CB Metropolitan Commercial Ltd., Brokerage
  • Properties
    • Investment
    • Office Leasing
    • Industrial Leasing
    • Retail Leasing
  • Our Team
  • Careers
  • Contact
  • Menu Menu

45-75 Frid Street & 180 Chatham Street

Industrial Investment Portfolio
1
2
Type Investment
Site Area 8.94 Acres
Sale Price $33,500,000.00
NOI $1,890,940
CAP Rate 5.6%

Notes

CB Metropolitan Commercial Ltd., is pleased to offer for sale a professionally managed flex industrial investment portfolio with present and future development potential, situated adjacent to the vaunted McMaster Innovation Park (MIP) near McMaster University. MIP is planning to develop a 2.8 million square foot Life Sciences ‘Mega Hub’.

The properties are situated at the junction of highway 403 and highway 8 (Main St W), in the Kirkendall North neighbourhood of Hamilton and are located minutes from McMaster University, downtown Hamilton and adjacent to a large historic residential district. The surrounding area has recently experienced significant revitalization, driven by the growth and influence of MIP.

The Property is designated within the City of Hamilton Official Plan as Industrial – Research and Development (M1) Zone which allow uses such as Office, Conference or Convention Centre, Hotel, Production Studio, Restaurant, Retail and Restaurant. This flex industrial portfolio offers a going-in CAP Rate of 5.4% with an opportunity for phased future redevelopment, making it a compelling investment opportunity. There is an immediate opportunity to develop a “approved” 100,097 SF self storage facility on excess severed land.

The Vendor will also consider selling the portfolio as separate parcels. Please contact the listing agents to discuss.

Download Info
  • Ming Zee
  • President, Broker of Record
  • 416.703.6621 x222
  • David De Courcy
  • Partner, Broker
  • 416.703.6621 x226
  • Nick Nankissoor
  • Sales Representative, Executive Assistant to Ming Zee
  • 416-703-6621 x241

Inquire

Similar Properties

180 Chatham Street, Hamilton
Industrial Investment

180 Chatham Street, Hamilton

Listings

Investment Properties
Office Leasing
Industrial Leasing
Commercial/Retail

Get in touch

416.703.6621

Location

© CB Metropolitan Commercial Ltd., Brokerage
  • Link to LinkedIn
  • Link to Instagram
Privacy  |  Terms
Link to: 76 Miller Street Link to: 76 Miller Street 76 Miller Street Link to: 21 Camden Street, Unit #301 Link to: 21 Camden Street, Unit #301 21 Camden Street, Unit #301
Scroll to top