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    For Sale - 111 West Mary Street, Prince Edward County, Ontario

    Est payment $5,594/mo
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    Views   3
    Time on Jump  63 day

    AI Summary *

    • Well-maintained former care facility offers diverse use options.
    • Large double-storey building with approximately 11,642 square feet of space.
    • Flexible zoning allows for various institutional and community uses.
    • Strategically located in urban Picton, close to essential amenities.
    • Strong demographic trends indicate growing potential for investment.




    111 west mary street presents a rare opportunity to acquire a well-maintained former long-term care facility in the heart of picton, ontario. Situated on approximately 0. 734 acres, the property features a double-storey institutional building of approximately 11,642 square feet, formerly licensed for 45 beds. The efficient, barrier-free layout provides strong functionality for a range of care-oriented and institutional uses, complemented by surface parking and a highly accessible site configuration. Upon sale, the property presents a unique opportunity for repositioning to a range of alternative uses, creating strong appeal for investors, developers and owner-users alike. The property benefits from flexible institutional (i) zoning permissions, which accommodate a wide range of institutional, community, and public uses including hospitals, medical clinics, nursing homes, community centres, daycare centres, places of worship, public and private schools, libraries, and other assembly-based or service-oriented uses. The existing building infrastructure and floorplate also support potential conversion to retirement living, supportive housing, or other residential redevelopment pathways, subject to municipal approvals. Strategically located within the urban core of picton and within close proximity to everyday essentials and major food and beverage operators, 111 west mary street benefits from strong walkability and access to key amenities, retail services, and community infrastructure. Supported by favourable demographic trends, including a population base projected to reach over 8,700 within 5 kilometres by 2035 and steadily rising household incomes across the surrounding trade area, the property represents a compelling opportunity for users and developers seeking a value-add institutional asset with significant long-term upside.
    Listing IDX13457432
    Address111 West Mary Street
    CityPrince Edward County, Ontario
    Price$1,165,000
    StyleInvestment
    Land Size0.734
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype InvestmentHeating / Cooling Baseboard

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    Listing Agency:  COLLIERS

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    111 West Mary Street
    Prince Edward County , Ontario
    $1,165,000
    Get more info