202405870 | Lot 400A 534 Main Street

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Lot 400A 534 Main Street
Mahone Bay NS , B0J 2E0 , Canada

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Eric Meredith

Real Estate Agent

Phone: 902.453.1700

My Website

Email Me

Royal LePage Atlantic

Brokerage:

1 - 629 MAIN STREET

MAHONE BAY, NS
B0J2E0

Company Website

$699,900.00

MLS® 202405870

Commercial : Commercial Retail

Floor Space (approx):	4309 Square Feet
Built in:	1934

Remarks:

Mahone Bay landmark, currently the home of Canada Post and two residential units in the heart of downtown Mahone Bay. There is currently a long term lease with Canada post that has a triple net lease. Upstairs units rent for 1250 and 950 respectively. Room for significant rental increases when the units turn over. Built in 1933, the originally a government of Canada building with a managers office and records office for the area upstairs. Built with concrete and steel and speed tiles with 14" walls. Roof is concrete and copper. Extremely durable and build to last. Rare opportunity to invest in a rapidly growing tourist destination. This is a rare opportunity to acquire prime real estate in the heart of the town center.

Property Features:

Building Amenities: Laundry Facilities , Ventilation System
Building Amenities: Laundry Facilities , Ventilation System
Construction: Brick , Concrete , Steel Frame
Documents on File: Leases
Driveway/Parking: Parking Spaces(s) , Paved
Fire Protection: Alarm , Smoke Detector
Flooring: Other
Fuel Type: Electric , Oil
Heating/Cooling Type: Baseboard , Hot Water
Property Size: Under 0.5 Acres
Rental Equipment: None
Roof: Concrete , Metal
Site Influences: Public Transportation , Shopping Nearby , High Traffic Location
Site Influences: Public Transportation , Shopping Nearby , High Traffic Location
Sub-type: Office , Residential Units , Restaurant
Title to Land: Freehold
Utilities: Cable , Electrical , Sewer , Telephone
Water Source: Municipal

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