Address
243 Queen Street N, Hamilton, ON
Price
$ 12,250,000
Property Attributes
  • ID#X13742392
  • TypeCommercial
  • Listing Status Active
  • MunicipalityHamilton
  • CityHamilton
  • NeighbourhoodStrathcona
  • Postal CodeL8R 3N6
  • StyleIndustrial
  • Price$ 12,250,000
  • Bedrooms{}
  • Bathrooms0
  • Half Bathrooms0
  • Sqr Footage80939
Data Source:
RLP - CREA EN
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.

General Features

Zoning D2, P5
Terms SALE
Neighbourhood Strathcona
Property Sub Type INDUSTRIAL
jumpId 29117908
Property Subtype French Industrial
Listing Type French Commercial
MLS X13742392
Features Rail
Property Type Industrial

Interior Features

Living Area Range 80939 sqft
Bedrooms {}
Cooling Type Partially air conditioned
Heating Fuel Natural gas
Heating Type Forced air

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in L8R 3N6

Price
AVG $12.25M
$12.25M