256-258 Scott Street
Fort Frances, ON
- 5 bath
- 4,596 sqft
- Commercial Retail
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.
Listing Details
- Taxes (2026)
- $5,285
- Listed
- April 8, 2026
Price History
Property
- Construction
- Concrete
- Roof
- Flat, Membrane
- Foundation
- Poured Concrete
- Interior
- Other
- Lot Size
- 25.29 x 155 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- Scott Street between Mowat Avenue and Portage Avenue in Downtown Fort Frances
- Parcel Number
- 560181086
- Occupancy
- Owner+Tenant
Included
- Inclusions
- Fridge, Stove, Washer and Dryer in Apartment A, Fridge and Stove in Apartment B. Security Alarm and Camera System
- Rental Items
- Hot Water Tank Owned (2016)
Community
Postal area P9A
- Population
- 10,079
- Private dwellings
- 5,176
- Median age
- 44.8
- Average household size
- 2.3
- Median household income
- $82,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Fort Frances · last 12 months
- Median sold price
- $262,500
- Homes sold
- 24
- Median days on market
- 26
- Sale-to-list price
- 98.5%
Based on 24 recorded sales of commercial properties in Fort Frances over the last 12 months.
Listed by
CENTURY 21 NORTHERN CHOICE REALTY LTD.
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Annual property tax
- $5,285
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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