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302 Picton Main Street

302 Picton Main Street

Prince Edward County, ON

  • 7 bath
  • 6,155 sqft
  • Investment
  • 159 days on market
$2,150,000

One of Prince Edward County's most iconic commercial addresses is now available for your review. Ideally positioned at the gateway to the historic Main Street shopping district, 302 Main Street enjoys outstanding exposure to both consistent local traffic and the vibrant tourism that defines the County. Surrounded by boutique shops, popular restaurants, and charming cafés, this is a premier, high-visibility location in the heart of Picton.This well-maintained mixed-use building features three commercial storefront units at street level, offering excellent frontage and long-term tenant appeal. Above, the property includes four fully renovated residential apartments, comprised of one spacious two-bedroom suite and three well-designed one-bedroom units.The residential units have been extensively updated with modern, on-trend finishes and are equipped with newer heat pumps, providing efficient heating and cooling, enhanced tenant comfort, and reduced operating costs. These upgrades contribute to strong tenant retention and premium rental appeal.With six of the seven units currently leased to long-term tenants and a strong cap rate, this property offers immediate, stable income with the benefit of continued upside potential.An exceptional opportunity to acquire a landmark building with a balanced mix of commercial and residential revenue streams in one of Ontario's most sought-after destinations.

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Listing Details

Taxes (2025)
$6,840
Listed
April 10, 2026

Price History

Listing history

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Property

Lot Size
60.06 x 125 Feet

Parking

Garage
None

Location & Legal

Cross Street
Picton Main/ Bridge Street
Zoning
UC
Parcel Number
550680050
Possession
Flexible
Occupancy
Tenant

Included

Inclusions
Appliances in Residential Units
Exclusions
All chattels, fixtures and belongings of all tenants.

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
$590,000
Homes sold
450
Median days on market
40
Sale-to-list price
95.1%

Based on 450 recorded sales of commercial properties in Prince Edward County over the last 12 months.

Listed by

Keller Williams Energy Real Estate

Walk Score

Walk Score is unavailable for this address right now.

Commercial figures

Building area
6,155 sq ft
Price per sq ft
$349.31
Annual property tax
$6,840
Tax per sq ft
$1.11

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

Reita | Assistant

Online

Reita said:

Reita is an automated assistant, not a licensed real estate agent. This listing mentions Surrounded by boutique shops, popular restaurants, and charming cafés, this is a premier, high-visibility location in the heart of Picton.This well-maintained mixed-use building features three commercial storefront units at street level, offering excellent frontage and long-term tenant appeal.. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

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