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302 Picton Main Street Prince Edward County, Ontario K0K 2T0

7 Bathroom 6155 sqft
Fully Air Conditioned Forced Air, Other

$2,150,000

One of Prince Edward County's most iconic commercial addresses is now available for your review. Ideally positioned at the gateway to the historic Main Street shopping district, 302 Main Street enjoys outstanding exposure to both consistent local traffic and the vibrant tourism that defines the County. Surrounded by boutique shops, popular restaurants, and charming cafs, this is a premier, high-visibility location in the heart of Picton.This well-maintained mixed-use building features three commercial storefront units at street level, offering excellent frontage and long-term tenant appeal. Above, the property includes four fully renovated residential apartments, comprised of one spacious two-bedroom suite and three well-designed one-bedroom units.The residential units have been extensively updated with modern, on-trend finishes and are equipped with newer heat pumps, providing efficient heating and cooling, enhanced tenant comfort, and reduced operating costs. These upgrades contribute to strong tenant retention and premium rental appeal.With six of the seven units currently leased to long-term tenants and a strong cap rate, this property offers immediate, stable income with the benefit of continued upside potential.An exceptional opportunity to acquire a landmark building with a balanced mix of commercial and residential revenue streams in one of Ontario's most sought-after destinations. (id:61445)

Property Details

MLS® Number X12984522
Property Type Business
Community Name Picton Ward

Building

BathroomTotal 7
CoolingType Fully Air Conditioned
HeatingFuel Natural Gas
HeatingType Forced Air, Other
SizeInterior 6155 Sqft
UtilityWater Municipal Water

Land

Acreage No
SizeDepth 125 Ft
SizeFrontage 60 Ft
SizeIrregular 60.06 X 125 Ft
SizeTotalText 60.06 X 125 Ft
ZoningDescription Uc

https://www.realtor.ca/real-estate/29588940/302-picton-main-street-prince-edward-county-picton-ward-picton-ward

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Paul James Pryce
Salesperson


Keller Williams Energy Real Estate, Brokerage
12020 Loyalist Parkway
Picton, Ontario K0K 2T0

Aleks Ninkovic
Salesperson


Keller Williams Energy Real Estate, Brokerage
12020 Loyalist Parkway
Picton, Ontario K0K 2T0

Dale Chapman
Salesperson


Keller Williams Energy Real Estate, Brokerage
12020 Loyalist Parkway
Picton, Ontario K0K 2T0

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