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$ 850,000
Est. payment /mo
Pending
1 Lake ST Prince Edward County, ON K0K 2T0
4 Baths
UPDATED:
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Pending
Purchase Type For Sale
Subdivision Picton Ward
MLS Listing ID X12744192
Annual Tax Amount $8,512
Tax Year 2025
Property Sub-Type Investment
Property Description
Located in the heart of downtown Picton, this high-profile two-story duplex offers exceptional exposure, walkability, and long-term investment appeal in one of Prince Edward County's most vibrant hubs. Surrounded by shops, restaurants, cafes, and year-round tourism, the property benefits from constant foot traffic and outstanding visibility. One side of the building is configured with eight professional office spaces, including five leased to strong, established tenants and three vacant offices, providing immediate income with excellent upside for a new owner to occupy space or increase revenue. The layout is ideal for medical, legal, accounting, wellness, or professional services, with flexibility. The other side features a licensed, turnkey short-term accommodation, currently operating successfully as an Airbnb. This fully furnished 4-bedroom unit with two full bathrooms is move-in ready and designed to capture Picton's thriving tourism market. Extensive renovations include blown-in insulation, an owned gas hot-water-on-demand system, and separate furnaces, A/C units, basements, and entrances for each unit, allowing for efficient, independent operation. With 15 on-site parking spaces-a rare asset downtown-this property offers unmatched versatility, strong income potential, and a true live, work, and invest opportunity in the center of Prince Edward County.
Location
State ON
County Prince Edward County
Area Prince Edward County
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 162.25
Lot Depth 128.36
Others
ParcelsYN No
Virtual Tour https://youtu.be/aXXQ7pdHVXs
Listed by KELLER WILLIAMS ENERGY REAL ESTATE
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