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243 QUEEN Street N — photo 1 of 221 / 22

243 QUEEN Street N

Hamilton, Ontario, L8R3N6

$12,250,000

Living area

80,939 square feet

About this property

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:66779)

Details

Sewer
Municipal sewage system
List aor
Cornerstone
Stories
1
Basement
None
Directions
Barton St W & Queen St N
Fireplace
No
Water source
Municipal water
Structure type
Other
Tax annual amount
198,465.95
Zoning description
D2, P5

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