Hamilton · For sale

243 Queen Street

Property overview

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.

Size
80,939 sq ft
Property use
Free Standing
Transaction
For sale
Clear height
50′
Shipping doors
3 drive-in · 2 grade-level
Industrial area
80,939 sq ft
Freestanding
Yes
Rail
Yes
Cross street
Barton St W
Possession
Flexible
Municipality
Hamilton
Neighbourhood
Strathcona
Postal code
L8R 3N6
MLS®
X13742392

Listing information and trademarks

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Listing data provided under copyright by the Toronto Regional Real Estate Board and other participating boards via PropTx Amplify Syndication. Information is deemed reliable but not guaranteed accurate.

Listed by REAL BROKER ONTARIO LTD.. Joe Rosati is a Sales Representative with Lennard Commercial Realty, Brokerage.