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$2,150,000
Available - For Sale
Listing ID: X12984522
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.
Price $2,150,000
Taxes: $6,840
Tax Type: Annual
Assessment Year: 2025
Occupancy by: Tenant
Address: 302 Picton Main Street , Prince Edward County, K0K 2T0, Prince Edward Co
Postal Code: K0K 2T0
Province/State: Prince Edward Co
Directions/Cross Streets: Picton Main/ Bridge Street
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
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Washroom 24:  0
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Washroom 27:  0
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Washroom 29:  0
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Washroom 33:  0
Washroom 34:  0
Washroom 35:  0
Washroom 36:  0
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Washroom 39:  0
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Washroom 41:  0
Washroom 42:  0
Washroom 43:  0
Washroom 44:  0
Washroom 45:  0
Category: Retail
Building Percentage: T
Total Area: 6,155
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Financial Statement: T
Chattels: F
Franchise: F
Maintenance: 0
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
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Keller Williams Energy Real Estate

302 Picton Main Street , Prince Edward County, K0K 2T0, Prince Edward Co

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Paulette Zander
Sales Representatives
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416-456-7481
Bus:
416-203-6636
Fax:
416-203-1908

 
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Type: Com - Investment
Area: Prince Edward County
Municipality: Prince Edward County
Neighbourhood: Picton Ward
Style:
Lot Size: x 125.00(Feet)
Approximate Age:
Tax: $6,840
Maintenance Fee: $0
Beds: 0
Baths: 7
Garage: 0
Fireplace: N
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Personal Pic Paulette Zander Sales Representatives pic pzander@rogers.com Remax Condos Plus Corp., Brokerage Independently owned and operated. pic 45 Harbour Square, Toronto, Ontario M5J 2G4 pic Cell: 416-456-7481 | Office: 416-203-6636 | Fax: 416-203-1908