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325 Picton Main Street

Picton Ward / Prince Edward County, ON K0K 2T0

ActiveFor Sale
0 Beds
0 Baths
603 Sq Ft
Commercial

About This Property

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

StatusActive
Property TypeCommercial
Listing TypeFor Sale
Interior Size603 sq ft
Bedrooms0
Bathrooms0
Postal CodeK0K 2T0
Last UpdatedAug 8, 2026 · 8:53 p.m.

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Features & Amenities

  • View
  • Air Conditioning
  • Basement

TRREB MLS® Attribution

MLS® X12590170

Listed by Century 21 Lanthorn Real Estate Ltd.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.

$575,000

asking price

MLS®X12590170
TypeCommercial
CityPrince Edward County
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$2,808

/month · $460,000 mortgage

Down Payment20% — $115,000
Interest Rate5.5%

Amortization

Total Interest

$382,340

Total Cost

$842,340

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

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Listed By

Century 21 Lanthorn Real Estate Ltd.