325 Picton Main Street
Prince Edward County, ON
602 sqft • Store W Apt/Office • 269 days on market
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.
Listing Details
- Taxes (2025)
- $1,250
- Listed
- December 1, 2025
Price History
Property
- Age
- 51-99
- Lot Size
- 23.8 x 40.99 Feet
Location & Legal
- Cross Street
- Main and Paul Street
- Zoning
- Commercial Core
- Parcel Number
- 550610074
- Possession
- Flexible
Commercial
- Occupancy
- Owner
- Office / Apartment Area
- 600 Sq Ft
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
- $597,000
- Homes sold
- 478
- Median days on market
- 40
- Sale-to-list price
- 95.0%
Based on 478 recorded sales of commercial properties in Prince Edward County over the last 12 months.
Listed by
Century 21 Lanthorn Real Estate Ltd.
Location
Commercial figures
- Building area
- 602 sq ft
- Price per sq ft
- $955.15
- Annual property tax
- $1,250
- Tax per sq ft
- $2.08
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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