For Sale

279-281 Main Street Unit# 279, Prince Edward County (Picton), Ontario K0K2T0

$2,900,000

279-281 Main Street Unit# 279, Prince Edward County (Picton), Ontario K0K2T0 is For Sale and has a listing price of 2,900,000. The property is located in the Prince Edward County neighbourhood. It's been on the website for 168 Days.

  • Retail
    Property Type
  • MLS ID: X8417896
  • Office Name CHESTNUT PARK REAL ESTATE LIMITED
Property Description

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. ********** (id:43137)

Property Details
  • Virtual Tour: Click Here
  • MLS ID: X8417896
  • Price: $2,900,000
  • Transaction Types: For Sale
  • Ref ID: 27011774
  • Year Built: N/A
  • Property Type: Retail
  • Property Type: Commercial
  • Property Sub Category: Retail
Price History
List Date MLS ID List Price Status End Date Closed Price
06/05/2024 X8417896 $2,900,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Prince Edward County
  • $872,575 Average List Price
    based on 1 year
  • 114 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 141.23 % Up
  • Sold (12mo) 282
  • Rented (12mo) 63

  • 1 Month Change -9.9%
  • 3 Month Change -9.9%
  • 6 Month Change +16.4%
Walkscore
  • 74 Walk Score
    Very Walkable
  • 38 Bike Score
    Somewhat Bikeable
Property Type Distribution
  • All Houses
    74.57%
  • Commercial
    17.98%
  • Condo
    4.15%
  • Land for Sale
    3.3%
Additional Details
  • Heat Source Electric
  • Heating System Forced Air
  • Water Municipal Water
  • Cooling System Fully Air Conditioned
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Farm/Agriculture Other
  • Listing Entry Date: 05/06/2024 00:00:00
  • Zoning Cc-mh
  • Agent Name: Mark Franks
  • Last Updated: 16/10/2024 14:27:17
Open House Dates
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