$1,150,000
( $300.58Per Sq Foot )
 $6,173 est/mo Sourced by Back At You

538 Main Street,Mahone Bay, NS B0J2E0

Mahone Bay, NS B0J2E0

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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:13843)

Details

MLS #202622972
Listing TypeFor Sale
StatusActive
Days On Site50
Listing Provided ByEXP Realty of Canada Inc. | Andrea Van Wilgenburg

Features

SQ Feet3,826
Acreage0.15

Interior

CoolingHeat Pump, Air Conditioned
HeatingHeat Pump, Baseboard heaters, Oil, Electric, Hot Water, Ductless, Furnace
Fireplace Yes / NoNo

Parking

Parking FeaturesConcrete

Utilities

Water SourceMunicipal water

Area Information

ProvinceNS
CityMahone Bay
Postal CodeB0J2E0
Listing VS Median (in B0J2E0)
Price:
$1,150,000
low | high
Med:
$699,900
89.139130434783% of Average
sqft:
3,826
low | high
Med:
1,947
99.111343439624% of Average
$ / sqft:
$301
low | high
Med:
$359
30.403858779393% of Average
On site:
50
low | high
Med:
143
34.965034965035% of Average
Sourced by Back At You

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Learn More About This Property

ProvinceNS
CityMahone Bay
Postal CodeB0J2E0
Listing VS Median (in B0J2E0)
Price:
$1,150,000
low | high
Med:
$699,900
89.139130434783% of Average
sqft:
3,826
low | high
Med:
1,947
99.111343439624% of Average
$ / sqft:
$301
low | high
Med:
$359
30.403858779393% of Average
On site:
50
low | high
Med:
143
34.965034965035% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $862K - $1.437M
sqft: 2,500 - 4,500
Nearby Listings Property ImageNearby Listings Details
538 Main Street Property Photo 1
$1,150,000
538 Main Street
Mahone Bay, NS B0J2E0
558 Main Street Property Photo 1
$950,000
558 Main Street
Mahone Bay, NS B0J2E0
Listing Updated: October 10, 2026 at 1:48:24 AM PDT