New · Listed Oct 26, 2026 · 2 days on market
243 Queen Street N, Hamilton, ON L8R 3N6
$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 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 size | 7.44 |
| Lot width | 467.9 |
Building & Loading
| Clear height (ft) | 54 |
Power & Services
| Heating type | Gas Forced Air Open |
| Utilities | Yes |
Residential
| Garage | Covered |
Zoning & Taxes
| Taxes / yr | $198,466 |
| Tax year | 2026 |
Interested in this property?
Book a viewing or ask us anything — a Central Commercial Realty agent will respond within one business day.
Book a viewing or ask us anything — a Central Commercial Realty agent will respond within one business day.
Data provided by TRREB. Listed by REAL BROKER ONTARIO LTD..