40
279-281 Picton Main Street
$2,900,000 Sale
Listed 3 hours ago
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Key Facts
Key facts for 279-281 Picton Main Street
Property Type
Commercial
Parking
Single Detached
MLS #
X12405042
Size
-
Basement
-
Listed on
2025-09-15
Lot size
57 x 180.0
Tax
$8,706 /yr
Days on Market
1
Approximate Age
-
Maintenance Fee
-
Description
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 apar...tments 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.
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Courtesy of: CENTURY 21 LANTHORN REAL ESTATE LTD.