243 Queen Street N Hamilton, Ontario L8R 3N6

85,000 sqft
Partially Air Conditioned Forced Air

$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 3.2-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)

Property Details

MLS® Number X13742392
Property Type Industrial
Community Name Strathcona
Features Rail

Building

Cooling Type Partially Air Conditioned
Heating Fuel Natural Gas
Heating Type Forced Air
Size Interior 85,000 Sqft
Utility Water Municipal Water

Land

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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