For Sale: 256-258 Scott Street, Fort Frances, ON - REW
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$268,000
0 bd • ba • 4596 sf • Multifamily
256-258 Scott Street
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$268,000
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256-258 Scott StFort Frances, ON, P9A 1G7

  • 0 Bed
  • Bath
  • 4596 Sqft
  • Multifamily

About this home

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:63626)
Listed by: ALYSSA MUTZ, Salesperson, CENTURY 21 NORTHERN CHOICE REALTY LTD.

Home facts and features

Price details
List Price
$268,000
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Gross Taxes for 2026
$5,285
Home facts
Bedrooms
0
Full Bathrooms
Parking Details
Parking Space(s), Rear
Property Type
Multifamily
Depth
Frontage
25.29
Exterior Finish
Concrete Block
Heating Type
Forced air, Natural gas
Features
Storefront, Street Lighting
Agent details
Primary Agent
ALYSSA MUTZ
Primary Broker
CENTURY 21 NORTHERN CHOICE REALTY LTD.
Listing details
Days on REW
62 Days
Property Views
15
MLS® Number
TB2600651
Source
Canadian Real Estate Association
Board
Thunder Bay Real Estate Board
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25 Years
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3.99%

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Property Insights

Robert Moore Public School
  • Public
  • JK - 8
St Michaels School
  • Catholic
  • JK - 3
J W Walker Public School
  • Public
  • JK - 6
St Francis School
  • Catholic
  • 4 - 8
Fort Frances High School
  • Public
  • 7 - 12
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Salesperson
ALYSSA MUTZ
Phone:
(807) 861-1444
Office:
807-468-3747
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