325 PICTON MAIN STREET E
Prince Edward County (Picton Ward), Ontario
MLS® X12590170
$575,000
- Status
- Active
- Property type
- Retail
- MLS® number
- X12590170
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 21Listing description
Rare chance to purchase a profitable, debt-free, freehold commercial building with a long-established turnkey business in the absolute heart of downtown Picton for under $600K. Iconic family-owned submarine sandwich shop (30+ years) throwing off proven owner benefit of $200,000 annually (financials available). Completely freehold - no landlord, no lease, no triple-net headaches.
600 sq ft street-level retail + separate 2-bedroom apartment upstairs (vacant, ready for owner occupancy or additional income). Ultra-low annual taxes of only $1,250 (2025). All equipment, fixtures, recipes, and goodwill included - walk in tomorrow and start earning.
Priced aggressively by retiring owners. Ideal for a hands-on operator or family who wants to live upstairs and run the business downstairs at a fraction of market value. Picton is a vibrant destination renowned for its wineries, bustling tourism, and strong community spirit.
This property is perfectly positioned to thrive in this growing region.
Property summary
- MLS® number
- X12590170
- Property type
- Retail
- Building type
- Residential Commercial Mix
- Square footage
- 603 sq ft
- Land size
- Bldg=23.8 x 40.99 FT ; Irregular
- Annual property taxes
- $1,250.22
- Days on market
- 279 days
Features & details
- Heating
- Baseboard heaters
- Cooling
- Fully air conditioned
- Lot features
- Irregular lot size
What would this home cost you?
Based on the $575,000 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 Century 21 Lanthorn Real Estate Ltd., 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.