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 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. (id:13843)
| MLS # | 40873516 |
|---|---|
| Listing Type | For Sale |
| Style | Other |
| Status | Active |
| Days On Site | 18 |
| Listing Provided By | Real Broker Ontario Ltd. | Ilan Friedner |
| SQ Feet | 80,939 |
|---|---|
| Story(s) | 1 |
| Zoning | D2, P5 |
| Fireplace Yes / No | No |
|---|
| Sewer | Municipal sewage system |
|---|---|
| Water Source | Municipal water |
| Tax Annual Amount | 198465.95 |
|---|
| Province | ON |
|---|---|
| City | Hamilton |
| Postal Code | L8R3N6 |
| Community Name | 101 Strathcona Central North |
| Listing VS Median (in 101 Strathcona Central North) | |
Price: $12,250,000 low | high Med: $344,900 sqft: 80,939 low | high Med: 778 $ / sqft: $151 low | high Med: $444 On site: 18 low | high Med: 29 | |
| Province | ON |
|---|---|
| City | Hamilton |
| Postal Code | L8R3N6 |
| Community Name | 101 Strathcona Central North |
| Listing VS Median (in 101 Strathcona Central North) | |
Price: $12,250,000 low | high Med: $344,900 sqft: 80,939 low | high Med: 778 $ / sqft: $151 low | high Med: $444 On site: 18 low | high Med: 29 | |