$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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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
CENTURY 21 LANTHORN REAL ESTATE LTD.
Personal Picture
Simon Huang
Broker
Bus:
905-241-2222
Fax:
905-241-3333
 
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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
Air Conditioning:
Pool:
Locatin Map:
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