header

$2,299,000
Available - For Sale
Listing ID: X12293108
Offered at a 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. Site zoned CG-6 with full municipal services. The building, originally built in 1970 and totally renovated in 1993, features concrete block construction, acrylic stucco exterior, and a TPO flat roof 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.
Price $2,299,000
Taxes: $32,060
Tax Type: Annual
Occupancy by: Tenant
Address: 67 King Street , Prince Edward County, K0K 2T0, Prince Edward Co
Postal Code: K0K 2T0
Province/State: Prince Edward Co
Legal Description: LT 308-309 PL 24 PICTON; PT LT 307, 310-
Directions/Cross Streets: Centre Street
No. of Pieces Level
Washroom 1 0
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Washroom 6 0
Washroom 7 0
Washroom 8 0
Washroom 9 0
Washroom 10 0
Washroom 11 0
Washroom 12 0
Washroom 13 0
Washroom 14 0
Washroom 15 0
Washroom 16 0
Washroom 17 0
Washroom 18 0
Washroom 19 0
Washroom 20 0
Washroom 21 0
Washroom 22 0
Washroom 23 0
Washroom 24 0
Washroom 25 0
Washroom 26 0
Washroom 27 0
Washroom 28 0
Washroom 29 0
Washroom 30 0
Category: Office
Building Percentage: T
Total Area: 12,392
Total Area Code:  Square Feet
Office/Appartment Area: 11688
Office/Appartment Area Code: Sq Ft
Approximatly Age: 51-99
Maintenance: 0
Sprinklers: Yes
Heat Type: Gas Forced Air Open
Central Air Conditioning: Yes
First Name: *
Last Name: *
Phone: *
Email: *
Showing Date:
Showing Time:
I Am Thinking of Moving
 
First Name: *
Last Name: *
Phone: *
Email: *

Message:


From:

Name:
Email:

To:

Name:
Email:

Comment:

 

Down payment: $  
Interest Rate: %  
Amortization :  Years
Payment Frequency:
Your Payment:
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
GORDON'S DOWNSIZING & ESTATE SERVICES LTD.

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

Personal Picture
Maria Tompson
Sales Representative
Dir:
416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184

 
 Book Showing   Email a Friend 
Jump To:
At a Glance:
Type: Com - Office
Area: Prince Edward County
Municipality: Prince Edward County
Neighbourhood: Picton Ward
Style:
Lot Size: x 0.00(Feet)
Approximate Age: 51-99
Tax: $32,060
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
Price:
Down Payment: %
Rate: %
Amortization:  Years
Frequency
Calculate
Down Payment:
Mortgage Payment:
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Listing added to compare list, click here  to view comparison chart.
Personal Pic Maria Tompson Sales Representative Re/Max Example Inc, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854
Personal Picture
Maria Tompson
Sales Representative
Re/Max Example Inc, Brokerage
Independently owned and operated.
support@bestforagents.com

 

 

FEATURED PROPERTIES
Please note that content and information contained in this website is for demonstration purposes only and this website is trial website or test website and it can not be used for marketing purposes.