$2,900,000
Available - For Sale
Listing ID: X12405042
279-281 Picton Main Stre , Prince Edward County, K0K 1T0, Prince Edward Co
| 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: | $8706.00 |
| Tax Type: | Annual |
| Occupancy: | 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 |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Retail |
| Building Percentage: | F |
| Total Area: | 9900.00 |
| Total Area Code: | Square Feet |
| Washrooms: | 0 |
| Heat Type: | Gas Forced Air Close |
| Central Air Conditioning: | Yes |
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| CENTURY 21 LANTHORN REAL ESTATE LTD. |
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Ritu Anand
Broker
Dir:
647-287-4515
Bus:
905-454-1100
Fax:
905-277-0020
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At a Glance:
| Type: | Com - Investment |
| Area: | Prince Edward County |
| Municipality: | Prince Edward County |
| Neighbourhood: | Picton |
| Tax: | $8,706 |
| Fireplace: | N |
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