Primary photo of 5257 Highway 10, New Germany
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Restaurant For Sale

$349,900

MLS® Number: 202600672

Land Size

0.168

5257 Highway 10, New Germany, Nova Scotia

About This Property

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.

Property Details

Interior Details

Cooling

Heat Pump

Flooring

Other

Building & Exterior

Parking Features

Paved Yard, Gravel

Land & Location

City Region

New Germany

Lot Size Area

0.1676 acres

Lot Size Dimensions

0.1676

Parcel Number

60257391

Postal Code

B0R1E0

Listing & Financials

Listing Office

EXIT Realty Inter Lake

Originating System Name

Nova Scotia Association of REALTORS®

Other Specifications

Common Interest

Freehold

Country

Canada

Mortgage Calculator

20% ($69,980)
5.5%
25 Years

Estimated Monthly Payment

$1,719

Principal and interest only. Actual rates may vary.

Location & Map

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