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For Sale - 302 Picton Main Street, Prince Edward County, Ontario

302 Picton Main Street

Prince Edward County , Ontario

7 $2,150,000

Est payment $10,324/mo

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Time on Jump 215 day

AI Summary *

Iconic commercial address at the gateway to Main Street shopping.
High visibility location with great exposure to traffic and tourism.
Three commercial storefront units with strong tenant appeal.
Four fully renovated residential apartments with modern finishes.
Stable income with potential for growth through long-term leases.

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Purchase Price

Term

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Down Payment:
$ 107,500 ( 5% )

First Time Buyer:
Yes No

New Build:
Yes No

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 cafés, 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.

Listing IDX12984522

Address302 Picton Main Street

CityPrince Edward County, Ontario

Price$2,150,000

Bath7 Full

StyleInvestment

TypeIndustrial/Commercial

StatusFor Sale

Extras

Subtype InvestmentBasement 1Heating / Cooling Gas Forced Air Closed

Market Info

Listing Brokerage: Keller Williams Energy Real Estate

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Listing Brokerage: Keller Williams Energy Real Estate

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For Sale - 302 Picton Main Street, Prince Edward County, Ontario

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