Located just minutes from the town of Mahone Bay, this multi-unit apartment house in the heart of Martins River has had numerous upgrades in recent years including: roofing (metal and asphalt) drywall, kitchens, baths, flooring and ductless heat-pumps. The building consists of five one-bedroom units totaling 2,600 sq. ft. with all units fully occupied. The property has ample parking, a large back yard and adjacent the building a 24 ft. by 24 ft detached garage. The land is comprised of two side-by-side lots: one occupied by the building consisting of 15,500 sq. ft. of level land and the second vacant parcel consisting of 25,800 sq. ft. for a total of just under one acre of land. This property would lend itself for further expansion - either for residential use or for any number of commercial enterprises. The convenient location has always insured stable occupancy and revenue.
Exit 10 from Highway 103. Left onto old Highway 3 direction Martins River. Property on the left shortly after the bridge in Martins River.
Data was last updated October 15, 2026 at 06:30 AM (UTC)
Area Statistics
Listings on market:
16
Avg list price:
$687,400
Min list price:
$379,900
Max list price:
$3,500,000
Avg days on market:
120
Min days on market:
27
Max days on market:
447
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. This data is not produced by
the MLS® system.