80,939 ft2
Acreage
$12,250,000
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:50976)
Property Details
|
MLS® Number
|
40857056 |
|
Property Type
|
Industrial |
|
Amenities Near By
|
Public Transit |
Building
|
Basement Type
|
None |
|
Stories Total
|
1 |
|
Size Exterior
|
80939.0000 |
|
Size Interior
|
80,939 Ft2 |
|
Type
|
Other |
|
Utility Water
|
Municipal Water |
Land
|
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
