302 Picton Main Street, Prince Edward County, ON

$2,150,000

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7

Baths

About 302 Picton Main Street

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.

Features of 302 Picton Main Street

MLS® # X12984522
Price $2,150,000
Bathrooms 7.00
Type Commercial
Sub-Type Investment
Status Active

Community Information

Address 302 Picton Main Street
Area Prince Edward County
Subdivision Picton Ward
City Prince Edward County
Province ON
Postal Code K0K 2T0

Amenities

Garages None
Is Waterfront No

Interior

Heating Gas Forced Air Closed
Cooling Yes
Fireplace No

Listing Details

OfficeKeller Williams Energy Real Estate

Listing Map

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