$850,000
Available - For Sale
Listing ID: X12744192
1 Lake Street , Prince Edward County, K0K 2T0, Prince Edward Co
| 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. |
| Price | $850,000 |
| Taxes: | $8512.00 |
| Tax Type: | Annual |
| Assessment Year: | 2025 |
| Occupancy: | Tenant |
| Address: | 1 Lake Street , Prince Edward County, K0K 2T0, Prince Edward Co |
| Postal Code: | K0K 2T0 |
| Province/State: | Prince Edward Co |
| Directions/Cross Streets: | Lake Street and Picton Main |
| 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 | |
| Washroom Type 11 | 0 | |
| Washroom Type 12 | 0 | |
| Washroom Type 13 | 0 | |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 | |
| Washroom Type 16 | 0 | |
| Washroom Type 17 | 0 | |
| Washroom Type 18 | 0 | |
| Washroom Type 19 | 0 | |
| Washroom Type 20 | 0 | |
| Washroom Type 21 | 0 | |
| Washroom Type 22 | 0 | |
| Washroom Type 23 | 0 | |
| Washroom Type 24 | 0 | |
| Washroom Type 25 | 0 | |
| Washroom Type 26 | 0 | |
| Washroom Type 27 | 0 | |
| Washroom Type 28 | 0 | |
| Washroom Type 29 | 0 | |
| Washroom Type 30 | 0 | |
| Washroom Type 31 | 0 | |
| Washroom Type 32 | 0 | |
| Washroom Type 33 | 0 | |
| Washroom Type 34 | 0 | |
| Washroom Type 35 | 0 | |
| Washroom Type 36 | 0 | |
| Washroom Type 37 | 0 | |
| Washroom Type 38 | 0 | |
| Washroom Type 39 | 0 | |
| Washroom Type 40 | 0 |
| Category: | Office |
| Use: | Other |
| Building Percentage: | T |
| Total Area: | 3346.00 |
| Total Area Code: | Square Feet |
| Office/Appartment Area: | 1763 |
| Office/Appartment Area Code: | Sq Ft |
| Financial Statement: | F |
| Chattels: | T |
| Franchise: | F |
| Washrooms: | 4 |
| Heat Type: | Gas Forced Air Close |
| Central Air Conditioning: | Yes |
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| KELLER WILLIAMS ENERGY REAL ESTATE |
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At a Glance:
| Type: | Com - Investment |
| Area: | Prince Edward County |
| Municipality: | Prince Edward County |
| Neighbourhood: | Picton Ward |
| Tax: | $8,512 |
| Baths: | 4 |
| Fireplace: | N |
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