Property Details

13 Parade Street, Yarmouth NS B5A 3A5

Viewpoint Realty Services Inc. (Shelburne)

$775,000

New!

MLS #202512778

Location

43°50"14.748' N, 66°7"3.9036' W

Property Highlights

MLS®:202512778
PID:90207150
Type:Residential Income
Bedrooms:31
Lot Size:18,299.56 sq.ft (0.42 acres)

Property Description

nvestment Opportunity with Development Potential! Welcome to the Mid-Town Motel—an exceptional investment near the heart of Yarmouth’s downtown core, the Heritage District, and just minutes from the international ferry to the USA. Situated on a prominent corner lot, this 31-bedroom property includes a charming heritage home that has been expanded over time. It offers three separate entrances and two paved parking areas. The main building features an office/reception, two 2-piece washrooms, a spacious laundry area, mudroom, a large kitchen with ample prep space, a beautiful wood-panelled dining room showcasing original craftsmanship, and a grand front sitting room with fireplace that serves as a cozy guest lounge. Upstairs are four large guest suites (two with private baths) and six boarding rooms with a shared bath. Two bachelor suites are also located on the main floor. The newer wing houses 19 motel rooms on two levels, each with its own bathroom. Many have been renovated; others await finishing. Nine rooms are currently rented to long-term tenants, generating consistent income and offering a strong foundation for future cash flow. Extensive recent upgrades include a new fire-code-compliant sprinkler system, updated plumbing, new hot water and oil tanks, upgraded electrical panels, new exterior railings, fire escape, and balcony stairs. Roof shingles were replaced in June 2023. With over 11,000 sq ft of usable space and a prime location, this property is a compelling candidate for residential conversion. Government incentives are available for landlords transforming existing buildings into rental units—a major opportunity in today’s housing market. Whether you're seeking a live-in business, income property, or redevelopment project, the Mid-Town Motel delivers location, scale, and upside. Don’t miss this rare chance to invest in one of Yarmouth’s most versatile and promising properties.

Additional Property Info

Water:Municipal
Sewer:Municipal
Heating:Baseboard, Forced Air
Roof:Asphalt
Garage:No
Foundation:Concrete Perimeter, Stone
Flooring:Carpet, Laminate, Vinyl, Other

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All information is from sources deemed reliable but is subject to errors, omissions, changes in price, prior sale or withdrawal without notice. 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. All rights to content, photographs and graphics reserved to The Real Estate Store.

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 902-742-9222

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 91A Water Street, Yarmouth, NS B5A 4P6