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534 Main Street , 400A

Mahone Bay, NS B0J 2E0
  • $699,900
  • STATUS: Active
  • ON SITE: 46 Days
  • MLS #: 202418579
UPDATED: 56 min ago
$699,900
  • 0
    BEDS
  • 0.26
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,881
    SQFT
  • $180
    $/SQFT
Neighbourhood:
Type:
Commercial
Built:
1934
Municipality:
Area:

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.

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NSAR IDX Reciprocity listings are displayed in accordance with NSAR's IDX Agreements and property information is provided under copyright © by the Nova Scotia Association of REALTORS®. The above information is from sources deemed reliable but it should not be relied upon without independent verification.
Data last updated: 2024-09-18T09:35:27.41.
www.halifaxareahomesforsale.com/homes/153234250
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534 Main Street , 400A Mahone Bay, NS B0J 2E0

  • Price: $699,900
  • Status: Active
  • On Site: 46 Days
  • Updated: 56 min ago
  • MLS #: 202418579
0
Beds
0
Baths
0
½ Baths
0.26
Acres
3,881
SQFT
$180
$/SQFT
1934
Built
Neighbourhood:
South Shore
Municipality:
Lunenburg
Area:
South Shore
Property 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.
Exterior Features

Construction Materials BrickConcreteFrame Garage YN No Lot Features Under 0.5 AcresShopping Nearby Other Parking Parking Details(Multiple Spots Paved.) Parking Features Public ParkingParking Spaces(s)PavedGuest Road Frontage Type High Traffic Location Roof ConcreteMetal View Ocean View YN Yes Waterfront Features Access: HarbourOcean Access Waterfront YN No

Interior Features

Accessibility Features Wheelchair Accessible Below Grade Finished Area Units Square Feet Building Area Total 3881 Cooling Air Conditioning Cooling YN Yes Flooring WoodOther Heating BaseboardFurnaceHot Water Heating YN Yes

Property Features

Additional Parcels YN No Area Major 405-Lunenburg County Area Minor B2 Building Features Laundry FacilityLiving Accommodations Business Type OtherResidential Electric On Property YN Yes Exclusions Tenants Possessions Gas Oil Inclusions All Appliances New Construction YN No Other Equipment No Rental EquipmentVentilation System Ownership Freehold Possession Negotiable Property Sub Type Retail Rental Income Yes Security Features Fire AlarmSmoke Detector(s)Security System Tax Assessed Value 425000 Utilities ElectricCable ConnectedElectricity ConnectedSewer ConnectedPhone Connected Water Source Municipal Zoning COM/RES

Listing information © 2024 Nova Scotia Association of Realtors.
Listing provided courtesy of Duckworth Real Estate(Chester).


NSAR IDX Reciprocity listings are displayed in accordance with NSAR's IDX Agreements and property information is provided under copyright © by the Nova Scotia Association of REALTORS®. The above information is from sources deemed reliable but it should not be relied upon without independent verification.
Data last updated: 2024-09-18T09:35:27.41.
 
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EXP Realty of Canada
1959 Upper Water St. Tower 1, Suite 1301
Halifax NS, B3J 3N2