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 3.2-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:62104)
| MLS® Number | X13742392 |
| Property Type | Industrial |
| Community Name | Strathcona |
| Features | Rail |
| Cooling Type | Partially Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 85,000 Sqft |
| Utility Water | Municipal Water |
| Acreage | No |
| Size Frontage | 467 Ft ,10 In |
| Size Irregular | 467.9 Ft |
| Size Total Text | 467.9 Ft |
| Zoning Description | D2, P5 |
https://www.realtor.ca/real-estate/30231880/243-queen-street-n-hamilton-strathcona-strathcona
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