302 Picton Main Street,Prince Edward County (Picton War, ON K0K2T0
Prince Edward County (Picton War, ON K0K2T0
Description
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 cafs, 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. (id:13843)
Details
| MLS # | X12984522 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 205 |
| Listing Provided By | Keller Williams Energy Real Estate | Paul Pryce |
Features
| Bath(s) | 7 Total |
|---|---|
| SQ Feet | 6,155 |
| Zoning | UC |
Interior
| Cooling | Fully air conditioned |
|---|---|
| Heating | Forced air, Natural gas, Other |
| Fireplace Yes / No | No |
Utilities
| Water Source | Municipal water |
|---|
Taxes
| Tax Annual Amount | 6840 |
|---|---|
| Tax Year | 2025 |
Area Information
| Province | ON |
|---|---|
| City | Prince Edward County (Picton War |
| Postal Code | K0K2T0 |
| Listing VS Median (in K0K2T0) | |
Price: $2,150,000 low | high Med: $660,500 sqft: 6,155 low | high Med: 1,450 $ / sqft: $349 low | high Med: $532 On site: 205 low | high Med: 117.5 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Prince Edward County (Picton War |
| Postal Code | K0K2T0 |
| Listing VS Median (in K0K2T0) | |
Price: $2,150,000 low | high Med: $660,500 sqft: 6,155 low | high Med: 1,450 $ / sqft: $349 low | high Med: $532 On site: 205 low | high Med: 117.5 | |
