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SaleIndustrial

243 Queen Street N

Hamilton, ON L8R 3N6

Price

$12,250,000

Building Size

80,939 sq ft

Lot: 7.44 acres (324,086 sq ft)

MLS# X13742392 | Listed by REAL BROKER ONTARIO LTD.

Business Details

Property Use

Free Standing

Commercial Space & Financials

Industrial Area

80,939 sq ft

Taxes (Annual)

$198,465.95

Industrial Specifications

Clear Height

50 ft

Lot Size

467.9'

Structure

Freestanding

Property Description

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 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.

Price & Status History

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Location

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243 Queen Street N, Hamilton L8R 3N6

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Listing Courtesy of: REAL BROKER ONTARIO LTD.

This listing is provided through the TRREB MLS® System. Contact the listing brokerage for more information.

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