The new property owners plan to demolish the breaker and sell hundreds of tons of salvaged metal for scrap.
State officials said the coal breaker was at a risk of collapsing, but locals expressed sadness to see it go.
The breaker had been a part of the Luzerne county landscape for more than 80 years.
Local residents hope mementos from the breaker will be saved before its demolition.
There is a crusher on the top floor of the breaker that residents hope will be salvaged in order to keep a piece of the town’s industrial history alive.
The current owners have not specified how long the demolition will take or what will be taking the place of the Huber Breaker.