256-258 Scott Street Fort Frances, Ontario P9A 1G7
$268,000
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:66349)
Property Details
| MLS® Number | X13244874 |
| Property Type | Retail |
| Community Name | TB-401 |
| Communication Type | High Speed Internet |
| Parking Space Total | 4 |
Building
| Bathroom Total | 5 |
| Appliances | Dryer, Washer |
| Cooling Type | Fully Air Conditioned |
| Exterior Finish | Concrete |
| Foundation Type | Poured Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Other |
| Utility Water | Municipal Water |
Land
| Access Type | Public Road |
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 155 Ft |
| Size Frontage | 25 Ft ,3 In |
| Size Irregular | 25.29 X 155 Ft |
| Size Total Text | 25.29 X 155 Ft|under 1/2 Acre |
Utilities
| Natural Gas Available | Available |
| Cable | Available |
| Electricity Connected | Connected |
| Telephone | Nearby |
https://www.realtor.ca/real-estate/29576101/256-258-scott-street-fort-frances-tb-401-tb-401
Contact Us
Contact us for more information
Alyssa Mutz
Salesperson
213 Main Street South
Kenora, Ontario P9N 1T3
(807) 468-3747
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September 03 2026 03:53:20
Thunder Bay Real Estate Board
Century 21 Northern Choice Realty Ltd.