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Price on request
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Asset Class
Office
Size
—
Building class
A
Zoning
CO — Commercial Office
$ / SF
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Occupancy
96%
Welcome to the Historic Armoury Building, ideally situated on the South side of Picton's Main Street. This unique multi-unit commercial community offers beautifully updated, all-inclusive, turnkey rental spaces, perfectly suited for professional offices and small business ventures. Unit 1E features a private entrance off Mary Street illuminated by an exterior awning, dedicated exterior banner space for your business logo, along with opportunities to display your business name on the building directories at both the Main Street and Mary Street entrances.Inside, this approximate 930 square foot unit showcases a blend of historic character and modern finishes, including original polished concrete floors, oversized window with Hunter Douglas blind, impressive 13 foot ceilings, original exposed steel I-beams, contemporary LED lighting, custom millwork for storage, and a practical kitchenette complete with a sink and small refrigerator.This particular unit also offers a separate private office featuring a custom designed feature wall and elegant barn doors, along with a thoughtful custom designer reception desk that creates a welcoming and professional first impression. Additional amenities include a shared accessible tenant washroom and one designated parking space. Enjoy the convenience of an all-inclusive commercial rental space in downtown Picton. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$84K
Annual cash flow
$775
Cash-on-cash
0.17%
DSCR
1.01
Going-in cap
5.59%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Trade area within 3 miles of the property.
Population
131,290
Households
49,683
Median income
$133,500
Median age
37.9
Daytime population
186,156
5-yr growth
7.4%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 1E - 206 MAIN STREET, Prince Edward County (Picton Ward).
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.