243 Queen Street N Hamilton, Ontario L8R 3N6

85,000 sqft
Acreage

$12,250,000

Fully leased income-producing industrial investment situated on a 7.44-acre site near Hamilton’s West Harbor. The property offers approximately 85,000 SF across three industrial units and is being offered at a 6.73% going-in cap rate, with a 3.8-year WALT and built-in rental escalations. The building features clear heights reaching approximately 54’, eight drive-in doors, and 15-ton and 45-ton cranes. Zoned D2 and P5, with significant land area, ample surface parking and outdoor yard space. An opportunity to acquire a stabilized industrial asset with secure in-place income and contractual rental growth. (id:50787)

Property Details

MLS® Number 40857056
Property Type Industrial
Amenities Near By Public Transit

Building

Basement Type None
Stories Total 1
Size Exterior 85000.0000
Size Interior 85,000 Sqft
Type Other
Utility Water Municipal Water

Land

Access Type Highway Access
Acreage Yes
Land Amenities Public Transit
Sewer Municipal Sewage System
Size Frontage 468 Ft
Size Total Text 5 - 9.99 Acres
Zoning Description D2, P5

https://www.realtor.ca/real-estate/30231716/243-queen-street-n-hamilton

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