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325 Picton Main Street E Prince Edward County, Ontario K0K 2T0

603 sqft
Fully Air Conditioned Baseboard Heaters

$575,000

Rare chance to purchase a profitable, debt-free, freehold commercial building with a long-established turnkey business in the absolute heart of downtown Picton for under $600K. Iconic family-owned submarine sandwich shop (30+ years) throwing off proven owner benefit of $200,000 annually (financials available). Completely freehold - no landlord, no lease, no triple-net headaches. 600 sq ft street-level retail + separate 2-bedroom apartment upstairs (vacant, ready for owner occupancy or additional income). Ultra-low annual taxes of only $1,250 (2025). All equipment, fixtures, recipes, and goodwill included - walk in tomorrow and start earning. Priced aggressively by retiring owners. Ideal for a hands-on operator or family who wants to live upstairs and run the business downstairs at a fraction of market value. Picton is a vibrant destination renowned for its wineries, bustling tourism, and strong community spirit. This property is perfectly positioned to thrive in this growing region. (id:61445)

Property Details

MLS® Number X12590170
Property Type Retail
Community Name Picton Ward
AmenitiesNearBy Highway
Features Irregular Lot Size

Building

Age 51 To 99 Years
CoolingType Fully Air Conditioned
HeatingType Baseboard Heaters
SizeExterior 602.78 Sqft
SizeInterior 603 Sqft
Type Residential Commercial Mix
UtilityWater Municipal Water

Land

Acreage No
LandAmenities Highway
SizeDepth 40 Ft ,11 In
SizeFrontage 23 Ft ,9 In
SizeIrregular Bldg=23.8 X 40.99 Ft ; Irregular
SizeTotalText Bldg=23.8 X 40.99 Ft ; Irregular
ZoningDescription Commercial Core

https://www.realtor.ca/real-estate/29150850/325-picton-main-street-e-prince-edward-county-picton-ward-picton-ward

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Paul Gentile
Broker


Century 21 Lanthorn Real Estate Ltd.

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