$12,250,000
Available - For Sale
Listing ID: X13742392
243 Queen Street North , Hamilton, L8R 3N6, Hamilton
| 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. |
| Price | $12,250,000 |
| Taxes: | $198465.95 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 243 Queen Street North , Hamilton, L8R 3N6, Hamilton |
| Postal Code: | L8R 3N6 |
| Province/State: | Hamilton |
| Directions/Cross Streets: | Barton St W |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Category: | Free Standing |
| Building Percentage: | T |
| Total Area: | 80939.00 |
| Total Area Code: | Square Feet |
| Office/Appartment Area Code: | Sq Ft |
| Sprinklers: | No |
| Washrooms: | 0 |
| Rail: | Y |
| Clear Height Feet: | 50 |
| Truck Level Shipping Doors #: | 0 |
| Double Man Shipping Doors #: | 0 |
| Drive-In Level Shipping Doors #: | 3 |
| Grade Level Shipping Doors #: | 2 |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Partial |
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At a Glance:
| Type: | Com - Industrial |
| Area: | Hamilton |
| Municipality: | Hamilton |
| Neighbourhood: | Strathcona |
| Tax: | $198,465.95 |
| Fireplace: | N |
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