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538 Main Street

Mahone Bay, Nova Scotia B0J 2E0

$1,150,000

Bedrooms
3
Bathrooms
5 + 3 half
Living area
3,826 sq ft
Lot
0.15 acres
Type
Single Family

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 and video are available in the property brochure URL linked below. (id:56844)

Listing

MLS® number
202625486
Status
Active
Days On Market
23

Building

Type
House
Style
3 Level
Storeys
3
Living area
3,826 sq ft
Above grade
3,826 sq ft
Bedrooms above grade
3
Foundation
Stone
Basement
Cellar

Interior

Flooring
Tile, Linoleum, Wood
Heating
Heat Pump, Baseboard heaters, Radiant heat, Oil, Electric, Radiator, Hot Water, Ductless
Cooling
Wall unit, Air Conditioned
Accessibility
32in min Doorways, 5ft min Bathroom Turning Radius, 32in min Entry Doorways, Entry less than 3 steps, Entry threshold less than ½ inch, Toilet safety bars

Land

Lot size
0.15 acres
View
View of water

Utilities

Water
Municipal water
Sewer
Municipal sewage system

Fees and taxes

Common interest
Freehold
Parcel number
60733136

Rooms

RoomLevelSize
Other Main level 18.5 x 39.2
Other Main level 8.11 x 26
Other Main level 11.6 x 32.6
Foyer Main level 15 x 4.8
2pc Bathroom Main level 3.11 x 7.10
2pc Bathroom Main level 4.4 x 7.10
2pc Bathroom Main level 5.9 x 7.10
Den Main level 14.7 x 14.6
Storage Main level 11.6 x 6.4
Kitchen Main level 11.5 x 18.5
Kitchen Second level 15.2 x 8.11
Dining room Second level 15.2 x 14. 8
Living room Second level 27.0 x 15.3
4pc Bathroom Second level 5.7 x 8.6
4pc Bathroom Third level 9.6 x 8.8
Primary Bedroom Third level 27 x 15
Bedroom Third level 27x15
Bedroom Second level 11.6 x 8.11

Directions

Main Street Mahone Bay. Blue building. Eli&Trix

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