558 Main Street

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:56844)

Listing

MLS® number

202622263

Status

Active

Days On Market

58

Building

Year built

1869

Above grade

2,860 sq ft

Interior

Flooring

Wood

Heating

Heat Pump, Baseboard heaters, Electric, Ductless

Cooling

Air Conditioned

Land

Lot size

0.14 acres

View

View of water

Parking

Type

Gravel

Utilities

Water

Municipal water

Fees and taxes

Common interest

Freehold

Parcel number

60372687

Directions

Exit 10 off hwy 103, take a right into town of Mahone Bay, continue along Edgewater St, left at the cenotaph to Main St.