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5257 Highway 10 New Germany, Nova Scotia B0R 1E0

Heat Pump

$374,900

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:45785)

Business

Business Type Restaurant, Residential
Business Sub Type Restaurant, Residential

Property Details

MLS® Number 202600672
Property Type Retail
Community Name New Germany
Equipment Type Propane Tank
Rental Equipment Type Propane Tank

Building

Construction Material Concrete Walls
Cooling Type Heat Pump
Flooring Type Other
Total Finished Area 2660 Sqft
Utility Water Drilled Well

Parking

Gravel
Paved Yard

Land

Acreage No
Size Irregular 0.1676
Size Total 0.1676 Ac
Size Total Text 0.1676 Ac

https://www.realtor.ca/real-estate/29244615/5257-highway-10-new-germany-new-germany

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Jordan Greige

(902) 204-9999

Exit Realty Inter Lake
271 North Street
Bridgewater, Nova Scotia B4V 2V7

(902) 543-7642
(902) 543-1290
www.exitinterlake.com