Mixed-Use Investment Property: 3 Commercial & 4 Residential Units in Picton, ON
Financial Details
- Asking Price:
- $2,120,000
- Annual Revenue:
- $191,396
- Cash Flow / SDE:
- $151,225
- Profit Metric:
- NOI
- Valuation Multiple:
- 14.0x
- Location:
- Picton, ON, CA
- Source:
- Date:
- September 15, 2025
Key Highlights
Description
This is an excellent investment property located at 302 Main Street in the heart of Picton, Ontario's historic main street shopping district. The property comprises 3 commercial storefront units and 4 fully renovated residential apartments, offering a diverse income stream. Situated in a prime location that attracts both locals and tourists, the building is surrounded by boutique shops, restaurants, and cafes. The commercial units are ideal for retail or hospitality businesses, while the apartments provide stable residential rental income. The property is fully leased and established, with a significant Net Operating Income (NOI) of $151,225 on a gross revenue of $191,396. This offering represents a compelling opportunity for investors seeking a well-positioned, income-generating asset in a desirable location.
Industry Information
- Industry Description:
- Commercial and Residential Real Estate Investment
- Classification:
- Retail
Real Estate & Lease
- Status:
- Established
Broker Contact
- Name:
- Paul Pryce
- Company:
- The County Guys Real Estate Group
- Phone:
- 833-730-2350
Listing Details
- Listing ID:
- 0446c5b9-805d-447d-9c01-485d16bad64a
- Source Listing ID:
- 2355720
- Deal Status:
- For Sale
- Last Updated:
- September 15, 2025
- Currency:
- CAD