Connie Huibers - Coldwell Banker Momentum Logo
$2,299,000
( $185.52Per Sq Foot )
 $12,342 est/mo Sourced by Back At You

67 King Street,Prince Edward County, ON K0K 2T0

Prince Edward County, ON K0K 2T0

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Description

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.

Details

MLS #X13532334
Listing TypeFor Sale
Sub-TypeResale
StatusNew
Year0
Days On Site64
Listing Provided ByGordons Real Estate Brokerage Ltd. | X13532334 278400

Features

SQ Feet12,392
Acreage0.28

Interior

CoolingYes

Exterior

Security FeaturesYes

Utilities

UtilitiesYes

Taxes

Tax Annual Amount31365.2
Tax TypeAnnual
Tax Legal DescriptionLT 308-309 PL 24 PICTON; PT LT 307, 310-312, 318 PL 24 PICTON PT 1-4 47R244; PRINCE EDWARD
Tax Year2025

Area Information

ProvinceON
RegionPrince Edward County
CityPrince Edward County
Postal CodeK0K 2T0
AreaPicton Ward
Listing VS Median (in K0K 2T0)
Price:
$2,299,000
low | high
Med:
$575,000
100% of Average
sqft:
12,392
low | high
Med:
602
100% of Average
$ / sqft:
$186
low | high
Med:
$955
100% of Average
On site:
64
low | high
Med:
282
22.695035460993% of Average
Sourced by Back At You

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Learn More About This Property

Connie Huibers

Connie Huibers

Momentum Realty

Real Estate Broker (905) 988-7778connie-huibers@coldwellbanker.ca
ProvinceON
RegionPrince Edward County
CityPrince Edward County
Postal CodeK0K 2T0
AreaPicton Ward
Listing VS Median (in K0K 2T0)
Price:
$2,299,000
low | high
Med:
$575,000
100% of Average
sqft:
12,392
low | high
Med:
602
100% of Average
$ / sqft:
$186
low | high
Med:
$955
100% of Average
On site:
64
low | high
Med:
282
22.695035460993% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $1.724M - $2.873M
sqft: 9,000 - 15,000
Nearby Listings Property ImageNearby Listings Details
21 King Street E Property Photo 1
$1,590,000
21 King Street E
Cramahe, ON K0K 1S0
Listing Updated: July 7, 2026 at 1:44:06 PM PDT

Connie Huibers - Coldwell Banker Momentum