243 Queen Street N, Hamilton, Ontario L8R 3N6

Listed for:
$12,250,000
0 beds
0 baths
Listed 27 days ago
Other for rent: 243 Queen Street N, Hamilton, Ontario L8R 3N6

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About

Barton St W & Queen St 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:27476)

Property Highlights

MLS® Number
40857056
Type
Industrial
Ownership Type
Freehold
Land Size
5 - 9.99 acres

Building

Building Type
Other
Storeys
1.00
Square Footage
80939 sqft
Amenities
Public Transit
Fireplace Present
No
Basement Type
None
Basement Features
Building Heating Type
Heating Fuel
Building Cooling Type

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Location

Learn more about this property
Listing provided by:
Real Broker Ontario Ltd.
MLS® number:
40857056
Agent:
Ilan Friedner
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