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Visitor Number: 15,506,852

279 Scott St., Fort Frances, ON

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$240,000 Site# 3421 Viewed: 1130 Map to Location
8072740009 Type: Commercial Bedrooms: 3
Acreage: Bathrooms: 3
279primelocation@gmail.com Sq Ft: 5277 Age:
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Commercial building for sale with 5 levels and 2 apartments in the prime 200 block of Scott Street, Fort Frances.

This well maintained commercial building is a money-making investment with 8 rental units including 2 commercial spaces right off Scott Street in the downtown core (200 block) of Fort Frances; the building also includes 2 spacious apartments, and 4 additional retail spaces, one of which could easily be converted to a third apartment. Most areas of the building are recently renovated. The building is heated and cooled by 2 rooftop gas furnace/air conditioning systems. The building is warm and dry. There is a cement parking pad in the rear of the building with room for 3 vehicles. We are willing to accept a $100,000 down payment and carry your mortgage over a 10 year period. (Or you can obtain alternate financing.) An individual purchasing this building with $100,000 down will receive a yearly return of $6,869.99 WHILE PAYING THE MORTGAGE which represents a 6.869% return on your investment.

 

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