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189 Picton Main St 2,640 SF of Retail Space Available in Picton, ON K0K 2T0
HIGHLIGHTS
- Prime Retail / Commercial
- High Traffic Location
- Central Downown Location
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,640 SF | Negotiable | $25.00 CAD/SF/YR $2.08 CAD/SF/MO $66,000 CAD/YR $5,500 CAD/MO | Triple Net (NNN) |
1st Floor
Commercial leasing opportunity in the heart of Picton, Ontario. Approximately 2,640 square feet on the ground floor, available for lease at a competitive rate of $25.00 per square foot net, plus an additional rent of $5.75 per square foot (TMI). Located on Picton Main Street, in the bustling downtown area, surrounded by major amenities. Picton is located just 160 kilometers east of Toronto and 84 kilometers west of Kingston, and is a renowned tourist destination appealing to visitors of all ages.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 2,640 SF | Gross Leasable Area | 2,640 SF |
| Property Type | Retail | Year Built | 1950 |
| Total Space Available | 2,640 SF |
| Property Type | Retail |
| Gross Leasable Area | 2,640 SF |
| Year Built | 1950 |
ABOUT THE PROPERTY
Located in the heart of Prince Edward County’s vibrant downtown! This high-exposure property offers approximately 2,500 square feet of prime ground-floor retail / commercial space, complemented by 1,500 square feet of functional basement area. Located directly on Picton Main Street, the property benefits from exceptional pedestrian and vehicular traffic, with nearby restaurants, shops, banks, and essential amenities attracting both locals and tourists year-round. Picton is situated approximately 160 km east of Toronto and 84 km west of Kingston, serving as a gateway to one of Ontario’s most popular travel and lifestyle destinations — Prince Edward County — known for its wineries, beaches, and thriving arts and culinary scene. This is a rare opportunity to secure a presence in one of the County’s most desirable commercial corridors.
- Restaurant
NEARBY MAJOR RETAILERS
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189 Picton Main St
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