haho.ca
$950,000
For sale

558 Main Street, Mahone Bay - Business for Sale

558 Main Street, Mahone Bay, Nova Scotia, B0J2E0

Listed 62 days ago
Overview

This business in Mahone Bay is for sale. It has been on the market 62 days, fresher than the Mahone Bay average of 152 days.

Description

Live, work and thrive in the heart of Mahone Bay. This immaculate, established and profitable four-suite B&B with a separate owner/caretakers suite offers the rare opportunity to build a life and livelihood in one of Canadas most beautiful and recognizable seaside towns. An iconic presence on historic Main Street, this beautifully preserved character property has welcomed visitors for decades. Step outside and walk to restaurants, cafés, boutiques, galleries and the waterfront, while sailing, beaches, golf and the many attractions of Nova Scotias South Shore are close at hand. Currently operating as a highly regarded 4.5-star B&B, the property features four beautifully appointed guest suites, each with a private bathroom and ductless heat pump. Gracious living and dining rooms provide welcoming guest spaces. The private owner/caretakers suite includes an office, bathroom, laundry, deck and garden area, allowing an owner to live comfortably on-site while maintaining privacy. The garage, with EV charger and half bath, may offer potential for additional living or accommodation space, subject to approvals. For someone dreaming of a new chapter, this is more than an investment: it is an established business, a beautiful home and an opportunity to become part of a vibrant coastal community that people travel from near and far to experience. 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, video, 3D tour and full property details are available in the property brochure URL linked below. (id:66096)

Property Details

MLS®
202622263
Property Type
Business
Lot Size
5,929 sq ft (0.13 ac)
Year Built
1869
Heating
Heat Pump, Baseboard heaters, Electric, Ductless
Cooling
Air Conditioned
Garage
Gravel
Ownership
Freehold
Listed
62 days ago

Features

Flooring
Wood

Services

Water
Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
62d
Mahone Bay listings, avg age
152d
List price
$950K

Long Listed: 62 days on market, against an average age of 152 days across the listings currently for sale in this city

Haho

This business in Mahone Bay has been listed for 62 days, which is 90 days fresher than the city average of 152. Act while there is still low competition.

Listed by EXP Realty of Canada Inc. · Andrea Van Wilgenburg

Location

Approximate location — exact address confirmed upon showing

Nearby Places

$950,000
For sale

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Financing

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$950,000

Mahone Bay

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