155 Picton Main Street, Prince Edward County | Image 1

155 Picton Main Street

Prince Edward County, Picton

  • Commercial

$799,000
For Sale

Added 2 months ago

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  • Type: Commercial/Retail

  • Property Type: Commercial

  • Business Type: Hospitality/Food Related

  • Zoning: CC-14

  • Age: No Data

  • Taxes: 6907.53

  • MLS®#: X8088740

  • Days on Site: 47 Days

  • Added: Feb 23, 2024 (2 months ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: CENTURY 21 LANTHORN REAL ESTATE LTD.

Prime commercial property available in the bustling center of Picton. This well-established restaurant boasts years of operation with a steady local customer base and significant tourist visitation. The rear parking area offers the potential for an enchanting hidden patio. Situated on Picton Main Street, which experiences some of the highest pedestrian traffic in the County, this restaurant is ideally positioned for your new business and unforgettable dining experiences. It includes a fully equipped kitchen, two walk-in freezers, and additional room for growth. With an LLBO license for 96 customers, this opportunity is one you won't want to pass up!

Extras

The property includes a five-unit freestanding storage building at the back, which is rented out for approximately $600 per month, providing an additional income of $7,200 per year for your business.

Property

  • Status: Sale

  • Type: Hospitality/Food Related

  • Property Type: Commercial/Retail

  • Property Type: Retail

  • Area: Prince Edward County

  • Community: Picton

  • Availability Date: flexible

  • Assessment Amount: $350,000

  • Assessment Year: 2024

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Yes

Building

  • Basement: Y

  • Heat Type: Gas Forced Air Open

  • Energy Certificate: N

  • Green Verification Status: N

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: None

Fees

  • Tax Year: 2023

  • Tax Legal Description: PT OLD LT 14 W/S ELIZABETH ST PL 24 PICTON; PT LT*

  • Taxes: $6,908

  • Taxes Type: Annual

Land

  • Cross Street: Picton Main St And E

  • Municipality District: Prince Edward County

  • Parcel Number: 550620006

  • Sewer: Sanitary

  • Lot Depth: 165.66 Feet

  • Lot Frontage: 33.84 Feet

  • Lot Irregularities: See Survey

  • Zoning: CC-14

Commercial Specific

  • Retail Area: 2750

  • Retail Area Metric: Sq Ft

  • Sprinklers: Part

  • Total Area: 0.17

  • Total Area Metric: Acres

  • Franchise: N

  • Tangible Property Included: Y

  • Lot Code: Lot

  • Seats: 96

  • Financial Statement: N

  • LLBO: Y

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