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42 Niagara St 19,620 SF Industrial Building Hamilton, ON L8L 6A2 $3,436,097 USD ($175.13 USD/SF) 5.40% Cap Rate

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INVESTMENT HIGHLIGHTS

  • 12 ft ceiling height
  • 20% office space
  • dock and drive-in loading options

EXECUTIVE SUMMARY

This freestanding 19,620 sq ft industrial building in North Hamilton offers a rare investment opportunity with high functionality and excellent condition. Featuring one bay door, 12 ft ceiling height, both dock and drive-in loading options, and 20% office space, it meets a variety of industrial and business needs. Located in a prime area with easy highway access and surrounded by three main streets, the property provides ample outdoor storage and parking. With its strong logistical advantages and strategic location in Hamilton's industrial core, this building is ideal for both investors and businesses seeking a quality industrial asset.

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL (USD) ANNUAL PER SF (USD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Net Operating Income - -

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Gross Rental Income (USD)
Annual $99,999
Annual Per SF $9.99
Other Income (USD)
Annual -
Annual Per SF -
Vacancy Loss (USD)
Annual -
Annual Per SF -
Effective Gross Income (USD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (USD)
Annual -
Annual Per SF -

PROPERTY FACTS

Price $3,436,097 USD
Price Per SF $175.13 USD
Sale Type Investment or Owner User
Cap Rate 5.40%
Property Type Industrial
Property Subtype Manufacturing
Building Class B
Lot Size 0.75 AC
Rentable Building Area 19,620 SF
No. Stories 1
Year Built 1956
Tenancy Single
Parking Ratio 1.02/1,000 SF
Clear Ceiling Height 12’
No. Dock-High Doors/Loading 1
No. Drive In / Grade-Level Doors 1
Zoning M6 - Employment Industrial

AMENITIES

  • Security System
  • Signage
  • Storage Space
  • Air Conditioning
  • Smoke Detector

UTILITIES

  • Lighting - Fluorescent
  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Gas

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor
  • 19,620 SF
  • Industrial
  • -
  • 30 Days

This freestanding 19,620 sq ft industrial building in North Hamilton offers a rare investment opportunity with high functionality and excellent condition. Featuring one bay door, 12 ft ceiling height, both dock and drive-in loading options, and 20% office space, it meets a variety of industrial and business needs. Located in a prime area with easy highway access and surrounded by three main streets, the property provides ample outdoor storage and parking. With its strong logistical advantages and strategic location in Hamilton's industrial core, this building is ideal for both investors and businesses seeking a quality industrial asset.

Space Size Space Use Condition Available
1st Floor 19,620 SF Industrial - 30 Days

1st Floor

Size
19,620 SF
Space Use
Industrial
Condition
-
Available
30 Days

1st Floor

Size 19,620 SF
Space Use Industrial
Condition -
Available 30 Days

This freestanding 19,620 sq ft industrial building in North Hamilton offers a rare investment opportunity with high functionality and excellent condition. Featuring one bay door, 12 ft ceiling height, both dock and drive-in loading options, and 20% office space, it meets a variety of industrial and business needs. Located in a prime area with easy highway access and surrounded by three main streets, the property provides ample outdoor storage and parking. With its strong logistical advantages and strategic location in Hamilton's industrial core, this building is ideal for both investors and businesses seeking a quality industrial asset.

  • Listing ID: 34276389

  • Date on Market: 12/23/2024

  • Last Updated:

  • Address: 42 Niagara St, Hamilton, ON L8L 6A2

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