Description
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, 2024. There is a whopping 56K 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.
Listing Details
400A 534 Main Street, Mahone Bay, B0J 2E0
PENDING
$699,900
202418579
n/a
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90
3,881 ft2
3,881 ft2
60373412
Municipal
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Cable,Electrical,Sewer,Telephone
Building Specifications
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Concrete,Metal
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Wood,Other
