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:49269)
| MLS® Number | 40857056 |
| Property Type | Industrial |
| Amenities Near By | Public Transit |
| Basement Type | None |
| Stories Total | 1 |
| Size Exterior | 80939.0000 |
| Size Interior | 80,939 Sqft |
| Type | Other |
| Utility Water | Municipal Water |
| Access Type | Highway Access |
| Acreage | Yes |
| Land Amenities | Public Transit |
| Sewer | Municipal Sewage System |
| Size Frontage | 468 Ft |
| Size Total Text | 5 - 9.99 Acres |
| Zoning Description | D2, P5 |
https://www.realtor.ca/real-estate/30231716/243-queen-street-n-hamilton
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