243 Queen Street N, Hamilton, ON

$12,250,000

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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.

Features of 243 Queen Street N

MLS® # X13742392
Price $12,250,000
Bathrooms 0.00
Type Commercial
Sub-Type Industrial
Status Active

Community Information

Address 243 Queen Street N
Area Hamilton
Subdivision Strathcona
City Hamilton
Province ON
Postal Code L8R 3N6

Amenities

Garages Covered
Is Waterfront No

Interior

Heating Gas Forced Air Open
Cooling Partial
Fireplace No

Listing Details

OfficeREAL BROKER ONTARIO LTD.

Listing Map

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