256-258 Scott St Fort Frances, Ontario P9A 1G7
4,596 sqft
Forced Air
$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:15069)
Property Details
| MLS® Number | TB2600651 |
| Property Type | Multi-family |
| Community Name | Fort Frances |
| Communication Type | High Speed Internet |
| Community Features | Bus Route |
| Structure | Workshop |
Building
| Amenities | Storefront, Street Lighting |
| Exterior Finish | Concrete Block |
| Foundation Type | Poured Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 4,596 Sqft |
| Utility Water | Municipal Water |
Parking
| Other | |
| Rear | |
| Parking Space(s) | 4 |
Land
| Access Type | Road Access |
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Frontage | 25.2900 |
| Size Total Text | Under 1/2 Acre |
Utilities
| Cable | Available |
| Electricity | Available |
| Natural Gas | Available |
| Telephone | Available |
https://www.realtor.ca/real-estate/29576101/256-258-scott-st-fort-frances-fort-frances
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April 22 2026 03:00:55
Thunder Bay Real Estate Board
Century 21 Northern Choice Realty Ltd.