Commercial listings / Industrial / For sale
243 Queen Street N, Hamilton, ON L8R 3N6
$12,250,000
- Property type
- Industrial
- Transaction
- For sale
- Location
- Hamilton, Hamilton
- Building area
- 80,939 Square Feet
- Lot size
- 7.44 Feet
- MLS® number
- X14117936
Description
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 four cranes: one 45-ton, two 30-ton and one 5-ton. 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.
Listing brokerage: REAL BROKER ONTARIO LTD.
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