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. (id:51013)
| Business Type | Other, Restaurant, Residential |
| Business Sub Type | Offices, Restaurant, Residential |
| MLS® Number | 202405870 |
| Property Type | Retail |
| Community Name | Mahone Bay |
| Amenities Near By | Public Transit, Shopping |
| Community Features | High Traffic Area |
| Amenities | Laundry Facility |
| Constructed Date | 1934 |
| Construction Material | Masonry, Concrete Walls, Steel Frame |
| Fire Protection | Alarm System, Smoke Detectors |
| Flooring Type | Other |
| Total Finished Area | 4309 Sqft |
| Utility Water | Municipal Water |
| Parking Space(s) | |
| Paved Yard |
| Acreage | No |
| Land Amenities | Public Transit, Shopping |
| Size Irregular | 0.26 |
| Size Total | 0.26 Ac |
| Size Total Text | 0.26 Ac |
https://www.realtor.ca/real-estate/26693809/lot-400a-534-main-street-mahone-bay-mahone-bay
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Eric Meredith
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ericmeredith.com
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