220 Fourth Street
Rainy River, ON
- 1 bath
- 4,370 sqft
- Commercial Retail
A rare opportunity in the heart of Rainy River! This well-known commercial property has been home to a trusted hardware and home supply store that has proudly served the community for over 35 years, with the current owner operating it successfully for the past 25. Now, with retirement approaching, this property and inventory are being offered for sale - creating a fantastic opportunity for new owners to bring their own business vision to life in a prime downtown location. The sale includes the building and current hardware merchandise inventory, providing a ready-to-use retail setup with excellent exposure and loyal local traffic. While it has long operated as a hardware store, the business itself is not included in the sale, leaving the door open for a variety of potential uses - continue offering hardware and home goods, or reimagine the space to suit your own commercial plans. Rainy River is a full-service community affectionately known as the “Walleye Capital,” nestled on the beautiful Lake of the Woods at the border of Ontario, Minnesota, and Manitoba - a region celebrated for its natural beauty, recreation, and welcoming small-town atmosphere. As a bonus, the owner also holds three desirable vacant lots in town, perfect for building your dream home. With the purchase of the property, one or more of these lots can be negotiated. One lot offers scenic riverfront views, while the other two are located in a quiet cul-de-sac near the river and within walking distance to the local school. This is an excellent opportunity for anyone looking to relocate to one of Northwestern Ontario’s most scenic and community-oriented areas. It is ideal for individuals or families eager to raise children in a safe, small-town setting while enjoying the rewards of entrepreneurship and small business life. Please note: The business is not included in the sale. Do not approach the premises directly. For full details or to arrange a private viewing, contact the listing agent.
Listing Details
- Taxes (2025)
- $3,904
- Originally Listed
- $299,900
- Listed
- October 14, 2025
Price History
Property
- Construction
- Concrete
- Roof
- Other
- Foundation
- Other
- Interior
- Other
- Lot Size
- 46 x 120 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
Utilities
- Sewer
- Sewer
Location & Legal
- Cross Street
- From HWY 11, onto Fourth Street for one block, property is on the left past the stop sign.
- Parcel Number
- 560560543
Included
- Inclusions
- Key Machine, Paint mixer, Paint tinter, Shelving
- Exclusions
- N/A
Community
Postal area P0W
- Population
- 6,454
- Private dwellings
- 3,903
- Median age
- 42.8
- Average household size
- 2.5
- Median household income
- $76,500
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.
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
- $3,904
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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