Added 6 months ago
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Type: Investment
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Property Type: Commercial
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Business Type: Other
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Zoning: CC
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Age: 16-30 years
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Taxes: 15097.87
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MLS®#: X8300658
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Days on Site: 121 Days
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Added: May 02, 2024 (6 months ago)
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Updated:
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Last Checked: 7 hours ago
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Listed By: CENTURY 21 LANTHORN REAL ESTATE LTD.
A remarkable commercial opportunity! The former BMO building, built in 1993 (with brick meant to embody the traditional "sandbanks brick" of historic Prince Edward County) is zoned core commercial and lends itself to a variety of commercial and combined commercial/residential uses. The building itself is situated within walking distance of everything Picton Main Street has to offer, with street access and street parking on both Main and Walton Streets. The lot itself has plenty of private parking and excellent visuals from Main Street for signage. The current main level layout is offices, teller spaces, open atrium, vault and utility rooms. The stairs or elevator lead to the second level, which is an atrium-style open design that houses offices, kitchenette and dining space, and 2 multi-stall washrooms. With renovation, the building would lend itself well to a mixed use of residential apartments and main floor commercial/retail space, restaurant, or perhaps a micro-hotel?
Extras
Viewings require 24 hours' notice on weekdays only, within banking hours. Full rider must be acknowledged. This building may not be used as a bank, financial, or lending institution.
Property
Status: Sale
Type: Other
Property Type: Investment
Property Type: Office
Age: 16-30
Area: Prince Edward County
Community: Picton
Availability Date: immediate
Inside
Bathrooms: 2
Air Conditioning: Y
Washrooms: 2
Utilities
Utilities: Yes
Building
Basement: N
Heat Type: Gas Forced Air Open
Energy Certificate: N
Green Verification Status: N
Freestanding: Y
Water Supply: Municipal
Physically Handicapped-Equipped: Y
Parking
Garage Type: None
Fees
Tax Year: 2023
Taxes: $15,098
Taxes Type: Annual
Land
Cross Street: Main Street - corner
Municipality District: Prince Edward County
Parcel Number: 550620121
Lot Depth: 90.5 Feet
Lot Frontage: 122.7 Feet
Lot Irregularities: irregular rectangle
Zoning: CC
Commercial Specific
Sprinklers: Y
Total Area: 5682
Total Area Metric: Sq Ft
Franchise: N
Lot Code: Lot
Business/Building Name: Bank of Montreal
Financial Statement: N
Prince Edward Collegiate Institute Elementary School
Elementary: PublicAthol-South Marysburgh School Public School
Elementary: PublicSophiasburgh Central Public School
Elementary: PublicC M L Snider Elementary School
Elementary: PublicQueen Elizabeth Public School
Elementary: PublicSt Gregory Catholic School
Elementary: CatholicSir James Whitney/Sagonaska Secondary School
Secondary: ProvincialSir James Whitney School for the Deaf
Secondary: ProvincialNicholson Catholic College
Secondary: CatholicQuinte Secondary School
Secondary: PublicPrince Edward Collegiate Institute
Secondary: PublicMoira Secondary School
Secondary: Public
