Our Office Listings

534 Main Street
405-Lunenburg County Mahone Bay B0J 2E0

$899,900
Commercial

Main Photo: 534 Main Street in Mahone Bay: 405-Lunenburg County Commercial  (South Shore)  : MLS®# 202307681
Photo 1: 534 Main Street in Mahone Bay: 405-Lunenburg County Commercial  (South Shore)  : MLS®# 202307681
Photo 2: 534 Main Street in Mahone Bay: 405-Lunenburg County Commercial  (South Shore)  : MLS®# 202307681
Photo 3: 534 Main Street in Mahone Bay: 405-Lunenburg County Commercial  (South Shore)  : MLS®# 202307681
Photo 4: 534 Main Street in Mahone Bay: 405-Lunenburg County Commercial  (South Shore)  : MLS®# 202307681
Photo 5: 534 Main Street in Mahone Bay: 405-Lunenburg County Commercial  (South Shore)  : MLS®# 202307681
Photo 6: 534 Main Street in Mahone Bay: 405-Lunenburg County Commercial  (South Shore)  : MLS®# 202307681
Photo 7: 534 Main Street in Mahone Bay: 405-Lunenburg County Commercial  (South Shore)  : MLS®# 202307681
Photo 8: 534 Main Street in Mahone Bay: 405-Lunenburg County Commercial  (South Shore)  : MLS®# 202307681
Photo 9: 534 Main Street in Mahone Bay: 405-Lunenburg County Commercial  (South Shore)  : MLS®# 202307681
Photo 10: 534 Main Street in Mahone Bay: 405-Lunenburg County Commercial  (South Shore)  : MLS®# 202307681
Photo 11: 534 Main Street in Mahone Bay: 405-Lunenburg County Commercial  (South Shore)  : MLS®# 202307681
Photo 12: 534 Main Street in Mahone Bay: 405-Lunenburg County Commercial  (South Shore)  : MLS®# 202307681
Photo 13: 534 Main Street in Mahone Bay: 405-Lunenburg County Commercial  (South Shore)  : MLS®# 202307681
Photo 14: 534 Main Street in Mahone Bay: 405-Lunenburg County Commercial  (South Shore)  : MLS®# 202307681
Photo 15: 534 Main Street in Mahone Bay: 405-Lunenburg County Commercial  (South Shore)  : MLS®# 202307681
Photo 16: 534 Main Street in Mahone Bay: 405-Lunenburg County Commercial  (South Shore)  : MLS®# 202307681
Photo 17: 534 Main Street in Mahone Bay: 405-Lunenburg County Commercial  (South Shore)  : MLS®# 202307681
Photo 18: 534 Main Street in Mahone Bay: 405-Lunenburg County Commercial  (South Shore)  : MLS®# 202307681
Photo 19: 534 Main Street in Mahone Bay: 405-Lunenburg County Commercial  (South Shore)  : MLS®# 202307681
Photo 20: 534 Main Street in Mahone Bay: 405-Lunenburg County Commercial  (South Shore)  : MLS®# 202307681
Photo 21: 534 Main Street in Mahone Bay: 405-Lunenburg County Commercial  (South Shore)  : MLS®# 202307681
Photo 22: 534 Main Street in Mahone Bay: 405-Lunenburg County Commercial  (South Shore)  : MLS®# 202307681
Photo 23: 534 Main Street in Mahone Bay: 405-Lunenburg County Commercial  (South Shore)  : MLS®# 202307681
Photo 24: 534 Main Street in Mahone Bay: 405-Lunenburg County Commercial  (South Shore)  : MLS®# 202307681
Photo 25: 534 Main Street in Mahone Bay: 405-Lunenburg County Commercial  (South Shore)  : MLS®# 202307681
Photo 26: 534 Main Street in Mahone Bay: 405-Lunenburg County Commercial  (South Shore)  : MLS®# 202307681
Photo 27: 534 Main Street in Mahone Bay: 405-Lunenburg County Commercial  (South Shore)  : MLS®# 202307681
Photo 28: 534 Main Street in Mahone Bay: 405-Lunenburg County Commercial  (South Shore)  : MLS®# 202307681
Status:
Active
Prop. Type:
Commercial
MLS® Num:
202307681
Bus Major:
Other
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. Development potential in the back lot which was originally intended to have a 16 unit building built. Lot 2 Hedge Row could also be purchased to provide the buyer an opportunity to develop more units. This is a rare opportunity to acquire prime real estate in the heart of the town center.
Listing Sub-Area:
405-Lunenburg County
Property Type:
Commercial
Commercial Type:
Other
Major Bus Type:
Other, Residential Units
Title To Land:
Freehold
Year built:
1933 (Age: 90)
Age:
90
Main Living Area:
4,306 sq. ft.
Floor Area:
4,306 sq. ft.
Prop Size:
Under 0.5 Acres
Lot Size:
0.51 acre(s)
Zoning:
COMMERCIAL
Parking:
Yes
Driveway:
Gravel, Parking Spaces(s), Paved
Parking Description:
Mutiple spaces
# Floors:
2
Floor Finish:
Other
Roof:
Concrete, Metal, Other
Heating:
Baseboard, Hot Water
Fuel:
Electric, Oil
Water Supply:
Municipal
Utilities:
Cable, Electrical, Municipal Water, Sewer, Telephone
None
No
534 MAIN ST LOT 04-01AC MAHONE BAY POST OFFICE
Rental Income:
Yes
Possession Info:
negotiable
Listed Date:
May 01, 2023
Days on Mkt:
27
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Data was last updated May 28, 2023 at 11:20 AM (UTC)
Area Statistics
Listings on market:
14
Avg list price:
$1,900,000
Min list price:
$125,000
Max list price:
$1,900,000
Avg days on market:
25
Min days on market:
7
Max days on market:
723
These statistics are generated based on the current listing's property type and located in 405-Lunenburg County. Average values are derived using median calculations.
Kathleen Meredith, REALTOR®