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$4,850,000
Available - For Sale
Listing ID: X13237792
343 Main Street East , Prince Edward County, K0K 2T0, Prince Edward Co


The Pinnacle of Picton - Merrill House. A landmark Victorian Gothic estate in the heart of Prince Edward County wine country, originally built in 1878 for Judge Edwards Merrill and heritage-designated. Over $3M in renovations have transformed this three-storey brick masterpiece into a Michelin Guide-recognized boutique hotel and destination restaurant - a rare turnkey hospitality enterprise. The property offers 14 beautifully appointed guest suites, each with a private 3-piece ensuite, set among custom-painted murals, antique and original wallpaper, exposed brick, marble wood-burning fireplaces, vaulted 14-16 ft ceilings, and refinished hardwood floors. Six private balconies overlook the grounds. Culinary spaces include a glass conservatory dining room and bar, a fully equipped commercial kitchen with walk-in fridge and freezer, a state-of-the-art wine cellar, plus Bar Atlas and Brasserie Alexandria. The state-of-the-art wine cellar has four climate-controlled temperature zones for wine storage and a three-season patio dining area. Recent capital improvements include a new asphalt-shingle roof, stabilized chimneys, a modern Daikin heat-pump HVAC system, Viessmann gas boilers, in-floor heating, and 400-amp service. Set on 1.07 landscaped acres with mature 150-year-old trees, the grounds feature interlocking-brick walkways, a covered event tent, stone fire pit, barrel sauna, and on-site parking for approximately 25 vehicles. Site-specific zoning permits a hotel/inn of up to 15 rooms, a meeting room, catering kitchen, and restaurant. One block from the Picton Marina and downtown, Merrill House represents an extraordinary opportunity to own a piece of Picton's history alongside a thriving, supply-constrained hospitality business
Price $4,850,000
Taxes: $14053.11
Tax Type: Annual
Occupancy: Owner
Address: 343 Main Street East , Prince Edward County, K0K 2T0, Prince Edward Co
Postal Code: K0K 2T0
Province/State: Prince Edward Co
Legal Description: PT LT 227-229 PL 24 PICTON AS IN PE15996
Directions/Cross Streets: Picton Main St E
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Washroom Type 6 0
Washroom Type 7 0
Washroom Type 8 0
Washroom Type 9 0
Washroom Type 10 0
Category: Accommodation
Use: Hotel/Motel/Inn
Building Percentage: T
Total Area: 1.07
Total Area Code:  Acres
Approximatly Age: 100+
Business/Building Name: Merrill House
Financial Statement: T
Chattels: T
Franchise: F
Days Open: O
Hours Open: 24
Washrooms: 17
Heat Type: Gas Hot Water
Central Air Conditioning: Yes
Sewers: Sanitary
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
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At a Glance:
Type: Com - Investment
Area: Prince Edward County
Municipality: Prince Edward County
Neighbourhood: Picton Ward
Style:
Lot Size: x 486.00(Feet)
Approximate Age: 100+
Tax: $14,053.11
Maintenance Fee: $0
Beds: 0
Baths: 17
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
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