603 sqft
Fully Air Conditioned
Baseboard Heaters
$575,000
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:49187)
Property Details
|
MLS® Number
|
X12590170 |
|
Property Type
|
Retail |
|
Community Name
|
Picton Ward |
|
Amenities Near By
|
Highway |
|
Features
|
Irregular Lot Size |
Building
|
Age
|
51 To 99 Years |
|
Cooling Type
|
Fully Air Conditioned |
|
Heating Type
|
Baseboard Heaters |
|
Size Exterior
|
602.78 Sqft |
|
Size Interior
|
603 Sqft |
|
Type
|
Residential Commercial Mix |
|
Utility Water
|
Municipal Water |
Land
|
Acreage
|
No |
|
Land Amenities
|
Highway |
|
Size Depth
|
40 Ft ,11 In |
|
Size Frontage
|
23 Ft ,9 In |
|
Size Irregular
|
Bldg=23.8 X 40.99 Ft ; Irregular |
|
Size Total Text
|
Bldg=23.8 X 40.99 Ft ; Irregular |
|
Zoning Description
|
Commercial Core |
https://www.realtor.ca/real-estate/29150850/325-picton-main-street-e-prince-edward-county-picton-ward-picton-ward