For Sale

7 Paul Street, Prince Edward County, Ontario K0K 2T0

$799,900

7 Paul Street, Prince Edward County, Ontario K0K 2T0 is For Sale and has a listing price of 799,900. The property is located in the Prince Edward County . It's been on the website for 75 Days.

  • 5
    Bathrooms
  • MLS ID: X12085949
  • Office Name CHESTNUT PARK REAL ESTATE LIMITED
Property Description

PRIME INVESTMENT OPPORTUNITY IN PRINCE EDWARD COUNTY! This well established 7 unit commercial building, located in the heart of Picton, is just one block off Main Street and boasts a full occupancy rate, ensuring a steady income stream. The ground-level units are easily accessible, catering to a variety of businesses and customers. The second level unit is a highly rated, licensed short-term accommodation, adding a unique and profitable aspect to the property. Several recent updates throughout the building enhance its appeal and functionality. With 16 dedicated parking spaces, the property offers convenience for both occupants and customers. Situated in a popular location with great curb appeal, this commercial building benefits from excellent visibility and foot traffic, making it an ideal addition to any investment portfolio. Annual rental income from the commercial units is $62,286. The STA brings in approx. $28,000 annually (potential for higher STA income if rented full time). Don’t miss the chance to own a thriving commercial property in the midst of one of Ontario’s most thriving tourist regions, highlighted by sandy beaches, wineries, breweries, farmers markets, a variety of dining experiences and much more!

Property Details
  • MLS ID: X12085949
  • Bathrooms: 5
  • Price: $799,900
  • Lot Depth: 103.83
  • Transaction Types: For Sale
  • Ref ID: X12085949
  • Year Built: N/A
  • Dir / Cross St: Market Ln & King St
  • Status: Active
  • Tax Year: 2024
  • Approx Age: 51-99
  • Property Type: Commercial
  • Property Sub Category: Retail
Price History
List Date MLS ID List Price Status End Date Closed Price
04/16/2025 X12085949 $799,900 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Prince Edward County
  • $862,774 Average List Price
    based on 1 year
  • 9 New Listings
    based on 30 days
  • 109 Median Days on Market
    based on 1 year
  • List vs. Selling Price 153.88 % Up
  • Sold (12mo) 195
  • Rented (12mo) 47

  • 1 Month Change -100.0%
  • 3 Month Change -100.0%
  • 6 Month Change -100.0%
Walkscore
Additional Details
  • Heat Type Other
  • Washroom Type1: 5
  • Garage Type Y
  • Parking Spaces: 16
  • Taxes: $9,626
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: 60 - 89 days
  • Listing Entry Date: 16/04/2025 14:22:56
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