256-258 Scott ST, Fort Frances, Ontario, P9A1G7
Sales Representative
Re/max First Choice Realty Ltd. Brokerage - Fort Frances/Rainy River District
Cell: 807-271-0422
$268,000 - For sale
Excellent investment opportunity with strong income potential! This well-maintained commercial building, formerly home to The Pink Parasol Tea Room, is in great condition and offers numerous upgrades throughout. The main floor features a bright, inviting commercial space complete with a kitchenette, built-in seating, and a fully accessible washroom. A full basement provides additional space for storage or office use, along with a second washroom. Security alarm and camera system equipment are included. The upper-level commercial space is currently tenanted with a signed 2-year lease beginning November 2025. Two residential units are also in place on month-to-month tenancies, and main floor has a 2 year lease starting June 2026, offering immediate income with future flexibility. Extensive updates include a new roof (2024), renovated apartments (2019), kitchenette addition (2024), updated LED lighting (January 2021), and new flooring and ceiling throughout the main floor (January 2021). A recently added rear staircase and four dedicated parking spaces further enhance accessibility and functionality. A turnkey, income-generating property with solid returns and quality updates throughout, ideal for investors or owner-operators. (id:2471)
Location DescriptionScott Street between Mowat Avenue and Portage Avenue in Downtown Fort Frances
- Property Address:256-258 Scott ST, Fort Frances, Ontario, P9A1G7
- Property Type:Multi-family
- Community Name:Fort Frances
- Lot Size:under 1/2 acre
- Acreage:under 1/2 acre
- Sewage Type:Municipal sewage system
- Water Type:Municipal water
- Access:Road access
- Driveway:Other, Rear, Parking Space(s) (4 spaces)
- Floor Space:4596 sqft
- Heating Type:Natural gas, Forced air
- Storeys:2
- Foundation Type:Poured Concrete
- Exterior Type:Concrete Block
Sales Representative
Re/max First Choice Realty Ltd. Brokerage - Fort Frances/Rainy River District
Cell: 807-271-0422
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- Map 256-258 Scott ST, Fort Frances, Ontario, P9A1G7
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256-258 Scott ST, Fort Frances, Ontario, P9A1G7
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