325 Picton Main Street E

About this home

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.

Details

Type

Store W Apt/Office

Age

51-99 years

Lot

23.8 × 40.99 ft

Garage

None

Property tax

$1,250 (2025)

Neighbourhood

Picton Ward

Municipality

Prince Edward County

Heating, cooling and services

Heating

Baseboard

Air conditioning

Yes

Utilities

Yes

Building and exterior

Age

51-99 years

Building area

603 Square Feet

More

Possession

Flexible

Cross street

Main and Paul Street