylvania 18847

Sale Price $2,000,000
Sale Type Owner User
Zoning A-Agricultural
Class C
Land Area 884 Acres
Improvements This property offers significant current and future revenue streams from the continued mining of Pennsylvania Bluestone from two onsite quarries and gas royalties from existing natural gas wells. The property has a fully functional quarry producing highly desirable Pennsylvania Bluestone (a unique sandstone found only in Northeastern Pennsylvania) prized for architectural and aggregate uses. The property includes over 54,000 SF of industrial space divided over multiple manufacturing, warehouse and office buildings. Ideal as a continued quarry operation or alternative industrial use, the property features 480 Volt-3 Phase power and piped stations for air compressors/liquid oxygen/propane throughout the facility. The sale of the property will include NPDES permits, but excludes saws and previously mined stone.
Two tracts totaling 884± AC throughout Pennsylvania (Susquehanna & Dauphin Counties) and located in the heart of Pennsylvania’s productive bluestone region! These properties have significant bluestone reserves and include ready-to-mine quarries featuring easy access to the entire northeast! Stone meets PENNDot and NJDot cycle sodium soundness test standards. Previously approved under former ownership. Pennsylvania bluestone is a layered sandstone found only in the northeastern tier of Pennsylvania and the southern tier of New York. The quarried product has many uses, from cut dimensional stone used in patios, walkways and stair treads to architectural stone used in buildings. It is also used for wallstone, decorative boulders, natural steps and other landscape features. Due to the limited areas where bluestone reserves can be found, together with a growing demand for the prized stone, production volumes have remained strong in recent years. The area is home to the highly sought-after Pennsylvania bluestone, found only in the northeastern tier of Pennsylvania and southeastern New York. The quarries are conveniently located close to major interstates and railroad lines, making bluestone transportation to other areas of the country quick and easy. Hilco Real Estate, LLC. Fernando Palacios PA Real Estate Broker. 5% Buyer's Premium.
  • ATTRACTIVE MINIMUM BIDS: Lanesboro - $2,000,000; New Milford - $1,000,000
  • On-Site Inspections: By Appointment Only
  • Sizable tracts within geographic proximity
  • Potential direct access to the Norfolk Southern Line
  • Transferable quarry/mining permits
  • Opportunity to become one of the largest bluestone operators in the region
  • Significant bluestone reserves
8/14/2019 4:26:17 PM 8/14/2019 4:31:54 PM
Jeff Azuse
Senior Vice President
Hilco Real Estate

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