243 Queen Street N Hamilton, Ontario L8R 3N6

$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 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:55460)

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	80,939 Ft2
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