view of commercial location Features: window mounted ac

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property entrance featuring brick siding Features: awning

view of building exterior Features: awning

community lobby featuring brick wall Features: vent

aerial view of a large body of water Features: forest view, water view

aerial perspective of suburban area Features: residential view

drone / aerial view Features: residential view

view of patio with ceiling fan Features: vent, ceiling fan, porch

view of front of home featuring an outdoor structure Features: detached garage, outdoor structure

traditional-style house featuring brick siding Features: central ac, split ac unit

detailed view of a water meter Features: water meter

half bath with vanity and dark wood-style floors Features: sink, hardwood floor, vanity, toilet, mirror

living area featuring beamed ceiling, wood finished floors, and a baseboard heating unit Features: hardwood floor, beamed ceiling, natural light, baseboard radiator

bedroom featuring track lighting and dark wood-style flooring Features: track lighting, vaulted ceiling, hardwood floor, natural light, beamed ceiling

view of community lobby Features: smoke carbon monoxide detector

office space with a wall mounted air conditioner Features: natural light, wall mounted ac

view of living area Features: vaulted ceiling, beamed ceiling, natural light

entrance foyer featuring dark wood-style floors and a baseboard radiator Features: hardwood floor, fire extinguisher, baseboard radiator, smoke carbon monoxide detector

stairway with baseboards and wood finished floors Features: hardwood floor, natural light

hallway featuring dark wood finished floors, brick wall, and an upstairs landing Features: hardwood floor, fire alarm, baseboard radiator, brick wall, smoke carbon monoxide detector, fire extinguisher

full bath with vanity, shower / bath combination with curtain, and dark wood finished floors Features: combined bath shower, hardwood floor, mirror, toilet, vanity, sink

hall featuring dark wood finished floors, baseboard heating, and brick wall Features: sink, brick wall, natural light, range oven, microwave, baseboard radiator, hardwood floor

kitchen with white appliances, white cabinetry, dark wood finished floors, dark countertops, and baseboard heating Features: countertops, refrigerator, baseboard radiator, shaker cabinets, microwave, one wall kitchen, natural light, sink, range oven, white cabinets, hardwood floor

kitchen with white cabinets, white appliances, dark wood-type flooring, brick wall, and a kitchen breakfast bar Features: range oven, microwave, kitchen island, kitchen bar, white cabinets, sink, l shaped kitchen, refrigerator, shaker cabinets, brick wall, beamed ceiling, butcher block countertops, hardwood floor

sitting room featuring wood finished floors and brick wall Features: brick wall, hardwood floor, tv

living area featuring wood finished floors and a skylight Features: baseboard radiator, hardwood floor, skylight, wall mounted ac

full bathroom with vanity and shower / bath combination with curtain Features: combined bath shower, sink, vanity, mirror, toilet

bedroom with dark wood-style flooring Features: hardwood floor, tv, natural light

hallway with brick wall, wood finished floors, and a baseboard heating unit Features: brick wall, hardwood floor, baseboard radiator

laundry area with stacked washer / drying machine Features: stacked washer dryer, laundry

bedroom with ceiling fan, wood finished floors, and brick wall Features: brick wall, ceiling fan, hardwood floor

bedroom featuring dark wood finished floors and a closet Features: closet, stone wall, hardwood floor, brick wall

full bath featuring curtained shower, wood finished floors, and vanity Features: sink, shower, vanity, mirror, toilet, hardwood floor

living room with wood finished floors and crown molding Features: hardwood floor, crown molding, natural light, tv

living room with wood finished floors and a baseboard heating unit Features: tv, hardwood floor, natural light, baseboard radiator

view of home office Features: natural light, tv, stone wall, smoke carbon monoxide detector

full bathroom featuring a baseboard radiator, vanity, a shower, and dark wood-type flooring Features: mirror, hardwood floor, natural light, shower, sink, baseboard radiator, toilet, vanity

utilities with electric meter and electric panel Features: electric panel, electric meter

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For Sale - 279-281 Picton Main Street, Prince Edward County, Ontario

279-281 Picton Main Street

Prince Edward County , Ontario

$2,900,000

Est payment $14,375/mo

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Time on Jump 144 day

AI Summary *

Great downtown location ideal for investment opportunities.
Two established retail storefronts with diverse tenants.
Five fully renovated residential apartments with new heat pumps.
Potential for increased income from additional lease spaces.
Property divided by municipal parking, enhancing accessibility.

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Down Payment:
$ 145,000 ( 5% )

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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.

Listing IDX12405042

Address279-281 Picton Main Street

CityPrince Edward County, Ontario

Price$2,900,000

StyleInvestment

TypeIndustrial/Commercial

StatusFor Sale

Extras

Subtype InvestmentHeating / Cooling Gas Forced Air Closed

Market Info

Listing Agency:
CENTURY 21 LANTHORN REAL ESTATE LTD.

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Listing Agency:
CENTURY 21 LANTHORN REAL ESTATE LTD.

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For Sale - 279-281 Picton Main Street, Prince Edward County, Ontario

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