For Sale - 67 King Street, Prince Edward County, Ontario

Est payment $11,040/mo
Views   1
Time on Jump  198 day
  • Turnkey three-unit commercial building with a strong rental history since 1993.
  • Long-term leases with automatic renewals ensuring stable income.
  • Ample parking with 55 paved spaces plus additional nearby options.
  • Recently renovated units and upgraded systems for modern functionality.
  • Prime location just one block from the center of Main Street.



Offered at a 6% cap rate. Turnkey three-unit commercial investment in downtown picton rented to government and institutional tenants that have been in place since 1993. Long-term leases in place with automatic renewals at market rent. 12,392 sq. Ft. Building on 0. 835 acres with 55 on-site paved parking spaces and additional municipal lots and free parking steps away, and green space at the back of the property. Site zoned cg-6 with full municipal services. The building, originally built in 1970 and totally renovated in 1993, features concrete block construction, acrylic stucco exterior, and a tpo flat roof replaced in 2020. Separately metered units with 3-phase 400-amp service, 5 rooftop hvac units, a fire alarm system, and an elevator (tenant-maintained). Unit 1: 6,596 sq. Ft. Completely renovated in 2024 on two floors, unit 2: 4,967 sq. Ft., unit 3: 829 sq. Ft. The rent is calculated on 11,688 sq. Ft. Of net inside floor space. No easements or rights-of-way. The building is located 1 block from the center of main street, picton.
Listing IDX12293108
Address67 King Street
CityPrince Edward County, Ontario
Price$2,299,000
StyleOffice
Land Size36373
TypeIndustrial/Commercial
StatusFor Sale
Subtype OfficeHeating / Cooling Gas Forced Air Open
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Listing Agency:  GORDON`S DOWNSIZING & ESTATE SERVICES LTD.

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67 King Street
Prince Edward County , Ontario
$2,299,000
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