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For Sale

325 Picton Main Street E, Prince Edward County, ON K0K 2T0

$575,000

  • Store W Apt/Office
  • MLS® X12590170

Listing Brokerage: Century 21 Lanthorn Real Estate Ltd.

Description

Rare chance to purchase a profitable, debt-free, freehold commercial building with a long-established turnkey business in the absolute heart of downtown Picton for under $600K. Iconic family-owned submarine sandwich shop (30+ years) throwing off proven owner benefit of $200,000 annually (financials available). Completely freehold - no landlord, no lease, no triple-net headaches. 600 sq ft street-level retail + separate 2-bedroom apartment upstairs (vacant, ready for owner occupancy or additional income). Ultra-low annual taxes of only $1,250 (2025). All equipment, fixtures, recipes, and goodwill included - walk in tomorrow and start earning. Priced aggressively by retiring owners. Ideal for a hands-on operator or family who wants to live upstairs and run the business downstairs at a fraction of market value. Picton is a vibrant destination renowned for its wineries, bustling tourism, and strong community spirit. This property is perfectly positioned to thrive in this growing region.

Property details

MLS® number
X12590170
Transaction
For Sale
Property type
Commercial
Style / use
Store W Apt/Office
Community
Picton Ward
City
Prince Edward County
Building area
602.78 Square Feet
Lot width
23.8 Feet
Lot depth
40.99 Feet
Approximate age
51-99
Heating
Baseboard
Cooling
Yes
Garage
None
Taxes
$1,250.22
Tax year
2025
Office area
600
Retail area
600
Listing brokerage
Century 21 Lanthorn Real Estate Ltd.

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