$268,000
256-258 Scott Street, Fort Frances, ON P9A 1G7
— beds5 baths
Key facts
- MLS®
- X13244874
- Status
- New
- Type
- Commercial Retail
- Taxes
- $5,285
- Lot
- 4381 Feet
- Days on market
- 45
- Listed
- 2026-04-08
- Brokerage
- CENTURY 21 NORTHERN CHOICE REALTY LTD.
- Cross street
- Scott Street between Mowat Avenue and Portage Avenue in Downtown Fort Frances
Description
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.
IDX listing data provided by AMPRE / TRREB. Information is believed reliable but not guaranteed.