538 Main Street, MAHONE BAY

2026-10-09
 

Quick Summary

Location
538 Main Street, MAHONE BAY, Nova Scotia B0J2E0
Price
$1,150,000 CAD
Status:
For Sale
Property Type:
Single Family
Area:
3826 sqft
Bedrooms:
3
Bathrooms:
5
Brochure Link:
Video Link:

MLS®#202625486

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 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: https://view.spiro.media/order/8a8061c0-fd1d-4bdb-a1d1-186614f9eb00?version=43_180&branding=true (232887100) (id:32467)

Property Features

Building

  • Architectural Style: 3 Level
  • Basement Type: Cellar
  • Construction Style: Detached
  • Cooling Type: Air Conditioned, Wall unit
  • Fireplace: No
  • Flooring Type: Linoleum, Wood, Tile
  • Interior Size: 3826 sqft
  • Building Type: House
  • Stories: 3
  • Utility Water: Municipal water

Land

  • Land Size: 0.1498 ac
  • Sewer: Municipal sewage system

Ownership

  • Type: Freehold

Information entered by EXP Realty of Canada Inc.
Listing information last updated on: 2026-10-08 20:44:09


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$500,000

Your One Percent Realty Commission savings†

$500,000

† Savings calculated using One Percent Realty East Inc's posted commission rates compared to a brokerage charging 5%. (HST is extra). Not all agents charge the same.

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We are a fully licensed real estate brokerage offering the same top-tier services and exposure as the big names in the industry—but at a lower commission rate. Here's what you can expect when you work with us: ✅ Full MLS® system listing ✅ Exposure on all major internet real estate platforms ✅ Professional signage (where permitted) ✅ Property showings and open houses ✅ Strategic advertising to attract buyers ✅ Skilled negotiation to secure the best deal ✅ Seamless conveyancing to ensure a smooth closing With us, you’re getting everything you need to sell your property successfully—just without the high commission fees.

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