$2,900,000
FOR SALE

Commercial/Retail

Lot: 57.11 x 218.64 ftTotal Area: 9,900 ft2
2023 Taxes: $8,559

279-281 Main St
Prince Edward County, ON K0K 2T0 | Picton | Prince Edward

Welcome to an exceptional opportunity to invest in the heart of a bustling Main Street community. This property offers not one, but two storefronts, each with its own unique appeal . A thriving restaurant and a charming pottery studio. Adjacent to the restaurant is a pottery studio. Step upstairs to discover five newly renovated apartments, each meticulously designed to offer modern comfort and style. These thoughtfully crafted living spaces feature contemporary finishes, spacious layouts, and an abundance of natural light, creating an inviting retreat for residents to call home. Tucked away in the rear of the property is a standalone hair salon, where clients can indulge in a range of beauty services and treatments. A spacious storage shed on the property provides ample space for storing supplies, equipment, or inventory, ensuring that everything you need is conveniently within reach. With long-term leases in place and excellent tenants already established, this property presents a lucrative investment opportunity for savvy investors seeking stable income and potential for growth. Don't miss your chance to own a piece of Main Street history and become a part of this vibrant community.********* Upgrades include: All new windows 2021. All new heat pumps 2018-2021. New structural beams approved by a structural engineer. Updated furnace. Financials and rental details available upon request. **********
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Listed By CHESTNUT PARK REAL ESTATE LIMITED
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X8417896
Last Updated Jul 12, 2024
Property Summary
Property Type Commercial/Retail

More like this:
Category Multi-Use
PIN 550610085
Legal Description See legal descriptions in remarks below
Occupancy Own+Ten
Possession Date Flexible
Taxes (2023) $8,559
Tax Type Annual
Directions/Cross Streets Picton Main Street and Bridge Street
Neighbourhood Picton
Area Prince Edward
Price History

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Detailed Information
Freestanding N
Lot 57.11 x 218.64 ft
Lot Irregularities parking lot between the 2 parcels
Retail Area 40 percent
Office/Apt Area 60 percent
Total Area 9,900 ft2
Air Conditioning Y
Basement Y
Garage Type None
Heat Type Elec Forced Air
% Building 100
Sprinklers Y
Utilities Y
Water Municipal
Lot/Bldg/Unit Code Lot
Zoning Core Commercial
Seller Property Info Statement N

The information contained on this site is based in whole or in part on information that is provided under copyright by the Toronto Regional Real Estate Board (TRREB) or by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. TRREB and CREA reproduce and distribute this information as a service for their members and assume no responsibility for its accuracy. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

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