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243 Queen Street N Hamilton, ON - Image 1243 Queen Street N Hamilton, ON - Image 2243 Queen Street N Hamilton, ON - Image 3243 Queen Street N Hamilton, ON - Image 4243 Queen Street N Hamilton, ON - Image 5243 Queen Street N Hamilton, ON - Image 6243 Queen Street N Hamilton, ON - Image 7243 Queen Street N Hamilton, ON - Image 8243 Queen Street N Hamilton, ON - Image 9243 Queen Street N Hamilton, ON - Image 10243 Queen Street N Hamilton, ON - Image 11243 Queen Street N Hamilton, ON - Image 12243 Queen Street N Hamilton, ON - Image 13243 Queen Street N Hamilton, ON - Image 14243 Queen Street N Hamilton, ON - Image 15243 Queen Street N Hamilton, ON - Image 16243 Queen Street N Hamilton, ON - Image 17243 Queen Street N Hamilton, ON - Image 18243 Queen Street N Hamilton, ON - Image 19243 Queen Street N Hamilton, ON - Image 20243 Queen Street N Hamilton, ON - Image 21243 Queen Street N Hamilton, ON - Image 22

$12,250,000

0 Beds 0 Baths 80,939 SQFT 0.00 Acres
Type: Commercial

243 Queen Street N
Hamilton, ON L8R 3N6

MLS#: 40857056
Kayley Thorpe
Kayley Thorpe
Condo Digs
Sales Representative
Office: 416.840.6300
Presented by: Real Broker Ontario Ltd.

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.


 

Interior Features

Other Interior Features

Above Grade Finished Area Unit Type0 sqft
Air Conditioning Y/NNo
BasementNone
Below Grade Finished Area Unit Type0 sqft
Fireplace Y/NNo
Total Stories1

General

Building Area Units0 sqft
CityHamilton
CountyHamilton
DirectionsBarton St W & Queen St N
Garage Y/NNo
MLS Area10 - Hamilton West
MLS Area Minor101 - Strathcona Central North
New ConstructionNo
Property SubtypeBuilding and Land
Property TypeCommercial Sale
Senior Community Y/NNo
SewerSewer (Municipal)
Standard StatusActive
StatusActive
Structure TypeIndustrial
ZoningD2, P5

Exterior

Building Area Total80,939 sqft
Crops Included Y/NNo
Frontage Length467 sqft
Lot Dimensions467.9 x
Lot FeaturesCity Lot, Highway Access, Public Transit
Water SourceMunicipal
Waterfront Y/NNo

Additional Details

Schools 

High School Hubert H Humphrey Middle School
Elementary School Big Hollow Elementary School

  

Similar Properties

$12,250,000

0 Beds 0 Baths 80,939 SQFT 0.00 Acres
Type: Commercial

243 Queen Street N
Hamilton, ON L8R 3N6

MLS#: 40857056
Kayley Thorpe
Kayley Thorpe
Condo Digs
Sales Representative
Office: 416.840.6300
RE/MAX Condos Plus Corp. Brokerage
45 Harbour Sq. Toronto, ON M5J 2G4

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