Description
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.
Listing Details
Address
Lot 400A 534 Main Street, Mahone Bay, B0J 2E0
Lot 400A 534 Main Street, Mahone Bay, B0J 2E0
Status
ACTIVE
ACTIVE
Listing Price
$699,900
$699,900
MLS®
202405870
202405870
Type
n/a
n/a
Style
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Age
90
90
Square Footage (MLA)
4,309 ft2
4,309 ft2
Total Fin SqFt (TLA)
4,309 ft2
4,309 ft2
PID
60373412
60373412
Water
Municipal
Municipal
Sewer
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Utilities
Cable,Electrical,Sewer,Telephone
Cable,Electrical,Sewer,Telephone
Building Specifications
Foundation Type
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Roof
Concrete,Metal
Concrete,Metal
Exterior Finish
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Flooring
Other
Other
