243 Queen Street
Hamilton, L8R 3N6
FOR SALE
$12,250,000
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Industrial
CATEGORY 80,939 Sq Ft
INDUSTRIAL AREA X13742392
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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.
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Property Details
Address
243 Queen Street
Community
City
Postal Code
L8R 3N6
Property Type
Industrial, Industrial
Use
Free Standing
Zoning
D2, P5
Industrial Area
80,939 Sq Ft
Acreage
7.4 Feet
Taxes
$198,466 (2026
Heat Type
Gas Forced Air Open
Water
Municipal
Garage Type
Covered
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Listing contracted with Real Broker Ontario Ltd.
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