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MLS® X12405042
Prince Edward County, ON
Investment property for sale in an excellent location in the heart of downtown Picton. Two retail storefronts, with an additional leased building behind. Main floor commercial Tenants are well established, a restaurant, a hair salon, and a pottery studio + gallery. Above are five residential apartments which were fully renovated in 2021 including new heat pumps for all units. Potential to increase income by leasing additional owner occupied spaces: 1) Rear building lower level approximately 1000 sf and 2) garage building at the back of the property. The property is two pieces divided by municipal parking road access behind the building. Net Operating Income for the property supports the asking price for this investment.
Broker
CENTURY 21 LANTHORN REAL ESTATE LTD.
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Investment
279-281 Picton Main Street Prince Edward County
Prince Edward County
Type
Investment
Parking
Single Detached
Property Tax
~$8,706/yr
Heating
Gas Forced Air Closed
Buying Essentials
Square Feet
9900 sqft
Parking
Single Detached
Finances
List Price
$2,900,000
Price per SQFT
$293/sqft
Property Tax
~$8,706/yr
Property Specs
Property Type
Investment
MLS Size
9900 sqft
Living & Amenities
Heating Type
Gas Forced Air Closed
Policies & Utilities
Neighbourhood
Prince Edward County
Listed On
Sep 15, 2025
Days on Market
Current: 419 days
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