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Listed by Andrea Van Wilgenburg • EXP Realty of Canada Inc.
$1,150,000
Est. payment /mo
3,826 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 3,826 sqft
Price per Sqft $300
MLS Listing ID 202622972
HOA Y/N No
Lot Size 6,525 Sqft
Acres 0.1498
Property Sub-Type Business
Source Nova Scotia
Property 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 Canada's 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.
Location
Province NS
County Lunenburg
Area 405-Lunenburg County
Zoning Commercial
Region South Shore
City Region South Shore
Interior
Heating Baseboard, Fireplace(s), Furnace, Heat Pump, Ductless, Hot Water
Flooring Wood
Inclusions Tbd
Equipment Fuel Tank(s)
Fireplace Yes
Exterior
Utilities Available Electric
View Y/N No
Roof Type Metal
Garage No
Private Pool No
Exclusions Tbd
Building
Lot Description Under 0.5 Acres
Story 3
Water Municipal
New Construction No
Others
Ownership Freehold
ParcelsYN No
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