106-1-172 Main Street, Prince Edward County | Image 1

106-1-172 Main Street

Prince Edward County, Picton

  • Commercial

$XXX,XXX
For Sale

Added 6 months ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Business Type: Restaurant

  • Zoning: CC

  • Age: 100+ years

  • Taxes: 7020

  • MLS®#: X9363417

  • Days on Site: 144 Days

  • Added: Sep 23, 2024 (6 months ago)

  • Updated:

  • Last Checked: 2 weeks ago

  • Listed By: HENDERSON WILLIAMS REALTY LTD.

BUSINESS ONLY FOR SALE. An amazing opportunity to operate a Turn-Key Restaurant/Bar located in the heart of Picton in picturesque Prince Edward County. This long time, busy, year round running, well established clientele business, has seating for 60 people plus an additional 16 people on the seasonal outdoor patio. Excellent annual sales and only room to grow as popularity and population increases with The County's growth. Price includes a total of 3 Condo Units consisting of 2 on the main level: Unit 107 - The Acoustic Grill, Unit 106 - a separate licensed for 26ppl unit with a bar & 3 beer taps (currently used for storage) & Unit 207 on the 2nd floor currently used as office space. This is a great opportunity to acquire a successful business in beautiful PEC. This offering includes a full list of Equipment/Chattels to create a true "Move-In Ready" investment opportunity. 3 years of financials available for serious buyers with signed Confidentiality Agreement. **EXTRAS** Business name 'Acoustic Grill' not included in Sale of Business

Property

  • Status: Sale

  • Type: Restaurant

  • Property Type: Sale Of Business

  • Property Type: Without Property

  • Age: 100+

  • Area: Prince Edward County

  • Community: Picton

  • Availability Date: Flexible

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: N

  • Water Supply: Municipal

Parking

  • Garage Type: None

Fees

  • Tax Year: 2024

  • Taxes: $7,020

  • Expenses: Est

  • Commercial Condo Fees: 2748

  • Taxes Type: Annual

  • Tax Year: 2024

Land

  • Cross Street: Elizabeth and Main

  • Municipality District: Prince Edward County

  • Parcel Number: 558020007

  • Lot Depth: 235 Feet

  • Lot Frontage: 170 Feet

  • Zoning: CC

Commercial Specific

  • Number of Employees: 1

  • Retail Area: 1600

  • Retail Area Metric: Sq Ft

  • Sprinklers: N

  • Total Area: 2200

  • Total Area Metric: Sq Ft

  • Hours Open: 11am-11

  • Office Size: 620

  • Office Size Metric: Sq Ft

  • Area Influence: Rec Centre

  • Days Open: 7

  • Franchise: N

  • Tangible Property Included: Y

  • Lot Code: Lot

  • Seats: 72

  • Business/Building Name: The Master Feed Building

  • Financial Statement: Y

  • LLBO: Y

Walker's Paradise

  • Daily errands do not require a car.
93 /100

Bikeable

  • Some errands can be accomplished on bike.
53 /100
7-8

Prince Edward Collegiate Institute Elementary School

Elementary: Public
0.66 km
JK-8

Athol-South Marysburgh School Public School

Elementary: Public
8.08 km
JK-8

Sophiasburgh Central Public School

Elementary: Public
12.61 km
JK-8

C M L Snider Elementary School

Elementary: Public
17.42 km
JK-8

Queen Elizabeth Public School

Elementary: Public
0.47 km
JK-8

St Gregory Catholic School

Elementary: Catholic
0.82 km
Pre-Grade 9-12

Sir James Whitney/Sagonaska Secondary School

Secondary: Provincial
26.41 km
9-12

Sir James Whitney School for the Deaf

Secondary: Provincial
26.41 km
9-12

Nicholson Catholic College

Secondary: Catholic
26.30 km
9-12

Quinte Secondary School

Secondary: Public
27.43 km
9-12

Prince Edward Collegiate Institute

Secondary: Public
0.66 km
9-12

Moira Secondary School

Secondary: Public
25.24 km
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