243 Queen ST N, Hamilton, ON L8R 3N6
243 Queen ST N, Hamilton, ON L8R 3N6
243 Queen ST N, Hamilton, ON L8R 3N6
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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$ 12,250,000
Est. payment | /mo
Save

80,939 SqFt

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

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

Lited by REAL BROKER ONTARIO LTD.

Nearby Locations

Lorrie Lam

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(416) 720-0665

lorrie@elitesold.com

50 Leek Cres, Richmond Hill, ON L4B 4J3, CAN

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243 Queen ST N