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$2,900,000
Available - For Sale
Listing ID: X12405042
Investment property for sale in an excellent location in the heart of downtown Picton. Two retail storefronts, with an additional leased building behind. Main floor commercial Tenants are well established, a restaurant, a hair salon, and a pottery studio + gallery. Above are five residential apartments which were fully renovated in 2021 including new heat pumps for all units. Potential to increase income by leasing additional owner occupied spaces: 1) Rear building lower level approximately 1000 sf and 2) garage building at the back of the property. The property is two pieces divided by municipal parking road access behind the building. Net Operating Income for the property supports the asking price for this investment.
Price $2,900,000
Taxes: $8,706
Tax Type: Annual
Occupancy by: Tenant
Address: 279-281 Picton Main Stre , Prince Edward County, K0K 1T0, Prince Edward Co
Postal Code: K0K 1T0
Province/State: Prince Edward Co
Directions/Cross Streets: Picton Main St and Bridge St
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Washroom 11:  0
Washroom 12:  0
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Category: Retail
Building Percentage: F
Total Area: 9,900
Total Area Code:  Square Feet
Maintenance: 0
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
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Asking Price: $ Heating: $ /Year  
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Taxes:   $ /Year Other Debt: $ /Year  
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
CENTURY 21 LANTHORN REAL ESTATE LTD.

279-281 Picton Main Stre , Prince Edward County, K0K 1T0, Prince Edward Co


 
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At a Glance:
Type: Com - Investment
Area: Prince Edward County
Municipality: Prince Edward County
Neighbourhood: Picton
Style:
Lot Size: x 180.00(Feet)
Approximate Age:
Tax: $8,706
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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