$575,000
Prince Edward County
325 Picton Main Street, Prince Edward County (Picton Ward), Ontario, K0K2T0
This retail property in Prince Edward County is for sale offering roughly 603 sq ft of space.
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. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 339 days on market, against an average age of 147 days across the listings currently for sale in this city
Homes here sell slower than most markets
Sold homes in this market spent an average of 67 days on the market over the past year, against a median of 48 days across the markets we publish.
This retail in Prince Edward County (Picton Ward) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $575,000, about 6.9× the local median household income of $83,000.
Carrying it typically needs a household income of about $112,318 (20% down, 25-yr amortization, stress-tested) — roughly 35% above the area median.
Source: Statistics Canada, 2021 Census (FSA K0K)
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