Space
Finished area and layout
- Living Area
- 3,826 sqft
- Above Grade
- 3,826 sqft
- Finished Breakdown
- Above 3,826 sqft
- Bedrooms
- 3
- Bathrooms
- 5
+29 more
3
Bedrooms
5
Bathrooms
3,826 sqft
Living Area
0.15 ac
Lot
Property Snapshot
Key details for this listing
MLS #202622972
Property
Type, style and structure
- Type
- residential
- Style
About This Property
This 3-bedroom, 5-bathroom single family in Mahone Bay offers 3,826 sqft of living area on a 0.15 ac lot. 3 storeys. The property has lot dimensions of 0.1498. The home features tile and linoleum and wood flooring, heat pump, baseboard heaters, radiant heat, oil, electric, radiator, hot water, ductless heating, wall unit, air conditioned, a cellar basement.
MLS Remarks
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, property brochure and aerial video of Mahone Bay URL link shared below. (id:60351)
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