279-281 Picton Main Street
Prince Edward County, ON
9,900 sqft • Investment • 344 days on market
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 apartments 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.
Listing Details
- Taxes (2025)
- $8,706
- Listed
- September 15, 2025
Price History
Property
- Lot Size
- 57 x 180 Feet
Location & Legal
- Cross Street
- Picton Main St and Bridge St
- Zoning
- CC - Core Commercial
- Parcel Number
- 550610085
- Possession
- Flexible
Commercial
- Occupancy
- Tenant
Community
Postal area K0K
- Population
- 115,850
- Private dwellings
- 53,153
- Median age
- 50.8
- Average household size
- 2.4
- Median household income
- $83,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Prince Edward County · last 12 months
- Median sold price
- $599,000
- Homes sold
- 475
- Median days on market
- 40
- Sale-to-list price
- 94.9%
Based on 475 recorded sales of commercial properties in Prince Edward County over the last 12 months.
Listed by
CENTURY 21 LANTHORN REAL ESTATE LTD.
Walk Score
Walk
Bike
Scores by Walk Score®
Location
Commercial figures
- Building area
- 9,900 sq ft
- Price per sq ft
- $292.93
- Annual property tax
- $8,706
- Tax per sq ft
- $0.88
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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