5257 Highway 10, New Germany, Nova Scotia B0R 1E0

Listed for:
$349,900
0 beds
0 baths
Listed 30 days ago
5257 Highway 10, New Germany, Nova Scotia B0R 1E0

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About

Highway 10 to New Germany around square to civic. 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. (id:27476)

Property Highlights

MLS® Number
202600672
Type
Retail
Community Name
New Germany
Ownership Type
Freehold
Land Size
0.1676 ac

Building

Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Heating Fuel
Building Cooling Type
Heat Pump

Utilities

Water
Drilled Well

Location

Learn more about this property
Listing provided by:
EXIT Realty Inter Lake
MLS® number:
202600672
Agent:
Jordan Greige
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