About 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.
Features of 243 Queen Street N
| MLS® # | 40857056 |
|---|---|
| Price | $12,250,000 |
| Type | Commercial Sale |
| Sub-Type | Building and Land |
| Status | Active |
Community Information
| Address | 243 Queen Street N |
|---|---|
| Area | 10 - Hamilton West |
| Subdivision | 101 - Strathcona Central North |
| City | Hamilton |
| County | Hamilton |
| Province | ON |
| Postal Code | L8R 3N6 |
Amenities
| Is Waterfront | No |
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Interior
| Fireplace | No |
|---|---|
| Has Basement | Yes |
| Basement | None |
Exterior
| Lot Description | City Lot, Highway Access, Public Transit |
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Additional Information
| Date Last Updated | September 4th, 2026 |
|---|---|
| Zoning | D2, P5 |
Listing Details
| Office | Real Broker Ontario Ltd. |
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