5257 Highway 10,New Germany, NS B0R1E0
New Germany, NS B0R1E0
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. (id:13843)
Details
| MLS # | 202600671 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Status | Active |
| Days On Site | 221 |
| Listing Provided By | Engel & Volkers (Lunenburg) | Jordan Greige |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 1,020 |
| Basement | Y |
| Story(s) | 2 |
| Acreage | 0.17 |
Interior
| Cooling | Air Conditioned |
|---|---|
| Heating | Heat Pump, Baseboard heaters, Electric, Ductless |
| Appliances | Washer, Refrigerator, Stove, Dryer |
| Fireplace Yes / No | No |
Exterior
| Accessibility Features | 5ft min Kitchen Turning Radius, 32in min Entry Doorways |
|---|---|
| Lot Features | Level, Sump Pump |
| Foundation Details | Poured Concrete |
Parking
| Parking Features | Paved Yard, Gravel |
|---|
Utilities
| Sewer | Septic System |
|---|---|
| Water Source | Drilled Well |
Area Information
| Province | NS |
|---|---|
| City | New Germany |
| Postal Code | B0R1E0 |
| Listing VS Median (in B0R1E0) | |
Price: $349,900 low | high Med: $349,900 sqft: 1,020 low | high Med: 2,660 $ / sqft: $343 low | high Med: $132 On site: 221 low | high Med: 221 | |
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Learn More About This Property
| Province | NS |
|---|---|
| City | New Germany |
| Postal Code | B0R1E0 |
| Listing VS Median (in B0R1E0) | |
Price: $349,900 low | high Med: $349,900 sqft: 1,020 low | high Med: 2,660 $ / sqft: $343 low | high Med: $132 On site: 221 low | high Med: 221 | |