243 Queen ST N, Hamilton, ON L8R 3N6
243 Queen ST N, Hamilton, ON L8R 3N6
243 Queen ST N, Hamilton, ON L8R 3N6
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$12,250,000
Est. payment /mo
80,939 SqFt
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Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 80,939 sqft

Price per Sqft $151

Subdivision Strathcona

MLS Listing ID X13742392

Annual Tax Amount $198,465

Tax Year 2026

Lot Size 7.440 Acres

Property Sub-Type Industrial

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.

Location

Province ON

County Hamilton

Area Hamilton

Zoning D2, P5

Interior

Cooling Partial

Exterior

Parking Features Covered

Utilities Available Yes

Building

Lot Description Lot


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243 Queen ST N