$12,250,000
Commercial
243 Queen Street N
Hamilton, Strathcona L8R 3N6
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Beds · 0
Baths · 0
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 buildin...g features clear heights reaching approximately 54', eight drive-in doors, and four cranes: one 45-ton, two 30-ton and one 5-ton. 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
Type
Commercial
Style
-
Approximate Age
-
Square Footage
-
Taxes
$198,465.95 /yr
Maintenance Fee
-
Courtesy of:
REAL BROKER ONTARIO LTD.