About this property

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.

Features & finishes

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Air Conditioning

Basement

Property details

MLS® Number	X12590170
Status	Active
Listing Type	For Sale
Property Type	Commercial
Interior Size	603 sq ft
Beds / Baths	0 bed · 0 bath
Neighbourhood	Picton Ward
City	Prince Edward County
Postal Code	K0K 2T0
Province	ON
Listed Date	December 1, 2025
Days on Market	248
Price per Sq Ft	$954
Brokerage	Century 21 Lanthorn Real Estate Ltd.