325 Picton Main Street Prince Edward County ON

📍 Prince Edward County, Ontario K0K 2T0

$575,000

Active
23.8×40.99LOT (FT)
51-99AGE

📋 Listing Highlights

StatusActive
MLS®X12590170
ListedDec 1, 2025
Days on Market—
Property TypeCommercial
StyleStore W Apt/Office
Cross StreetMain and Paul Street
PossessionFlexible

📝 Listing 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

Property TypeCommercial
StyleStore W Apt/Office
Approx. Age51-99

📐 Lot & Land

Lot Width23.8 ft
Lot Depth40.99 ft
Cross StreetMain and Paul Street

🔧 Building & Utilities

HeatingBaseboard
CoolingYes
GarageNone

💰 Financial

List Price$575,000
Annual Taxes$1,250.22 (2025)
PossessionFlexible

🧮 Mortgage Calculator

$115,000
Est. Monthly Payment
$2,825/mo
Principal: $460,000 · P+I only
Does not include taxes, insurance or CMHC

📍 Location

Listing provided by CENTURY 21 LANTHORN REAL ESTATE LTD.Data via PropTx MLS® / TRREB. Information deemed reliable but not guaranteed.MLS® #X12590170 · Last updated: Jul 14, 2026

Information deemed reliable but not guaranteed. © TRREB / PropTx. MLS® is a trademark of CREA. This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate.