5257 Highway 10, New Germany, Nova Scotia

$349,900

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3

Beds

1

Bath

1,020

Square feet

0.17

Acres

About 5257 Highway 10

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:36535)

Features of 5257 Highway 10

Listing # 202600671
Price $349,900
Bedrooms 3
Bathrooms 1.00
Square Footage 1,020
Acres 0.17
Type Single Family
Sub-Type Freehold

Community Information

Address 5257 Highway 10
Subdivision New Germany
City New Germany
Province Nova Scotia
Postal Code B0R1E0

Amenities

Features Level, Sump Pump
Parking Gravel, Paved Yard
Is Waterfront No
Has Pool No

Interior

Appliances Stove, Dryer, Washer, Refrigerator
Heating Electric Baseboard heaters, Heat Pump, Ductless
Cooling Air Conditioned
Fireplace No
# of Stories 2
Has Basement Yes
Basement Features Walk out
Basement Type Partial

Exterior

Exterior Wood siding
Foundation Poured Concrete

Listing Details

OfficeCourtesy Of Engel & Volkers (Lunenburg)

Listing Map