243 QUEEN Street North, Hamilton, Ontario L8R3N6

Listing courtesy of Real Broker Ontario Ltd..

$12,250,000
80,939
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$12,250,000
MLS®
40857056
Days on Market
6
Status
ACTIVE
Type
Commercial
Subtype
Industrial
Living Area
80,939
Subdivision
101 - Strathcona Central North

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. (id:5764)

Additional Information

Ownership
Freehold
Subdivision
101 - Strathcona Central North
Country
Canada
Sewer
Municipal sewage system
Stories
1

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks