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

Est payment $14,375/mo
Views   1
Time on Jump  95 day
  • 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.



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
Subtype InvestmentHeating / Cooling Gas Forced Air Closed
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Listing Agency:  CENTURY 21 LANTHORN REAL ESTATE LTD.
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279-281 Picton Main Street
Prince Edward County , Ontario
$2,900,000
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