243 Queen Street N, Hamilton, Ontario

$12,250,000

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80,939

Square feet

5.00

Acres

About 243 Queen Street N

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. (id:36535)

Features of 243 Queen Street N

Listing # 40857056
Price $12,250,000
Bathrooms 0.00
Square Footage 80,939
Acres 5.00
Type Industrial
Sub-Type Freehold

Community Information

Address 243 Queen Street N
Subdivision 101 - Strathcona Central North
City Hamilton
Province Ontario
Postal Code L8R3N6

Amenities

Amenities Public Transit
Is Waterfront No
Has Pool No

Interior

Fireplace No
# of Stories 1
Has Basement No
Basement Type None

Listing Details

OfficeCourtesy Of Real Broker Ontario Ltd.

Listing Map