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New · Listed Oct 26, 2026 · 2 days on market

243 Queen Street N, Hamilton, ON L8R 3N6

$12,250,000

Commercial · Industrial · 80939 sq ft · For Sale

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 four cranes: one 45-ton, two 30-ton and one 5-ton. 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.

Property summary

TypeCommercial
SubtypeIndustrial
Building area80939 Square Feet
Taxes$198,466 / yr
GarageCovered
PossessionFlexible
OccupantTenant
Property
Lot size7.44
Lot width467.9
Building & Loading
Clear height (ft)54
Power & Services
Heating typeGas Forced Air Open
UtilitiesYes
Residential
GarageCovered
Zoning & Taxes
Taxes / yr$198,466
Tax year2026
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Data provided by TRREB. Listed by REAL BROKER ONTARIO LTD..

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CC Susan — Central Commercial
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