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243 Queen Street N Hamilton, Ontario L8R 3N6

80939 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 80,939 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 cranes: one 45-ton, two 30-ton and one 5-ton. 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:61499)

Property Details

MLS® Number 40873516
Property Type Industrial
AmenitiesNearBy Public Transit

Building

BasementType None
StoriesTotal 1
SizeExterior 80939.0000
SizeInterior 80939 Sqft
Type Other
UtilityWater Municipal Water

Land

AccessType Highway Access
Acreage Yes
LandAmenities Public Transit
Sewer Municipal Sewage System
SizeFrontage 468 Ft
SizeTotalText 5 - 9.99 Acres
ZoningDescription D2, P5

https://www.realtor.ca/real-estate/30445040/243-queen-street-n-hamilton

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Ilan Friedner
Salesperson


Real Broker Ontario Ltd.
130 King St. W. Suite 1900d
Toronto, Ontario M5X 1E3

Elton Ilir Demirxhiu
Salesperson


Real Broker Ontario Ltd.
130 King St. W. Suite 1900d
Toronto, Ontario M5X 1E3

Noah Leibtag
Salesperson


Real Broker Ontario Ltd.
130 King St. W. Suite 1900d
Toronto, Ontario M5X 1E3

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