538 Main Street, Mahone Bay - Business for Sale
538 Main Street, Mahone Bay, Nova Scotia, B0J2E0
This business in Mahone Bay is for sale. It has been on the market 54 days, fresher than the Mahone Bay average of 152 days.
Description
An exceptional mixed-use opportunity in the heart of Mahone Bay, 538 Main Street combines flexible commercial space with three-bedroom accommodation above, creating multiple possibilities for business, income generation or a live-work lifestyle in one of Canadas most beautiful and recognizable seaside towns. The street-level commercial space, currently home to Eli & Trix, offers excellent Main Street visibility, an inviting retail/dining area and fully equipped commercial kitchen. The flexible layout could potentially accommodate multiple commercial uses, while additional rear office space with a separate entrance offers further rental or professional-use potential. The current owner operates the restaurant and may consider leasing the commercial space from a new owner, offering the possibility of an established commercial tenant from the outset. Above, a spacious three-bedroom registered Short-Term Rental provides an established accommodation and income opportunity, or potential owner accommodation for someone wishing to live and work in the heart of Mahone Bay. The upper level may also offer potential to create separate two-bedroom and one-bedroom suites, subject to applicable approvals. A new metal roof was installed in August 2026. Surrounded by shops, restaurants, cafés and galleries and just steps from the waterfront, this adaptable property offers a rare combination of commercial, residential and lifestyle potential. Purchasers continuing the existing business may qualify to acquire the property/business without HST being payable, subject to CRA requirements and the appropriate GST/HST election. Buyers should obtain independent tax advice. For floor plans, property brochure and aerial video of Mahone Bay URL link shared below. (id:66096)
Property Details
- MLS®
- 202622972
- Property Type
- Business
- Business Type
- Other, Restaurant, Residential
- Lot Size
- 6,525 sq ft (0.14 ac)
- Heating
- Heat Pump, Baseboard heaters, Oil, Electric, Hot Water, Ductless, Furnace
- Cooling
- Heat Pump, Air Conditioned
- Garage
- Concrete
- Ownership
- Freehold
- Listed
- 54 days ago
Features
- Flooring
- Wood
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 54 days on market, against an average age of 152 days across the listings currently for sale in this city
This business in Mahone Bay has been listed for 54 days, which is 98 days fresher than the city average of 152. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
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$1,150,000
Mahone Bay