67 King Street
Prince Edward County, ON
12,392 sqft • Office • 51 days on market
Offered at a 6.6% CAP Rate. Turnkey three-unit commercial investment in downtown Picton rented to government and institutional tenants that have been in place since 1993. Long-term leases in place with automatic renewals at market rent. 12,392 sq. ft. building on 0.835 acres with 55 on-site paved parking spaces and additional municipal lots and free parking steps away, and green space at the back of the property. The site is zoned CG-6 with full municipal services. The building, originally built in 1970 and fully renovated in 1993, features concrete block construction, an acrylic stucco exterior, and a TPO flat roof, which was replaced in 2020. Separately metered units with 3-phase 400-amp service, 5 rooftop HVAC units, a fire alarm system, and an elevator (tenant-maintained). Unit 1: 6,596 sq. ft. completely renovated in 2024 on two floors, Unit 2: 4,967 sq. ft., Unit 3: 829 sq. ft. The rent is calculated on 11,688 sq. ft. of net inside floor space. No easements or rights-of-way. The building is located 1 block from the center of Main Street, Picton.
Listing Details
- Taxes (2025)
- $31,365
- Listed
- July 7, 2026
Price History
Listing history
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Property
- Age
- 51-99
- Lot Size
- 77.88 x 269.49 Feet
Location & Legal
- Cross Street
- Centre Street
- Zoning
- CG-6 General Commercial Zone
- Parcel Number
- 550610172
- Possession
- Flexible
Commercial
- Occupancy
- Tenant
- Office / Apartment Area
- 11688 Sq Ft
Included
- Inclusions
- None
- Exclusions
- Tenant belongings
- Rental Items
- None
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
- 480
- Median days on market
- 40
- Sale-to-list price
- 95.0%
Based on 480 recorded sales of commercial properties in Prince Edward County over the last 12 months.
Listed by
Gordons Real Estate Brokerage Ltd.
Location
Commercial figures
- Building area
- 12,392 sq ft
- Price per sq ft
- $185.52
- Annual property tax
- $31,365
- Tax per sq ft
- $2.53
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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