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$ 12,250,000
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243 Queen ST N Hamilton, ON L8R 3N6
80,939 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 80,939 sqft
Price per Sqft $151
Subdivision Strathcona
MLS Listing ID X13742392
Annual Tax Amount $198,465
Tax Year 2026
Lot Size 7.440 Acres
Property Sub-Type Industrial
Property 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 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.
Location
Province ON
County Hamilton
Area Hamilton
Zoning D2, P5
Interior
Cooling Partial
Exterior
Parking Features Covered
Utilities Available Yes
Building
Lot Description Lot
Lited by REAL BROKER ONTARIO LTD.