Heavy overnight rain delayed the start and another shower left the umpires with no option but to abandon the game.
Assessments took place at 10.30am, 11.30am and 12.30pm after the original 10.15am start-time was postponed due to a wet area of the outfield.
With rain falling, the game was abandoned without a ball being bowled.
"If it was a club game we would have been on the pitch in the sunshine early on", former Ireland opening batsman Jeremy Bray told RTÉ Sport.
The visiting side, nine of whom recently arrived from the Caribbean to join the Test players, decided against a full training session as Storm Aileen made herself known around the Belfast venue on Tuesday afternoon.
Ireland will be in action again on 29 November on day one of their final Intercontinental Cup match against Scotland in the UAE.
The one-off match was set to be Ireland's first against a Test-playing nation since they were granted full member status by the International Cricket Council in June. After a hard-fought Test series against England, its morale will also be high as Chris Gayle & Co., the well-known superstars of the game, will return to boost the side.
Failure to do so would condemn the West Indies to next year's World Cup qualifying tournament in Zimbabwe, alongside Ireland and Afghanistan, ...