302 Picton Main Street
Prince Edward County, ON
7 bath • 6,155 sqft • Investment • 139 days on market
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
Location & Legal
- Cross Street
- Picton Main/ Bridge Street
- Zoning
- UC
- Parcel Number
- 550680050
- Possession
- Flexible
Commercial
- 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
- $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
Keller Williams Energy Real Estate
Walk Score
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Location
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.
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