279-281 Main Street, Prince Edward County | Image 1

279-281 Main Street

Prince Edward County, Picton

  • Commercial

$2,900,000
For Sale

Added 5 months ago

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  • Type: Commercial/Retail

  • Property Type: Commercial

  • Business Type: Other

  • Zoning: Core Commercial

  • Age: No Data

  • Taxes: 8559

  • MLS®#: X8417896

  • Days on Site: 37 Days

  • Added: Jun 05, 2024 (5 months ago)

  • Updated:

  • Last Checked: 7 hours ago

  • Listed By: CHESTNUT PARK REAL ESTATE LIMITED

Welcome to an exceptional opportunity to invest in the heart of a bustling Main Street community. This property offers not one, but two storefronts, each with its own unique appeal . A thriving restaurant and a charming pottery studio. Adjacent to the restaurant is a pottery studio. Step upstairs to discover five newly renovated apartments, each meticulously designed to offer modern comfort and style. These thoughtfully crafted living spaces feature contemporary finishes, spacious layouts, and an abundance of natural light, creating an inviting retreat for residents to call home. Tucked away in the rear of the property is a standalone hair salon, where clients can indulge in a range of beauty services and treatments. A spacious storage shed on the property provides ample space for storing supplies, equipment, or inventory, ensuring that everything you need is conveniently within reach. With long-term leases in place and excellent tenants already established, this property presents a lucrative investment opportunity for savvy investors seeking stable income and potential for growth. Don't miss your chance to own a piece of Main Street history and become a part of this vibrant community.********* Upgrades include: All new windows 2021. All new heat pumps 2018-2021. New structural beams approved by a structural engineer. Updated furnace. Financials and rental details available upon request. **********

Property

  • Status: Sale

  • Type: Other

  • Property Type: Commercial/Retail

  • Property Type: Multi-Use

  • Area: Prince Edward County

  • Community: Picton

  • Availability Date: Flexible

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Yes

Building

  • Basement: Y

  • Heat Type: Elec Forced Air

  • Freestanding: N

  • Water Supply: Municipal

Parking

  • Garage Type: None

Fees

  • Tax Year: 2023

  • Tax Legal Description: See legal descriptions in remarks below

  • Taxes: $8,559

  • Taxes Type: Annual

Land

  • Cross Street: Picton Main Street a

  • Municipality District: Prince Edward County

  • Parcel Number: 550610085

  • Lot Depth: 218.64 Feet

  • Lot Frontage: 57.11 Feet

  • Lot Irregularities: parking lot between t

  • Zoning: Core Commercial

Additional Media

  • Virtual Tour: https://my.matterport.com/show/?m=WRFAyvPQqLY&mls=1

Commercial Specific

  • Retail Area: 40

  • Retail Area Metric: %

  • Sprinklers: Y

  • Total Area: 9900

  • Total Area Metric: Sq Ft

  • Office Size: 60

  • Office Size Metric: %

  • Lot Code: Lot

  • Building Percent: 100

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Map of 279-281 Main Street, Prince Edward County
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