Overview
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)
Contact us about this listing & It's History
Neighborhood Information
Mahone Bay, NS
Mahone Bay is a charming small town in Nova Scotia, Canada, known for its picturesque scenery and the iconic Three Churches that line the waterfront. The town's setting along the bay offers breathtaking views, and it's a popular spot for sailing and boating. Downtown Mahone Bay is dotted with unique shops, cafes, and art galleries, making it an enjoyable area to explore. The town hosts several events throughout the year, including the Mahone Bay Classic Boat Festival and the Scarecrow Festival in the fall.
Living in Mahone Bay offers a slower, more relaxed pace of life. Residents can enjoy the natural beauty of the area, yet amenities such as shopping and dining are easily accessible. However, it's worth noting that the cost of living can be higher than in some other parts of Nova Scotia, particularly when it comes to real estate.
The population of Mahone Bay is approximately 1,036, making it a close-knit community.
78
Living in Mahone Bay is quite desirable for those seeking a peaceful small town living with a strong sense of community. The town's natural beauty and charming downtown area make it a delightful place to live. Mahone Bay scores a 78 for livability.
Search Nearby Activities80
The schools in Mahone Bay are highly regarded. The small class sizes provide a personalized learning environment. The town's commitment to education earns it a school score of 80.
Search Nearby Schools75
Entertainment in Mahone Bay largely revolves around the town's natural beauty and community events. From sailing on the bay to the various festivals throughout the year, there's always something to do. Mahone Bay's entertainment options score a solid 75.
Search Nearby Restaurants85
The outdoor activities in Mahone Bay are abundant. With the bay right at its doorstep, residents can easily partake in boating, kayaking, and swimming. The town also has numerous hiking trails and parks. Mahone Bay's outdoor activities score an impressive 85.
Walk Score - 61%About Your Relator®
Jessica Mugford
Meet Jessica Mugford, a dynamic and enthusiastic Realtor® based in the heart of Sydney, NS. Born and raised in this picturesque coastal city, Jessica brings a deep-seated passion and a comprehensive understanding of the local market to her role. Her journey in real estate began at RE/MAX Park Place, where she served as an administrative professional specializing in contract review. This experience has provided her with invaluable insights into the industry, enhancing her expertise in managing real estate transactions with finesse.
Jessica's love for travel has broadened her perspective, allowing her to appreciate diverse lifestyles and housing needs, making her an ideal advisor for clients seeking to navigate the complexities of the real estate market. Coupled with her exceptional customer service skills, Jessica is committed to offering personalized and effective real estate solutions.
With deep rooted entrepreneurial ties to the community, Jessica has the foresight to recognize independent real estate opportunities, propose growth strategies and guide her clients through effective and efficient closing processes.
With Jessica Mugford, you can expect nothing less than a professional, tailored approach.
Phone: (902) 322-1684
Email: jessicamugford@remax.net
Office: Sydney
Map
Mortgage Calculator
Estimated Monthly Payment:
Monthly mortgage and property tax payments are estimates for which we bear no responsibility.
Homeowners could also be subject to mortgage insurance premiums, homeowners insurance premiums, and other costs.
Property Details
| On Market Date | 2026-10-08T19:57:19.8 |
| Status | ACTIVE |
| Price | $1,150,000.00 |
| Neighborhood | South Shore |
| Location | Lat: 44.448535, Lng: -64.381139 |
| Bedrooms | 3 |
| Bathrooms (Full) | 2 |
| Bathrooms (Half) | 3 |
| Bathrooms (Total) | 5 |
| Square Feet | 3,826.00 |
| Lot Size | 6,524.00 6524 |
| Heating | Baseboard,Heat Pump -Ductless,Hot Water,Radiant,Radiator,Ductless Cooling |
| Water Source | Municipal |
| Sewer | Municipal |
| Roof | Metal |
| Flooring | Linoleum,Softwood,Tile |
| View | View: Bay |
| Association Fee | 0.00 |
| Listing Office Name | EXP Realty of Canada Inc. |
| Listing Agent | Andrea Van Wilgenburg |
| MLS® | 202625486 |
No representation is made as to the accuracy of any description. All measurements and square footages are approximate and all information should be confirmed by customer.