220 Fourth ST

$269,900

Rainy River, Rainy River, Ontario

  • 4,370 square feet
Residential · OtherType
Overhead HeatersHeating
320Days on market
$62 / sqftPrice / sqft

About this property

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. (id:66327)

Property details

Interior

Living area
4,370 square feet

Exterior & parking

Architectural style
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Exterior features
Concrete Block

Building & HOA

Heating
Overhead Heaters

Financial & legal

List price
$269,900
Price / sqft
$62 / sqft
Annual taxes
$3,904
Tenure
Freehold
Status
Active
MLS® number
TB253211

Location

City
Rainy River
Neighbourhood
Rainy River
Province
Ontario
Postal code
P0W1L0
Directions
From HWY 11, onto Fourth Street for one block, property is on the left past the stop sign.

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Listing data provided under the CREA Data Distribution Facility (DDF®). Information is deemed reliable but not guaranteed. REALTOR®, MLS® and associated logos are owned by The Canadian Real Estate Association (CREA).