$699,900 FOR SALE

Commercial/Retail

Lot 400a 534 Main Street
Mahone Bay, NS B0J 2E0

Mahone Bay landmark, currently the home of Canada Post and two residential units in the heart of downtown Mahone Bay. There is currently a long term lease with Canada post that has a triple net lease. Upstairs units rent for 1250 and 950 respectively. Room for significant rental increases when the units turn over. Built in 1933, the originally a government of Canada building with a managers office and records office for the area upstairs. Built with concrete and steel and speed tiles with 14" walls. Roof is concrete and copper. Extremely durable and build to last. Rare opportunity to invest in a rapidly growing tourist destination. This is a rare opportunity to acquire prime real estate in the heart of the town center. (id:47423)

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Listed By Royal Lepage Atlantic (Mahone Bay)
Data Provided By Nova Scotia Association of REALTORS®
MLS® Listing Number 202405870
Last Updated Apr 03, 2024
Property Summary
Property Type Commercial/Retail

More like this:
Use Office
Community Mahone Bay
Price History
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Detailed Information
Amenities Nearby Public Transit, Shopping
Community Features High Traffic Area
Listing Contract Date 2024-04-01
Location Description Main Street, Mahone Bay
Municipal ID 60373412
Ownership Type Freehold
Property Type Retail
Transaction Type For sale
Business
Business Type Other, Restaurant, Residential
Business Subtype Offices, Restaurant, Residential
Building
Amenities Laundry Facility
Constructed Date 1934
Construction Material Masonry, Concrete Walls, Steel frame
Fire Protection Alarm system, Smoke Detectors
Flooring Type Other
Total Finished Area 4309 sqft
Utility Water Municipal water
Parking Spaces
Name Spaces
Parking Space(s)
Paved Yard
Land
Total Size 0.26 acres
Amenities Public Transit, Shopping
Size of Irregular Land 0.26

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