302 PICTON MAIN STREET
Prince Edward County (Picton Ward), Ontario
MLS® X12984522
$2,150,000
- Status
- Active
- Property type
- Business
- MLS® number
- X12984522
- Bedrooms
- —
- Bathrooms
- 7
- Year built
- —
1 / 51Listing 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.
Property summary
- MLS® number
- X12984522
- Property type
- Business
- Square footage
- 6,155 sq ft
- Land size
- 60.06 x 125 FT
- Annual property taxes
- $6,840.00
- Days on market
- 145 days
Features & details
- Heating
- Forced air, Natural gas, Other
- Cooling
- Fully air conditioned
What would this home cost you?
Based on the $2,150,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Keller Williams Energy Real Estate, Picton.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.