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
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