243 Queen St N - Manufacturing FOR SALE


Hamilton, ON L8R 3N6
$13,950,000 CAD
416-359-2385
243 Queen St N, Hamilton, ON for Sale
$13,950,000 CAD
Manufacturing - FOR SALE
1/1
null | Request Cap Rate

243 Queen St N
Hamilton, ON L8R 3N6


HIGHLIGHTS

  • Retail amenities nearby
  • Access to public transit and highway
  • High exposure location
  • Heavy commercialized area

OVERVIEW

243 Queen St N offers purchasers the opportunity to acquire a unique commercial/film studio asset vacant on closing, or with a sale-leaseback structure with current occupier Aeon Studios. the Property is located near the West Harbour GO station and in close proximity to central Hamilton. The property offers a total of 90,722 sf of space including a unique "Mega Stage" of over 25k sf and clear span of over 50 feet. This space represents one of few similar facilities in the GTHA. The property also includes more than 40k sf of additional production space including 10k sf of column-free space with 24' ceilings. Also on site is 6,500 sf of finished office space, several outbuildings including a paint shop with two booths as well as approximately 4 acres of outdoor space (cleared and treed) which is suitable for backlot use. The Property is well designed to accommodate full scale productions. Variety of other permitted uses. Approx 1.93 acres of excess land suitable for future development including the possibility of residential. Current zoning (D2, E442, H44/P5/D5) permits a wide range of uses including Commercial Recreation, Conference or Convention Centre, Educational Establishment, Laboratory, Medical Clinic, Microbrewery, Office, Place of Worship, Restaurant, Retail & Veterinary Service, among others.

FOR SALE DETAILS

PRICE

$13,950,000 CAD

PRICE/SF

$164 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

7.46

LAND SF

325,145

ZONING

D2

APN/PARCEL ID

251801010558000

ASK ABOUT THIS PROPERTY

Joel GouldingCushman & WakefieldMore Info
416-359-2385

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Joel GouldingCushman & WakefieldMore Info
416-359-2385

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.