325 PICTON MAIN STREET E

$575,000

Picton Ward, Prince Edward County, Ontario

  • 603 square feet
Commercial · RetailType
Baseboard heatersHeating
Fully air conditionedCooling
274Days on market
$954 / sqftPrice / sqft

About this property

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. (id:66327)

Property details

Interior

Living area
603 square feet
Building area
602.78

Exterior & parking

Structure type
Residential Commercial Mix
Architectural style
[]
Lot size
Bldg=23.8 x 40.99 FT ; Irregular

Building & HOA

Heating
Baseboard heaters
Cooling
Fully air conditioned

Financial & legal

List price
$575,000
Price / sqft
$954 / sqft
Annual taxes
$1,250
Status
Active
MLS® number
X12590170

Location

City
Prince Edward County
Neighbourhood
Picton Ward
Province
Ontario
Postal code
K0K2T0
Directions
Cross Streets: Main and Paul Street. ** Directions: Near Picton Main Street and Paul Street.

Mortgage calculator

estimated / month

Estimate only — excludes taxes, insurance and CMHC. Contact us for a real quote.

Location & neighbourhood

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