
Courtesy of: Elton demirxhiu, Salesperson, REAL BROKER ONTARIO LTD.
$12,250,000
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80,939 square feet
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|
Industrial
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$12,250,000
243 QUEEN STREET N 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:203)