5257 Highway 10, New Germany, NS, B0R 1E0

MLS® # 202600672

Commercial For Sale In New Germany, Nova Scotia

$349,900

None Beds

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5257 Highway 10, New Germany, NS, B0R 1E0

$349,900

Property Information:

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 Papa’s 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 Features:

Building Features: Doors Under 10 Ft, Lighting
Built in: Y
Construction: Concrete
Documents on File: Aerial Photos, Leases
Driveway/Parking: Gravel, Multi, Paved
Floor Space (approx): 2660 Square Feet
Flooring: Other
Fuel Type: Electric
Heating/Cooling Type: Baseboard, Heat Pump -Ducted
Property Size: Under 0.5 Acres
Rental Equipment: Propane Tank
Roof: Asphalt Shingle, Metal
Sub-type: Residential Units, Restaurant
Title to Land: Freehold
Utilities: Cable, Electrical, Sewer, Telephone, Well
Water Source: Drilled Well

Courtesy of: EXIT Realty Inter Lake

Data provided by: Nova Scotia Association of REALTORS® 68 Highfield Park Drive, Suite 112, Dartmouth, Nova Scotia B3A 0E4
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

Access to Sold Data on this website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of residential real estate.

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