$699,900

Commercial For Sale In Mahone Bay, Nova Scotia

$699,900

Property Information:

Presenting a solid brick landmark property, originally built in 1933 for the Government of Canada. This turnkey, fully rented income generator in Mahone Bay features two second floor two-bedroom units with full bathrooms and a front balcony. A main floor Canada Post triple net lease runs until March 2027. Fixed residential leases are in place until December 1st, 2026. There is a whopping 58.5K in gross income yearly from the three tenants. The location is at the epicentre of bustling Mahone Bay and has a very generously sized parking lot in behind and lots of storage space on the lower level. This location is walking distance to galleries, shops, restaurants, and pubs that Mahone Bay is renowned for as well as all the essential amenities such as grocery, pharmacy, medical, dental, and the bank. Immersed in culture and beauty, 534 Main Street is situated in the centre of this idyllic seaside town. Various active groups keep folks young in Mahone Bay with tennis, sailing, running, yoga, and kayaking part of their daily regime. A one-hour drive to Halifax and mid-way between the UNESCO heritage site of Lunenburg and Chester makes for fun daily excursions.

Property Features:

  • Building Amenities: Laundry Facilities, Living Accommodations, Security System, Ventilation System, Laundry Facilities, Living Accommodations, Security System, Ventilation System
  • Building Features: Wheelchair Accessible
  • Built in: 1935
  • Construction: Brick, Concrete, Steel Frame
  • Documents on File: Aerial Photos, Floor Plan, Leases, Other Documents
  • Driveway/Parking: Parking Spaces(s), Paved, Visitor Parking
  • Fire Protection: Alarm, Smoke Detector
  • Floor Space (approx): 3881 Square Feet
  • Flooring: Wood, Other
  • Fuel Type: Electric, Oil
  • Heating/Cooling Type: Baseboard, Furnace, Hot Water
  • Property Size: Under 0.5 Acres
  • Rental Equipment: None
  • Roof: Concrete, Metal
  • Site Influences: Shopping Nearby, High Traffic Location, Public Parking, Shopping Nearby, High Traffic Location, Public Parking
  • Sub-type: Other, Residential Units
  • Title to Land: Freehold
  • Utilities: Cable, Electrical, Sewer, Telephone
  • Water Access/View: Access: Harbour, Access: Ocean, View: Ocean
  • Water Source: Municipal

Courtesy of: Duckworth Real Estate(Chester)

Data provided by: Nova Scotia Association of REALTORS® 68 Highfield Park Drive, Suite 112, Dartmouth, Nova Scotia B3A 0E4
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved