5257 Highway 10
New Germany, Nova Scotia
MLS® 202600672
$349,900
- Status
- Active
- Property type
- Retail
- MLS® number
- 202600672
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 31Listing description
Fully leased two unit commercial investment property in the heart of New Germany with strong cash flow and long term stability. The main floor is occupied by 2 Papas Pizza, leasing the space for $1,700 per month plus utilities with a secure lease in place until July 2029. The upper level consists of a renovated three bedroom, one bath apartment generating $1,800 per month plus utilities on a fixed term lease expiring August, 2026.
The unit features an open concept kitchen and living area, large vinyl windows providing excellent natural light, and a main floor mudroom with laundry. Recent upgrades include new drywall, flooring, and a newer heat pump, with an additional energy efficient ducted heat pump available and ready to be connected. Major building improvements include new electrical panels and wiring, a metal roof, electric on demand water heater, hot water tank, and water softener systems.
Located just 20 minutes from Bridgewater, this highly profitable property offers reliable income with minimal deferred maintenance.
Property summary
- MLS® number
- 202600672
- Property type
- Retail
- Title
- Freehold
- Land size
- 0.1676 acres
- Parking
- Paved Yard, Gravel
- Days on market
- 229 days
Features & details
- Heating
- Heat Pump, Baseboard heaters, Electric
- Cooling
- Heat Pump
- Flooring
- Other
What would this home cost you?
Based on the $349,900 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Engel & Volkers (Lunenburg), Lunenburg.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.