Rare chance to purchase a profitable, debt-free, freehold commercial building with a long-established turnkey business in the absolute heart of downtown Picton for under $600K. Iconic family-owned submarine sandwich shop (30+ years) throwing off proven owner benefit of $200,000 annually (financials available). Completely freehold – no landlord, no lease, no triple-net headaches. 600 sq ft street-level retail + separate 2-bedroom apartment upstairs (vacant, ready for owner occupancy or additional income). Ultra-low annual taxes of only $1,250 (2025). All equipment, fixtures, recipes, and goodwill included – walk in tomorrow and start earning. Priced aggressively by retiring owners. Ideal for a hands-on operator or family who wants to live upstairs and run the business downstairs at a fraction of market value. Picton is a vibrant destination renowned for its wineries, bustling tourism, and strong community spirit. This property is perfectly positioned to thrive in this growing region.
Property Summary
Property Type:Retail
Availability:For sale
Building Type:Residential Commercial Mix
Land Size:Bldg=23.8 x 40.99 FT ; Irregular
Features:Irregular lot size
MLS® Number:X12590170
Building Details
Interior Size:603 sq ft
Heating Type:Baseboard heaters
Fireplace:None
Cooling:Fully air conditioned
Land Details
Frontage:23 ft ,9 in
Depth:40 ft ,11 in
Water:Municipal water
Zoning Description:Commercial Core
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