Investment property for sale in an excellent location in the heart of downtown Picton. Two retail storefronts, with an additional leased building behind. Main floor commercial Tenants are well established, a restaurant, a hair salon, and a pottery studio + gallery. Above are five residential apartments which were fully renovated in 2021 including new heat pumps for all units. Potential to increase income by leasing additional owner occupied spaces: 1) Rear building lower level approximately 1000 sf and 2) garage building at the back of the property. The property is two pieces divided by municipal parking road access behind the building. Net Operating Income for the property supports the asking price for this investment. (id:60626)
| MLS® Number | X12405042 |
| Property Type | Business |
| Community Name | Picton |
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Exterior | 9900 Sqft |
| Size Interior | 9,900 Ft2 |
| Utility Water | Municipal Water |
| Acreage | No |
| Size Depth | 180 Ft |
| Size Frontage | 57 Ft |
| Size Irregular | Bldg=57 X 180 Ft |
| Size Total Text | Bldg=57 X 180 Ft |
| Zoning Description | Cc - Core Commercial |
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