243 Queen Street N

About this home

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.

Details

Type

Industrial

Lot

467.9 × ? ft

Garage

Covered

Property tax

$198,466 (2026)

Neighbourhood

Strathcona

Municipality

Hamilton

Heating, cooling and services

Heating

Gas Forced Air Open

Air conditioning

Partial

Utilities

Yes

Building and exterior

Building area

80,939 Square Feet

More

Possession

Flexible

Cross street

Barton St W