The Opportunity
Overview
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. (id:61970)
Investment highlights
- 01Retail
Property details
- Property type
- Retail
- Transaction
- sale
- Building area
- 602.78 square feet
- Listing brokerage
- Century 21 Lanthorn Real Estate Ltd.
- Listing representative
- Paul Gentile
- Board / association
- Central Lakes
Financial information
Request the complete source listing package and independently verify all financial information before relying on it.
Location intelligence
Documents
Source Record
Current listing facts, with attribution intact.
- Source
- REALTOR.ca DDF®
- Listing status
- active
- Source ID
- 29150850
- Last supplied
- May 24, 2026
- Listing brokerage
- Century 21 Lanthorn Real Estate Ltd.
- Listing representative
- Paul Gentile
- Board / association
- Central Lakes
Commercially preserves the source listing’s brokerage attribution and links back to its REALTOR.ca record. Request information to confirm availability, documents, showing protocol and any facts not present in the supplied record.
Listing brokerage: Century 21 Lanthorn Real Estate Ltd. · Listing representative: Paul Gentile · Board/association: Central Lakes · Updated: May 24, 2026
Listing content is supplied through REALTOR.ca DDF®. Information is deemed reliable but is not guaranteed and should be independently verified. Commercially is not the listing brokerage unless expressly stated.
